Tax on individuals : Tax rules on partnerships (personal companies)

a. Tax shall be imposed on partners in partnerships and not on the company itself. A partner is required to file its own separate tax return (declaration)  of taxable income from all activities including income from its share in the partnership.

b. A partnership shall file an information return showing the amount of income, profit, loss, expenses, debts, and other items or tax related matters of the partnership for the taxable year within 60 days of the end of the partnership's tax year.

c. The declaration shall be subject to procedural rules, including fines imposed on tax declarations in accordance with the Income Tax Law.

d. The partnership shall be responsible for choosing the taxable year, accounting method, inventory method and filing notifications and statements required in relation to its activities.

e. A limited partnerships shall be taxable in the same manner applicable to a limited company by shares.

f. A non-resident partner in a resident partnership is deemed to have a permanent establishment in the Kingdom,  that is its share in the partnership.