GCC countries: Comparison of VAT regimes in Bahrain, Oman, Saudi Arabia, UAE
GCC countries: Comparison of VAT regimes
Gulf Cooperation Council (GCC) countries have announced or instituted value added tax (VAT) regimes.
- 1 January 2018—Saudi Arabia implemented a VAT system using a staggered registration approach.
- 1 January 2018—The UAE implemented VAT.
- 1 January 2019—Bahrain implemented VAT using a staggered registration approach.
- 1 April 2021—The implementation date for VAT in Oman (the implementation date was announced in October 2020).
At present, potential implementation dates of VAT systems in Qatar and Kuwait are not established.
The KPMG member firm in Bahrain has prepared a report that examines and compares the VAT systems in Bahrain, Oman, Saudi Arabia, and the UAE. Read the October 2020 report [PDF 1.1 MB] prepared by the KPMG member firm in Bahrain
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