The GCC VAT treaty | Issued has been saved
The GCC VAT treaty | Issued
The representatives of the Member States of the Gulf Cooperation Council (GCC) confirmed the introduction of a formal VAT system across all six Member States through the signing of the VAT Framework Treaty. The Treaty acts as the basis for the domestic VAT legislation in each Member State by stipulating certain principles, which must be followed by all members, while allowing the countries to opt for different VAT treatments in relation to some supplies.
This document is a bilingual replication of the Unified VAT agreement for the GCC but should not to be relied upon either in Arabic or English version and is provided for information purposes only.