Crypto Taxes Saudi Arabia: What You Need to Know in 2025

When you trade or hold cryptocurrency in Crypto Taxes Saudi Arabia, the tax rules for digital assets in Saudi Arabia are still evolving but now require clear reporting for certain activities. Also known as Saudi crypto taxation, this isn’t about banning crypto—it’s about tracking income and capital gains from it. Unlike countries that treat crypto as currency, Saudi Arabia doesn’t classify it as legal tender, but that doesn’t mean your trades go unnoticed.

The Saudi Zakat, Tax and Customs Authority, the government body responsible for tax enforcement and compliance in the Kingdom. Also known as ZATCA, it has started monitoring crypto transactions through banks and exchanges that operate under its licensing rules. If you’re earning income from crypto—like staking rewards, mining payouts, or trading profits—you may owe taxes. The key question isn’t whether you’re taxed, but whether you’re reporting. Most individuals aren’t being audited yet, but the system is being built. Think of it like the early days of online income reporting in the U.S. or EU: quiet at first, but enforcement is coming.

Crypto reporting Saudi Arabia, the process of disclosing digital asset activity to tax authorities. Also known as crypto income disclosure, it’s not mandatory for everyone today, but it’s required for businesses, traders with significant volume, and anyone registered with a licensed exchange. If you’re using a platform like ProBit Global or MGBX that has ties to Saudi financial infrastructure, your activity could be flagged. Even if you’re not on a regulated exchange, if you convert crypto to SAR through a bank or payment processor, that transaction leaves a trail.

There’s no capital gains tax rate published yet, but the government has signaled it will follow international norms. That means short-term trades (held under a year) will likely be taxed as income, while long-term holdings could get favorable treatment. Airdrops? If you claim them and later sell, they count as taxable income at the time you received them. Mining? If you’re doing it commercially, you’re a business—and subject to business tax rules. Personal mining? Unclear, but don’t assume it’s free.

What you won’t find: a simple crypto tax calculator from the government. What you will find: a growing list of licensed exchanges, stricter bank reporting rules, and rising pressure on crypto users to self-report. The goal isn’t to punish— it’s to bring crypto into the formal economy. That means if you’re holding or trading, you need to start tracking your transactions now. Date, amount, value in SAR, and purpose. Use a spreadsheet. Use a tool. But don’t wait until the audit letter arrives.

Below, you’ll find real-world examples of what’s happening in the Saudi crypto space—what’s legal, what’s risky, and what’s being ignored by most traders. These aren’t guesses. They’re based on how regulations are being applied, what exchanges are doing, and what tax authorities are watching. Whether you’re a casual holder or an active trader, this is the information you need to avoid surprises down the road.