Contribution by Naseer

PoA : New development in the VAT refund Form for New Residence
UAE
PoA : New development in the VAT refund Form for New Residence
Naseer 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
Naseer 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
Naseer 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
Naseer 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
Naseer 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
Naseer 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..
Bahrain releases further information on Annual VAT Filing
Bahrain
Bahrain releases further information on Annual VAT Filing
Naseer on 25 March 2020
BahrainsNational Bureau for Revenue (NBR) has published further information on the filing of annual VAT return including who may apply to file annually and the ..
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
Naseer 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..
VAT On Director's Services
UAE
VAT On Director's Services
Naseer on 17 February 2020
How do we account for VAT on directors services in case the director is providing services to UAE based entity but is a resident outside UAE? ..
 FTA releases a form for tax agents to make amendments
UAE
FTA releases a form for tax agents to make amendments
Naseer on 05 February 2020
FTA has released a form assisting tax agents in making amendment to the following details: 1) Log data in the portal - username, email address, phone number,..

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