News

KSA announces increase in Customs Duty
KSA
KSA announces increase in Customs Duty
Posted on 01 June 2020
The Kingdom of Saudi Arabia has announced that it will raise customs duties ranging from 5% to 25% on import of wide range of goods as of 10 June 2020. These in..
 Qatar's GAC exempts customs duties for 905 commodities
Qatar
Qatar's GAC exempts customs duties for 905 commodities
Posted on 26 March 2020
The General Authority of Customs (GAC) in Qatar has exempted medical and food items from customs dutiesfor a period of six months, as part of a package of preca..
Dubai customs notice on  implementation of Economic Stimulus Package
UAE
Dubai customs notice on implementation of Economic Stimulus Package
Posted on 25 March 2020
Following the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, in respect of the new economi..
Saudi and Bahraini customs sign mutual recognition agreement of Authorized Economic Operator Program
Bahrain
Saudi and Bahraini customs sign mutual recognition agreement of Authorized Economic Operator Program
Posted on 28 February 2020
The Saudi Customs and the Customs of Bahrain signed an agreement of mutual recognition of Authorized Economic Operator Program (AEO) , which aims to enhance the..
Dubai Customs launched smart application system
UAE
Dubai Customs launched smart application system
Posted on 21 December 2019
Dubai Customs Authority has launched a smart application system Al Munasiq based on smart application technology which provides customer with a new channel tha..
 Saudi customs publishes regulations for Bonded Zones and Warehouses
KSA
Saudi customs publishes regulations for Bonded Zones and Warehouses
Posted on 09 September 2019
The Saudi Customs has recently published terms and conditions for Establishing and Operating Bonded Zones and Bonded Warehousesin accordance with the Common Cus..
Dubai Customs publishes application and declaration forms for the Virtual Stock Guarantee (VSG)  facility.
UAE
Dubai Customs publishes application and declaration forms for the Virtual Stock Guarantee (VSG) facility.
Posted on 24 July 2019
1. What is Virtual Stock Guarantee facility? It is a customs facility that enables Dubai-based free zone companies and customs warehouses to clear goods at r..
Customs Notice 7/2019 released banning the imports of all types of hookah molasses and e-cigarettes without a DTS
UAE
Customs Notice 7/2019 released banning the imports of all types of hookah molasses and e-cigarettes without a DTS
Posted on 24 July 2019
Customs Notice No. (7/2019) on Implementation of Marking Tobacco and Tobacco Products Scheme Further to Customs Notice no. 5/2019 on placing digital tax stam..
Dubai Customs publishes associated application and declaration forms for the Virtual Stock Guarantee (VSG) facility
UAE
Dubai Customs publishes associated application and declaration forms for the Virtual Stock Guarantee (VSG) facility
Posted on 17 July 2019
The Dubai Customs recently published application and declaration forms for the Virtual Stock Guarantee(VSG) facility. VCG is a custom facility that has been int..
 Dubai Custom Authority Implements Marking Tobacco and Tobacco Products Scheme
UAE
Dubai Custom Authority Implements Marking Tobacco and Tobacco Products Scheme
Posted on 17 July 2019
The Custom Authority of Dubai vide Custom Notice No. 5\2019 has announced implementation of Marking Tobacco and Tobacco Products Scheme. The notice further talk..

Gcc News

Submit News
GCC FinTax
GCC App for Android & iOS

GCC FinTax is a community for Tax and Finance professionals from GCC to share knowledge, learn and network.

Download Android app   Download IOS app