Posted on 16 May 2023
In a recent development, the Ministry of Finance has implemented Ministerial Decision No (97) of 2023, which establishes comprehensive guidelines for maintainin..
Posted on 02 September 2021
The Common Reporting Standard (CRS) applies to certain Financial Institutions which are located in the Kingdom of Saudi Arabia (KSA). Reporting KSA Financial In..
Posted on 18 March 2020
The 31st March 2020 Economic Substance Regulations (ESR) notification deadline previously advised by Dubai International Financial Centre (DIFC) has been postpo..
Posted on 18 February 2020
The UAE and Saudi Arabia were the first two countries to implement VAT beginning January 1, 2018, followed by Bahrain, which deployed the new system at the star..
Posted on 13 February 2020
Public Clarification EXTP004 issued by the Federal Tax Authority (FTA) provides guidance on situations where stockpilers may be allowed to deregister where less..
Posted on 10 September 2019
FTA conducted an awareness workshop for businesses registered for excise tax on 9th September 2019. The workshop was about expanding the scope of excise tax as ..
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