Saudi VAT
Navigating the Gulf: A Guide to VAT in UAE and Saudi Arabia
For businesses operating in the Middle East, understanding Value Added Tax (VAT) in both the United Arab Emirates (UAE) and Saudi Arabia is crucial. While both countries implemented VAT in 2018, key differences exist. Let’s delve into the specifics: VAT Rates: UAE: Boasts a standard rate of 5%, making it a relatively attractive market for businesses. Saudi […]