In 2023, significant tax updates and changes unfolded in the tax landscape across the GCC countries. The GCC region is known for its dynamic economic environment, with each country having its tax regulations and policies. Recognizing the importance of staying informed, here are the major tax updates announced in 2023
In this newsletter, we have curated key tax highlights from across the GCC countries, including Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, Bahrain, and Oman. Our team of tax experts has diligently compiled the most significant updates, ensuring that you have a comprehensive understanding of the tax landscape in the region.
Here’s a sneak peek of what you can expect in this edition:
Recent Corporate Tax Reforms in the UAE: Insights into the recent Corporate tax reforms, highlighting the key changes and their implications for businesses and taxpayers.
VAT Updates: Value Added Tax (VAT) has become a crucial element of the tax framework in the GCC Region. Our newsletter covers updates on VAT rates, compliance requirements, and important considerations for businesses operating in the region.
Regulatory Changes: Understand the regulatory changes that can have an impact on your business operating in the GCC Region.
This article was published on 1 January 2024
Send in your questions or book a consultation session with our Tax Experts to get all your Tax related query answered.
On the occasion of Eid, we will be out of the office but just a call away from you. Please find the contact details below to get in touch with us:
For any new enquiries, you can contact our Business Development Manager - Mr Mudasir Sofi (+971 52 320 5619)
If you're an existing client then please contact our Key Account Manager - Mr Mohammed Rooman (+971 52 296 1530)
How can we assist you today?