The Zakat, Tax and Customs Authority (ZATCA) issued in May 2026 the third edition of the General VAT Guideline, reflecting clarifications related to the latest updates and amendments introduced recently to the VAT Implementing Regulations. The clarifications mainly relate to: Group Registration Deregistration Taxable supply Nominal Supply Tax Invoice requirements Electronic Invoices Restricted Motor Vehicles Correction of […]

The Saudi Arabia has issued the Executive Regulations of the Law on Foreign Ownership of Real Estate, introducing a 2% fee on the value of a non-Saudi’s disposal of real rights over real estate located in Riyadh, Makkah, Madinah, and Jeddah. Highlights A 2% fee applies to the sale of real estate or the disposal […]

Procedural and Compliance Updates Under Cabinet Decision No. 17 of 2026 Background The UAE Federal Tax Authority (FTA) has activated the registration process for entities within the scope of the OECD’s Pillar Two Global Minimum Tax rules through the EmaraTax portal. This marks another significant step in the UAE’s implementation of the Pillar Two framework […]

Procedural and Compliance Updates Under Cabinet Decision No. 17 of 2026 Background Effective 1 April 2026, the UAE has implemented key updates to its tax procedural framework. These changes were introduced via Cabinet Decision No. 17 of 2026, which was issued on 23 March 2026 to amend the existing Executive Regulations (Cabinet Decision No. 74 […]

A major update on OECD Pillar Two implementation has been announced with the release of the Pillar Two Side-by-Side Package by the OECD/G20 Inclusive Framework. This package addresses the needs of businesses and tax administrations by reducing complexity and enhancing clarity regarding the Global Minimum Tax (GMT) for multinational enterprises. It includes a series of […]

ZATCA has published a comprehensive VAT guideline explaining the provisions newly added to article 47 of the VAT regulations with respect to the deemed suppliers in the online marketplaces. The guideline aims to clarify the VAT treatment/provision related to E-Commerce (online market place) according to Article 9 of the VAT law and Article 47 of […]

Kuwait Issues Executive Regulations on Pillar Two Following the issuance of Decree-Law No. 157 of 2024, which introduced a Domestic Minimum Top-up Tax (DMTT) regime in line with the OECD’s Pillar Two framework, the Kuwaiti Ministry of Finance (MOF) has now released the long-anticipated Executive Regulations through Ministerial Decree No. 55 of 2025, dated 29 […]

The Zakat, Tax and Customs Authority (ZATCA) has announced the issuance of a resolution by the Minister of Finance extending the validity of the financial penalties waiver initiative. The initiative aims to support taxpayers by exempting them from various penalties under all applicable tax laws, effective from 1 July 2025 until 31 December 2025. The […]

The Ministry of Municipal and Rural Affairs and Housing has introduced significant amendments to the White Land Tax (WLT) Law. These changes are designed to increase land development, optimize urban expansion, and address the shortage in residential supply. This Tax Alert provides a comparative overview of the key changes under the New Law versus the […]

Zakat, Tax and Customs Authority has formally published amendments to the VAT Implementing Regulations in the Umm Al Qura Gazette available in Arabic language. These updates aim to improve tax administration, clarify VAT interpretations, and ease compliance for businesses. Given their significance, the amendments require prompt compliance assessment and action from affected sectors.The new regulation […]