VAT in Oman

VAT Groups under UAE Law Aviaanaaccounting

Value Added Tax is an indirect tax on the consumption of goods and services i.e it is a tax on the value added at every stage of production right from the manufacturer till the ultimate consumer. Since this is a tax on consumption, it will contribute a major part of the revenue of the Government.

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How price will be charged after VAT in Bahrain

The six Arab Gulf states that are a part of the member states of the Gulf Cooperation Council agreed to implement VAT in each of its six member states in 2016. This comes as a result to help the GCC countries to help countries cope with the oil price collapse and recession that ensued and

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All about VAT Audit in Bahrain

The Cooperation council for the Arab States of the Gulf also known as the Gulf Cooperation Council (GCC) originally is a regional union with treaty signed on the 25 th of May, 1981 consisting of six Arab states namely, Bahrain, Kuwait, Oman, Qatar, UAE and the Kingdom of Saudi Arabia. Headquartered in Riyadh, Saudi Arabia,

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