VAT in GCC countries
The VAT that is value-added tax is charged all over the GCC Countries. It started in 2018 on January 1st and Oman started next year. It was 5% at the beginning in all GCC countries, but Saudi Arabia had increased the rate now to 15%.
Also Read,
- What is VAT rate in Northern Emirates?
- Zero Tax Category in the UAE
- Tax in other countries
- When was the New Tax Law started in UAE?
- How VAT is calculated?
- What about VAT paid to my suppliers?
- Exempted Categories of goods and services
VAT in GCC countries