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Oman releases Basic VAT Guidelines
Oman
Oman releases Basic VAT Guidelines
Posted on 13 October 2020
Oman has released the following VAT guidelines: 1. VAT Information Sheet: Click Here 2. VAT Basics for individuals: Click Here You can access Law includi..
50% tax on sweetened drinks from 1st Oct in Oman
50% tax on sweetened drinks from 1st Oct in Oman
Posted on 28 September 2020
Omans Tax Authority has announced implementation of Excise Tax on sweetened drinks witheffectfrom 1st October 2020. According to Article 15 of Excise Tax Law, a..
FTA publishes updated Excise Tax User Guide
UAE
FTA publishes updated Excise Tax User Guide
Posted on 23 September 2020
UAEs Federal Tax Authority has publishedan updated version ofExcise Tax User Guide covering Registration, Amendments De-registration You can access Law incl..
NBR releases VAT Transfer of a Going Concern Guide
Bahrain
NBR releases VAT Transfer of a Going Concern Guide
Posted on 17 August 2020
Bahrains National Bureau for Revenue (NBR) has releasedVAT Transfer of a Going Concern Guidewhichsets out general principles relating to the concept of VAT on t..
PoA : New development in the VAT refund Form for New Residence
UAE
PoA : New development in the VAT refund Form for New Residence
Posted on 15 July 2020
A new Power of Attorney (PoA) form has been released by the Ministry of Finance (MoF) which can be used by the UAE Nationals to appoint a Tax Agent who can then..
Second half of 2021 is the expected date of VAT implementation in Oman
Oman
Second half of 2021 is the expected date of VAT implementation in Oman
Posted on 03 July 2020
Information revealed to Atheer to start the implementation steps of the value-added tax project by transferring it to the Shura and State Council Oman for discu..
KSA to charge 15% VAT on goods imported through e-commerce
KSA
KSA to charge 15% VAT on goods imported through e-commerce
Posted on 29 June 2020
The Saudi customs reported 15% of VAT on or after 1 July 2020 for transactions involving e-commerce of products from outside the country. The General Authority ..
NBR launches VAT bill payment service via Bahrain.bh
Bahrain
NBR launches VAT bill payment service via Bahrain.bh
Posted on 18 June 2020
The Information eGovernment Authority (iGA), in cooperation with the National Bureau for Revenue (NBR) has launched a new service allowing VAT payments to be m..
Oman Kicks-off its new Tax Card System
Oman
Oman Kicks-off its new Tax Card System
Posted on 10 June 2020
Slowly but surely, the long anticipation of the tax card system has now come to an end. As Sultan bin Salim al Habsi, Head of the Tax Authority, announced that ..
UAE Cabinet Resolution Passed for approving 122 Sectors eligible for 100% Foreign Ownership in UAE
UAE
UAE Cabinet Resolution Passed for approving 122 Sectors eligible for 100% Foreign Ownership in UAE
Posted on 21 April 2020
The UAE has released the full list of 122 categories for 100 per cent ownership in the mainland under the Foreign Direct Investment (FDI) Law. Cabinet Resolu..

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