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Saudi Arabia

15 Employees

  • Third-party revenues


  • Related-party revenues


  • Total revenues


  • Profit before tax


  • Tax paid


  • Tax accrued


  • Tangible assets


  • Stated capital


  • Accumulated earnings


Main business activities

  • Downstream

Shell’s footprint

Shell has been present in Saudi Arabia for more than 70 years. Our current activities include the marketing of lubricants through Al Jomaih and Shell Lubricating Oil Co. Ltd. (JOSLOC) and new business development activities through Shell Overseas Services Limited.

Country financial analysis

The statutory corporate income tax rate in Saudi Arabia is 20%. In 2019, Shell sold its 50% interest in Saudi Aramco Shell Refinery Company to Saudi Aramco. Tax paid in 2021 relates to 2021 only.

Corporate income tax
This is a direct tax imposed on companies’ profits. It is sometimes levied at a national level but can also be levied on a state or local basis.
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