VAT in UAE and GCC - IMC
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VAT Tag

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The VAT FAQs section was updated on the official website on 9th July by the United Arab Emirates (UAE) Ministry of Finance (MOF. It provides simplified explanation to all your VAT questions.
The update provides useful written confirmation on a number of points discussed at...

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Introduction
The GCC nations have announced the introduction of VAT from the next year and preparation for the same is in full swing. Kingdom of Saudi Arabia (KSA) already published the draft VAT law on the website of General Authority of Zakat and Tax (GAZT)....

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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...

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The General authority for Zakat and taxes (GAZT), the regulatory body for taxation in Kingdom of Saudi Arabia (KSA) have recently updated some notable points on their website about Value Added Tax (VAT). It illuminates the stakeholders about various key facts about implementation of VAT.

Key...

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VAT Introduction
Value Added Tax (VAT) is an indirect tax levied on supplies. GCC have entered a treaty to introduce and implement VAT and Excise across the GCC to create a wider scope of revenues for the Government. All the countries in the region shall...