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Saudi Arabia is All Set to Introduce E-Invoicing

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Saudi Arabia is All Set to Introduce E-Invoicing
  • Newsletter, Saudi Arabia

Saudi Arabia is All Set to Introduce E-Invoicing

  • A draft resolution detailing the technical and functional implementation guidelines of E-invoicing has been released on 18th March 2021 by Saudi Arabia’s General Authority of Zakat and Tax (GAZT) as an addendum of earlier released regulations published during

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Oman VAT Executive Regulation – Important Highlights
  • Newsletter, Oman

Oman VAT Executive Regulation – Important Highlights

  • On 14th March 2021, the much-awaited Executive Regulations of Value Added Tax (VAT) was issued by the Head of Oman Tax Authority (OTA), His Excellency Saud bin Nasser Al Shukaili vide Ministerial Decision 53/2021.

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Singapore Enters into Digital Economy Partnership Act (DEPA) With New Zealand And Chile
  • Newsletter, Singapore

Singapore Enters into Digital Economy Partnership Act (DEPA) With New Zealand And Chile

  • Singapore’s Digital Economy Partnership Agreement (DEPA) with New Zealand and Chile came into effect on January 7, 2021.

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Amendment in Citizenship Law will Attract More Investment and Talent to The United Arab Emirates
  • Newsletter, U.A.E.

Amendment in Citizenship Law will Attract More Investment and Talent to The United Arab Emirates (UAE)

  • The UAE announced on Saturday, January 30 2021 about the amendment of the country’s citizenship laws granting citizenship status to investors and expatriates for the first time

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India Enters into Defence and Trade Agreements with Mauritius and Extends 100 Million USD Credit
  • India, Newsletter

India Enters into Defence and Trade Agreements with Mauritius and Extends 100 Million USD Credit

  • In a significant development and approved by the union cabinet, India recently entered into a USD 100 million Defence Line of Credit agreement with Mauritius, the first such pact with an African country as a part of the

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Oman Amends Foreigners’ Residence Rule by Abolishing No Objection Certificate (NOC) Requirement for Foreign Workers
  • Newsletter, Oman

Oman Amends Foreigners’ Residence Rule by Abolishing No Objection Certificate (NOC) Requirement for Foreign Workers

  • The recent amendment in Oman's labor laws can be seen as a Government effort to reduce the rights gap between expatriates and locals and this amendment of Foreigners

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Qiddiya Investment Company (QIC) And The General Authority of Small and Medium Enterprises (Monsha’at) Sign Two Memoranda of Understanding to Support Local SMEs in Saudi Arabia
  • Newsletter, Saudi Arabia

Qiddiya Investment Company (QIC) And The General Authority of Small and Medium Enterprises (Monsha’at) Sign Two Memoranda of Understanding to Support Local SMEs in Saudi Arabia

  • Qiddiya Investment Company (QIC) and the General Authority for Small and Medium Enterprises (Monshaat) in the Kingdom of Saudi Arabia came into an agreement and signed two memoranda of understanding (MoUs).

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UAE-ADNEC and Expo Tel Aviv Sign Strategic Memorandum of Understanding (MOU) for Enhancing Business and Investment Opportunities
  • Newsletter, U.A.E.

UAE-ADNEC and Expo Tel Aviv Sign Strategic Memorandum of Understanding (MOU) for Enhancing Business and Investment Opportunities

  • Abu Dhabi National Exhibitions Company (ADNEC) and Expo Tel Aviv, the leading exhibition center of Israel, enters into partnership to encourage and promote further collaboration and cooperation in the business of travel and tourism sector in the region.

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In A Significant Move, The “AL-ULA DECLARATION” Opens Borders and Resumes Trade Between Qatar and Other GCC Countries
  • Newsletter

In A Significant Move, The “AL-ULA DECLARATION” Opens Borders and Resumes Trade Between Qatar and Other GCC Countries

  • On 5 January 2021, in a landmark declaration and signing of 'solidarity and stability' agreement during the 41st GCC Summit held in the city of Al-Ula; the UAE, Saudi Arabia, Bahrain, and the rest of the Gulf Cooperation

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New Regulation on Dependant Pass (DP) Holders Introduced: DP Holders will now Need Formal Work Pass to Work in Singapore from May 1
  • Newsletter, Singapore

New Regulation on Dependant Pass (DP) Holders Introduced: DP Holders will now Need Formal Work Pass to Work in Singapore from May 1

  • From May 1, 2021, foreigners staying in Singapore on Dependant's Passes shall need a work pass to work here instead of a Letter of Consent (LOC) issued from the Ministry of Manpower (MOM).

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