Resources for the UAE tax, treasury and senior finance markets, covering the most relevant subjects and themes in these niches. These include market insights, career advice, salary guides and more.
How will the introduction of VAT in the GCC countries affect hiring trends?
The six countries of the Gulf Co-operation Council (GCC) are expected to introduce VAT next year. Traditionally Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates have enjoyed ‘no tax’ or ‘low tax’ regimes with obvious advantages to expatriates. Although the initial VAT rate is set at only 5%, there are suggestions – […]