1 February 2022
Qatar has recently announced that it plans to finally introduce VAT at 5% during 2022 but has not provided an exact date. Kuwait has also confirmed it will follow Qatar by introducing VAT from 1 January 2023.
Qatar and Kuwait are part of the six-country Gulf Cooperation Council (GCC), which have all agreed to implement a harmonised VAT regime of 5%. The GCC countries consist of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
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