Affidavit Of Income Template for Saudi Arabia

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What is a Affidavit Of Income?

An Affidavit of Income is commonly required in Saudi Arabia for various official and financial purposes, including visa applications, housing loans, government assistance programs, and legal proceedings. The document must be prepared in accordance with Saudi law, which combines Sharia principles with civil law requirements. The affidavit typically includes detailed information about regular employment income, business profits, investment returns, and other income sources. It must be authenticated by a recognized public notary and may require supporting documentation such as salary certificates, tax records, or bank statements. The document serves as a formal declaration of the declarant's financial status and carries legal consequences for false statements under Saudi law.

Reviewed by

Swetha Meenal

Legal Engineer, GenieAI

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A lawyer, legal researcher and legal tech founder, Swetha has built AI products deployed inside Tier 1 firms and enterprises. She ensures GenieAI's alignment with the latest regulation and executes testing on the legal robustness of Genie output.

Reviewed by

Imad Mohammed Nazar

Legal Engineer, GenieAI

Imad Mohammed Nazar profile photo

A Skadden-trained M&A lawyer, Imad advised on cross-border transactions and contractual risk before moving into legal AI. He reviews GenieAI's output for compliance and enforceability across our 150+ supported jurisdictions, as well as facilitating external benchmarking.

Jurisdiction

Saudi Arabia

Publisher

GenieAI

Category

Affidavit

Sector

Business

Cost

Free to use

Last updated

About the Affidavit Of Income

An Affidavit of Income is a legally binding document that allows you to formally declare your financial earnings under oath in Saudi Arabia. This sworn statement combines traditional Sharia law principles with modern civil law requirements, making it a crucial document for various official and financial transactions throughout the Kingdom.

When do you need this document?

You will need an Affidavit of Income for numerous situations in Saudi Arabia, including applying for residence or work visas, securing housing loans from Saudi banks, applying for government assistance programs, or participating in legal proceedings where financial disclosure is required. Many employers and government agencies require this document to verify your financial status for benefits eligibility, tax calculations under ZATCA regulations, or Zakat obligations. The document is also essential when applying for family reunification visas or when your income needs verification for court proceedings.

Key legal considerations

Your Affidavit of Income must include comprehensive details about all income sources, including regular employment salaries, business profits, investment returns, rental income, and any other financial earnings. The document must specify exact amounts in Saudi Riyals and include supporting documentation such as salary certificates, bank statements, or tax records. Under Saudi anti-fraud regulations, providing false information in your affidavit carries serious legal consequences, including potential criminal charges and financial penalties. You must ensure all declared income aligns with your tax filings and Zakat calculations as required by ZATCA. The affidavit typically requires notarization by a recognized public notary and may need Arabic translation if originally prepared in another language.

Legal requirements in Saudi Arabia

Saudi Arabia's Basic Law of Governance establishes Sharia as the foundation for all official documents, requiring your Affidavit of Income to meet both religious and civil law standards. The Law of Public Notarization mandates that your affidavit be properly authenticated by an authorized notary public within the Kingdom. Under the Income Tax Law and ZATCA regulations, your declared income must accurately reflect your tax obligations and Zakat calculations, with discrepancies potentially triggering audits or penalties. The Law of Civil Procedures sets specific formatting requirements for sworn statements, including proper identification details such as your national ID or Iqama number, current address, and contact information. If you are a non-Arabic speaker, translation offices certified by the Ministry of Justice may be required to provide official Arabic translations of supporting documents.

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