In 2018, the UAE and Saudi Arabia implemented the Value Added Tax (VAT). Bahrain followed in January 2019. The implementation has challenged many companies in the region to adapt their accounting practices to meet the requirements of the VAT regime.For both companies and the tax authorities alike, VAT is a very new experience. Given that there is a lack of literature and precedent on VAT matters in the GCC countries, companies and the tax authorities will have obvious challenges in determining and assessing VAT. Our VAT specialists, lawyers and tax consultants at GERMELA DELTAKAP with extensive experience in dealing with VAT in different jurisdictions worldwide are able to provide you with advice in all aspects of VAT.

Our Expert

Dr. Thomas Wülfing

President and Founding Partner
Hamburg, Berlin, Munich