Form Q7b: Saudi Arabia Free _verified_

This form is primarily used by the Saudi Central Bank (SAMA) and is mandatory for certain entities receiving Foreign Direct Investment (FDI) in the Kingdom.

To use Form Q7/B effectively, several compliance steps must be followed: Authentication form q7b saudi arabia free

Part 5: Declaration and Signature

  • Preparer Name: Name of the person filling the form.
  • Signature: Authorized signature (Manager/Finance Manager).
  • Official Stamp: Company seal.
  • Contact Details: Phone number and email for verification queries.

5. How to File a "Free" Declaration (Step-by-Step)

If you need to submit a customs declaration in Saudi Arabia without paying duties (free of charge or free of duty): This form is primarily used by the Saudi

The form must be submitted before the payment date to the non-resident party to avoid a 5% penalty on the withheld amount. Preparer Name: Name of the person filling the form

To successfully use Form Q7B or its digital equivalent, you usually need the following supporting documents: