Contribution by Naseer

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,..
FTA makes it easier for Emiratis to recover VAT on homes
UAE
FTA makes it easier for Emiratis to recover VAT on homes
Naseer on 22 January 2020
The Federal Tax Authority (FTA) has launched a new platform on its website to streamline the process of recovering Value Added Tax (VAT) incurred by UAE citizen..
NBR issues FAQs  on how to calculate the market value for the related party transaction
Bahrain
NBR issues FAQs on how to calculate the market value for the related party transaction
Naseer on 07 January 2020
National Bureau of Revenue (NBR) has issued VAT Technical FAQs on How to calculate the market value on a related party transaction. The FAQs aim to address prac..
 FTA has updated Input Tax Apportionment Special Methods Guide
UAE
FTA has updated Input Tax Apportionment Special Methods Guide
Naseer on 03 January 2020
UAEs Federal Tax Authority (FTA) has released an updated version of Input Tax Apportionment: Special Methods Guide Amendments in the updated version includes..

Gcc

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