Article 10 of the Saudi ZATCA Statute

المادة 10 من تنظيم هيئة الزكاة والضريبة والجمارك

The article gives the Authority an independent annual budget and a general reserve equal to twice its previous budget's expenditure, deposited in its account after revenues are paid to the Ministry of Finance, with the State's financial year as its year.

Official text (Arabic)

This article has not been amended since the law was issued.

1- تكون للهيئة ميزانية سنوية مستقلة من مواردها المالية، واحتياطي عام يعادل ضعف إجمالي نفقاتها المبينة في ميزانيتها السنوية السابقة؛ تودع في حساب الهيئة بعد توريد جميع الإيرادات إلى حساب جاري وزارة المالية في البنك المركزي السعودي.

2- السنة المالية للهيئة هي السنة المالية للدولة.

This is the official Arabic wording, the only legally binding version. We do not translate the law itself; the explanation below is ours. Official source: Bureau of Experts at the Council of Ministers

Article 10 explained in plain English

This article governs the Authority's budget and reserve.

1. The budget: the Authority has an independent annual budget from its financial resources.

2. The general reserve:

Its amount is equal to twice its total expenditure shown in its previous annual budget.
It is deposited in the Authority's account.
This takes place after all revenues are paid to the Ministry of Finance's current account at the Saudi Central Bank.

The text therefore makes deposit in the Authority's account depend on payment of all revenues to the Ministry of Finance's current account first. The amount of the reserve is calculated by reference to the expenditure of the previous annual budget, not the current one.

3. The financial year: it is the State's financial year.

This article is linked to Article 9, which sets the Authority's resources, including an amount not exceeding 10% of the previous year's tax and customs revenues, and requires all revenues to be deposited in the Ministry of Finance's current account. It is also linked to Article 11, which requires the final account to be submitted to the Council of Ministers within 90 days of the end of the financial year.

The article is internal and financial in nature, and does not create obligations on taxpayers.

Translated from our Arabic explanation with machine assistance. For guidance only; it does not replace advice from a lawyer on your situation.

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