UAE Tax Update Webinar
Thomas Vanhee
June 4, 2020
On 4 June 2020 we will be organizing our UAE Tax Update Webinar covering the most recent tax updates in the UAE.
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On 4 June 2020 we will be organizing our UAE Tax Update Webinar covering the most recent tax updates in the UAE.
On 27 May we will be organizing our KSA Tax Update Webinar covering the recent 15% VAT rate hike, tax amnesty measures, covid 19 measures and other updates.
In this article the authors discuss common structures which are set up by non-GCC businesses to invest in KSA. Sometimes these structures have as a primary or secondary objective to optimize their overall tax liability in KSA
Less than three years after the introduction of VAT on 1 January 2018, KSA has decided in a surprise move to increase the VAT rate very substantially from 5 to 15%.
Back Read our overview of the tax measures taken in the GCC in relation to COVID19. Our overview may be subject to daily updates. Click
Over supply of oil and under demand due the current economic crisis caused by COVID-19 has led to WTI prices for oil fall below zero as at 21 April 2020. Storage capacity is near full and therefore expensive.
Click here for Aurifer’s quick cash flow tips to increase your liquidity during these uncertain times.
What are offset programs
Offsets are type of arrangements in which the governments procuring from overseas may oblige the suppliers to reinvest some proportion of the contract in their country.
In recent years the Middle East has been investing heavily in Research and Development (R&D). This has resulted in a number of patents being requested and made room for a number of so-called unicorns, like Careem and Jumia.
JBC4 3802, Cluster N, Jumeirah Lakes Towers, Dubai, UAE.
201, 14th floor, Al Sarab Tower, ADGM Square, Abu Dhabi, U.A.E.
Al Anoud Tower L18, Office 1802 King Fahad Road Riyadh Saudi Arabia
Regus Business Centre, Floor No. 2, D Ring Road, Al Mataar, Al Qadeer District, Doha, Qatar
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