Legislation and Guides

Federal Decree Law No. 8 of 2017 – VAT

This Federal Decree Law provided some clarification with regards to the detailed elements of VAT in areas such as: standard rate; supply; registration; concepts of date, place and value; zero rated; exempt supply; input tax; and record keeping. This law …

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Federal Law No. (7) of 2017 on Tax Procedures

This Federal Law established the tax procedures for matters such as: record keeping, communication with the FTA, tax return preparation, voluntary disclosure, tax agents, tax assessments, administrative penalties assessments, tax evasion penalties and dispute resolutions plus more.  This law was …

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GCC – Common VAT Agreement

This agreement was made by the GCC in Riyadh 9-10 December 2015 and sets out the desire to implement VAT across the region and to establish a common legal framework. This agreement was exectued on 27 November 2016. Click here …

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