Oman developments
- The OTA issues a VAT Guide for the Real Estate Sector in Arabic
Bahrain Developments
- Early reports from Bahrain that the VAT rate may be doubled from 5% to 10%
Kuwait developments
- Services by Kuwait Customs Go Digital
KSA developments
- Less than 70 days to e-invoicing implementation
- Tax and customs committees merge into one secretariat
- ZATCA announces the possibility of depositing goods under customs duty, tax and restriction suspension arrangement in the “customs deposit zones”
Source Deloitte
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- On-Demand Webinar: Digital Compliance Developments in the UAE, KSA & Gulf Region
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- Middle East: Insights into the tax complexities involved in corporate reorganizations in the GCC region
- Customs duty exemption for Industrial production in GCC countries
