Countries in GCC have taken various tax measures to support the business community during the times of uncertainty created by COVID 19 Pandemic. The measures include reliefs across various taxes such as corporate income tax, Value added tax (VAT), customs, withholding taxes.
A brief summary of such reliefs is in below table,
Article prepared by: Bhawna Chopra – Partner (Tax Advisory)
This document is only for information purposes and should not be construed as advice. It does not necessarily cover each aspect of the topic with which it deals. You should not act upon the contents of this document without receiving formal advice on your particular circumstances. If you would like to discuss any related matters, please drop us an email at info@premier-brains.com or call us at + 971 4 3542959.
“ALWAYS DOING THE RIGHT THING”
United Arab Emirates