ITC Accounting and Tax Consultancy

Q3 2023 - GCC Tax News & Updates

As part of our commitment to keeping you informed about the latest developments in the financial landscape, we are delighted to present our newsletter featuring tax highlights for GCC (Gulf Cooperation Council) countries.

The GCC region is known for its dynamic economic environment, with each country having its own tax regulations and policies. Staying up-to-date with the latest tax updates is essential for businesses and individuals operating in the region.

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: We provide insights into the recent Corporate tax reforms introduced by the respective GCC countries, 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. Our newsletter covers updates on VAT rates, compliance requirements, and important considerations for businesses operating in the region.

Regulatory Changes: Stay ahead of the game by keeping abreast of any regulatory changes impacting the tax landscape. Our newsletter highlights important regulatory updates that may affect your business operations in the GCC countries.

Fill the form to download your copy of the Q3 Newsletter.

Should you have any questions or require further assistance, our team of tax experts is ready to provide guidance tailored to your specific needs.

This article was published on  2 October 2023

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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:

Mr Mudasir Sofi

For any new enquiries, you can contact our Business Development Manager - Mr Mudasir Sofi (+971 52 320 5619)

Mr Mohammed Rooman

If you're an existing client then please contact our Key Account Manager - Mr Mohammed Rooman (+971 52 296 1530)


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