UAE developments
Corporate Tax to be introduced in the UAE for financial years starting on or after 1 June 2023
- Tax penalty relief extended to 31 December 2022
- Dubai Customs publishes Customs Service Guide
- Maqta Gateway in Abu Dhabi has added Customs Inspection and Clearance services to the Advanced Trade and Logistics Platform
KSA developments
- ZATCA launches Customs Duty Refund Service
Bahrain developments
- NBR updates financial services VAT guide with cryptocurrency guidance
Oman developments
- OTA publishes General Guide and Guide for Consumers
- Oman Customs publishes the new Customs Tariff
Kuwait developments
- KGAC publishes customs circular No. (3) of 2022 further to the customs circular issued on January 1st 2022 on the implementation of the unified tariff schedule of the GCC countries for the year 2022
Source Deloitte