Decree

Arabic

The Council of Ministers,

after perusal in its session held under the chairmanship of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al-Saud, of Royal Court File 60317 dated 20 Sha’ban 1446 [19 February 2025], which includes the Telegram of the Minister of Energy 4391 dated 16 Dhu Al-Qa’dah 1445 [24 May 2024], regarding the request to extend the period of application of the tax rate stipulated in article 7(b) of the Income Tax Law, and to extend the period of separating the downstream works from oil and hydrocarbons production works through an independent legal entity until the end of 2030,

after perusal of the Income Tax Law issued by Royal Decree D/1 dated 15 Muharram 1425 [6 March 2004],

after perusal of Royal Decree D/13 dated 18 Muharram 1441 [17 September 2019],

after perusal of Bureau of Experts at the Council of Ministers Memorandum 1631 dated 10 Jumada Al-Awwal 1446 [12 November 2024],

after perusal of Council of Economic and Development Affairs Recommendation 1-7/46/R dated 18 Jumada Al-Thani 1446 [19 December 2024],

after considering Shura Council Decision 207/20 dated 18 Sha’ban 1446 [17 February 2025],

and after perusal of General Committee of the Council of Ministers Recommendation 9845 dated 7 Shawwal 1446 [5 April 2025],

hereby decides

The amendment of clauses First and Second of Royal Decree D/13 dated 18 Muharram 1441 [17 September 2019] is hereby approved to be as follows:

First

The tax rate stipulated in article 7(b) of the Income Tax Law issued by Royal Decree D/1 dated 15 Muharram 1425 [6 March 2004] applies to the taxable subject matter for a taxpayer resulting from downstream works carried out by taxable persons in accordance with article 2(f) of the law, until 31 December 2030.

Second

If any of the taxable persons—referred to in clause First of this decree—do not comply with separating the downstream works from the works of producing oil and hydrocarbons until 31 December 2030, the tax will be collected from him in accordance with article 7(c) of the Income Tax Law from 1 January 2020.

A draft royal decree has been prepared in the form attached.

Salman bin Abdulaziz Al-Saud

Issued on: 22 Dhu Al-Qa’dah 1446
Corresponding to: 20 May 2025

Published in Umm Al-Qura 5091 issued on 4 June 2025.

Arabic

The Council of Ministers,

after perusal of Royal Court File 66808 dated 15 Ramadan 1446 [15 March 2025], which includes the Minister of Foreign Affairs Telegram 182804 dated 6 Rajab 1446 [6 January 2025], regarding the final signed version of the draft General Cooperation Agreement between the Government of the Kingdom of Saudi Arabia and the Government of the Kingdom of Eswatini,

after perusal of the mentioned final version,

after perusal of Council of Ministers Decision 26 dated 10 Muharram 1446 [16 July 2024],

after perusal of Bureau of Experts at the Council of Ministers Memorandum 2826 dated 14 Sha’ban 1446 [13 February 2025],

after considering Shura Council Decision 222/21 dated 10 Ramadan 1446 [10 March 2025],

and after perusal of General Committee of the Council of Ministers Recommendation 9839 dated 7 Shawwal 1446 [5 April 2025],

hereby decides

The General Cooperation Agreement between the Government of the Kingdom of Saudi Arabia and the Government of the Kingdom of Eswatini signed in the city of Riyadh on 10 Jumada Al-Thani 1446, corresponding to 11 December 2024, is hereby approved in the form attached.

A draft royal decree has been prepared in the form attached.

The Prime Minister

Issued on: 14 Dhu Al-Qa’dah 1446
Corresponding to: 12 May 2025

Published in Umm Al-Qura 5090 issued on 30 May 2025.