The Gulf Cooperation Council (“GCC”) Member States signed an agreement in 2016 setting the tremendous task to introduce VAT throughout the GCC. To date, four Member States have introduced VAT: the United Arab Emirates, the Kingdom of Saudi Arabia, Bahrain and most recently Oman.
“Fundamentals of GCC VAT Law is the first book of its kind and provides the reader with an understanding of the workings of GCC VAT. It aims to give the reader an insight into the systematics, functioning and the principles of the GCC VAT systems as well as the implementation by the Member States.”
More information can be found here: www.tecklenborgh.com.
Latest Posts in "GCC"
- On-Demand Webinar: Digital Compliance Developments in the UAE, KSA & Gulf Region
- GCC Countries Adopt 12-Digit HS Codes: Key Changes and Business Implications
- GCC Adopts 12-Digit HS Codes for Customs
- Middle East: Insights into the tax complexities involved in corporate reorganizations in the GCC region
- Customs duty exemption for Industrial production in GCC countries
