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Have every GCC countries signed the proposed GCC VAT Framework agreement ?

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Question added by Hamzath Hameed , Finance Manager , BlueLake Insurance Brokers
Date Posted: 2017/03/06
Rana Ali Raza
by Rana Ali Raza , Manager Tax , Ernst & Young

All the GCC countries have signed a unified GCC VAT Framework back in 2016. Now the every GCC member state is in the process of enacting its own VAT law in the light of VAT Framework. Saudi Shura has recently approved draft of KSA VAT law.

Muhammad Naveed Naseer
by Muhammad Naveed Naseer , Group Manager Finance , Meezab Group

Yes, every GCC country has signed GCC VAT Framework Agreement.

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