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Introduction The treaty for Value Added Tax signed by GCC nations is finally out in the public domain. The much talked about treaty is being published in the official gazette of the Kingdom of Saudi Arabia (KSA). It is one of the crucial steps in implementation...

Introduction The GCC nations have announced introduction of VAT from the next year and preparation for the same is in full swing. Kingdom of Saudi Arabia already published the treaty in their official gazette earlier this month and is all set to introduce it with effect...

Introduction Qatar has recently made major amendments to the law related to residency, entry and exit of expatriates in the country. It was published in the official gazette on 13th December, 2015 and came into force from 13th December, 2016. It has replaced the existing sponsorship...

Introduction Qatar is one of largest growing economy in the gulf region and has highest per capita income in the world. It is a developed country and has rich reserves of natural resources. The policy makers for the country are focused to attract the investors to...

DOHA: The International Monetary Fund (IMF) favours Qatar imposing value-added tax (VAT) on goods and services and bringing local and GCC companies within the income tax net to boost its non-energy revenue. It also suggests that Qatar should contain its expenditure growth by reducing state...