How long do I actually need to keep accounting records?

The general rule in the country requires companies to retain accounting and tax records for a full 7 years from the end of the tax period itself — not just the filing year. Certain cases (such as real estate or specific transactions) can require an even longer retention period than that 7-year default.

A single missing document when the authority requests it carries a penalty, even if the return itself was correct. At RASEEKH, we digitally archive your file from day one so any document stays available whenever it's requested, not only at filing time.