GCC VAT
All GCC (Gulf Cooperation Council) Countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) have agreed to implement VAT and in that direction had unanimously passed the Framework, which is consumption based model for common law. The Framework is binding on all Member States who shall design their own VAT Law within it.
Our experience in GST impact and implementation support in India has helped us in understanding of GCC VAT system. We assist in following services in relation to GCC VAT:
- Impact cum implementation Study covering:
- Impact study on each aspect of business operations and Supply Chain
- Advise on alternate options to optimize benefits under VAT
- Working capital and bottom line impact assessment (profit and loss)
- Impact on pricing of goods and services
- ERP implementation and support
- Management training
- Implementation roadmap and support
- Compliance management
- Advisory and litigation support
- Due diligence/Diagnostic review/Audit support
Invest India Services
Indirect Tax Services
