PwC | Middle East

Tax and legal services

PwC is the leading provider of tax services worldwide both in terms of the size and scope of our tax practice and our reputation. We lead the debate with tax authorities and governments around the world, changing the way we all think about tax.

VAT in the Middle East

GCC and Egyptian developments and implementation considerations

Doing business guides

An introduction to the tax and legal aspects of doing business in the Middle East

Managing tax

What companies and Governments can do to make tax less taxing in the Middle East

Middle East Tax & Legal news

Stay abreast of latest developments in the region

Front page news

10/04/18

KSA: Amendments to the implementing regulations of the Tax Law

A number of amendments were made to certain articles of the Saudi Arabian (KSA) Income Tax law (“Tax Law”) pursuant to Royal Decree No (M/131) on 29/12/1438 AH (September 20, 2017). Following the publication of this Royal Decree, the Minister of Finance has now issued Ministerial Resolution (“MR”) No. 1727 dated 25/5/1439 AH (February 11, 2018) which provides alignment of the KSA Tax Law with the Tax By-laws or Implementing Regulations. The latest MR is one of a number of important legislative changes made to key fiscal laws in KSA, all of which need to be considered carefully given the recent pro-active approach of the tax authorities with regard to tax compliance in KSA.

08/04/18

France and KSA announce treaty application on royalty

In a recent tax case involving application of the provisions of the Saudi Arabia (KSA) and France double tax treaty, the Preliminary Objection Committee (“PoC”) has ruled in favour of a taxpayer resident in France with regard to application of withholding taxes (“WHT”) on royalties.

05/04/18

UAE Good Conduct Certificate requirement suspended

Effective 1 April 2018 the UAE government has suspended the requirement for applicants to procure a Good Conduct Certificate/Police Clearance Certificate in support of their UAE visa application.

02/04/18

GCC VAT Newsletter - March 2018 Edition

We are pleased to share with you our first edition of the PwC GCC VAT Newsletter. We intend to make this a regular publication aimed at keeping our readers informed on the latest VAT developments in the GCC Region. We hope you find this useful and also welcome your comments and feedback.

30/03/18

Trust and Foundations Laws in the DIFC

On 21 March 2018, the Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum enacted the Trust Law and Foundations Law, superseding the Trust Law 2005. Both of these new laws seek to provide a means for legally robust private wealth management in the Dubai International Financial Center (DIFC).

29/03/18

Common Reporting Standard (CRS) in the GCC

Over 100 jurisdictions have now committed to the Common Reporting Standard – an exchange of financial information between tax authorities. This means a potential flood of financial information will shortly be shared between multiple tax authorities across the globe.

26/03/18

KSA Ministry of Finance circular regarding VAT on government contracts March 2018

On 22 March 2018, the Ministry of Finance in Saudi Arabia issued a circular that clarifies the treatment of VAT on contracts concluded between VAT registered suppliers and government bodies before, on, or after 1 January 2018. The circular emphasises that the VAT treatment depends on the terms of the signed contract/proposal and provides guidance for government bodies and public institutions on how to account for VAT under the KSA budget requirement.

20/03/18

IRS Announces cut off for the Offshore Voluntary Disclosure Program from 28 September 2018

On 13 March 2018 the Internal Revenue Service announced it will close the Offshore Voluntary Disclosure Program (“OVDP”) on 28 September 2018. US citizens, residents and green card holders who have not yet regularised their US tax obligations should take steps to do so before 28 September 2018 if they wish to use the OVDP route.

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Contact us

Dean Kern
Tax and Legal Services Leader
Tel: +971 4 304 3575
Email