Quotation Estimate Accountant in Saudi Arabia Jeddah –Free Word Template Download with AI

This Quotation Estimate is formally issued by Al-Nakheel Professional Accounting & Financial Services Co. to provide a comprehensive and transparent breakdown of professional Accountant services to be delivered to the client's business operations located in Saudi Arabia Jeddah. This document serves as a binding financial proposal outlining the scope of work, deliverables, associated costs, and terms governing the engagement. The Quotation Estimate has been prepared in full compliance with the regulations set forth by the Saudi Arabian Monetary Authority (SAMA), the Zakat, Tax and Customs Authority (ZATCA), and the Ministry of Commerce of the Kingdom of Saudi Arabia.

Our firm specializes in providing dedicated Accountant services tailored to the unique regulatory and commercial environment of Saudi Arabia Jeddah. Whether your business operates in the port logistics sector, retail trade, manufacturing, or the growing digital economy of Jeddah, our Accountant professionals are equipped to ensure full statutory compliance, accurate financial reporting, and strategic fiscal planning.

The following Accountant services are included within this Quotation Estimate for the client's operations in Saudi Arabia Jeddah:

• Monthly bookkeeping and general ledger maintenance in accordance with IFRS and Saudi GAAP standards.
• Preparation and filing of monthly and quarterly VAT returns with ZATCA on behalf of the client.
• Annual Zakat calculation and submission to the relevant Saudi Arabian authorities.
• Payroll processing for up to 50 employees, including GOSI contributions and WPS (Wage Protection System) compliance.
• Preparation of annual financial statements (Balance Sheet, Income Statement, Cash Flow Statement) for audit purposes.
• Reconciliation of bank accounts, supplier ledgers, and customer receivables on a monthly basis.
• Advisory services on tax optimization, transfer pricing, and regulatory compliance specific to Saudi Arabia Jeddah commercial zones.
• Assistance with annual license renewal documentation and financial requirements for the Ministry of Commerce.

1. This Quotation Estimate is valid for thirty (30) calendar days from the date of issue. Upon expiry, pricing and availability of the designated Accountant professional may be subject to revision.
2. Payment terms: 50% advance payment upon acceptance of this Quotation Estimate, with the remaining 50% payable in equal monthly installments over the contract period. All payments shall be made via bank transfer to our designated account in Saudi Arabia Jeddah.
3. The engagement period covered by this Quotation Estimate is twelve (12) months from the date of contract execution, renewable upon mutual written agreement.
4. Our Accountant team shall maintain strict confidentiality over all financial data, trade secrets, and proprietary information of the client in accordance with Saudi data protection regulations.
5. The client agrees to provide timely access to all financial records, bank statements, invoices, and supporting documentation required for the Accountant to perform the services outlined in this Quotation Estimate.
6. Any penalties, fines, or interest levied by ZATCA or other Saudi Arabian authorities due to the client's failure to provide accurate or timely information shall be the sole responsibility of the client.
7. This Quotation Estimate does not constitute a guarantee of audit outcomes. The Accountant services are advisory and compliance-oriented in nature.
8. Governing law: This agreement shall be governed by and construed in accordance with the laws of the Kingdom of Saudi Arabia. Any disputes shall be resolved through the competent courts in Saudi Arabia Jeddah.

By signing below, both parties acknowledge and agree to the terms, conditions, and pricing outlined in this Quotation Estimate for Accountant services to be rendered in Saudi Arabia Jeddah. This document, once countersigned, shall serve as the formal engagement letter between the parties.