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.