UPDATE: Kuwait delays VAT until 2021

6 June 2018

Kuwait has recently announced that it will delay the introduction of Value Added Tax (VAT) until 2021.

Kuwait is part of the six-country Gulf Cooperation Council (“GCC”) and all of these countries had agreed to implement a harmonised VAT regime of 5% by 2018. The GCC countries consist of Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.