Saudi Arabia's SEZs (Special Economic Zones) are now subject to a new, comprehensive regulatory framework offering foreign investors incentives such as reduced corporate tax rates, customs exemptions, and streamlined licensing procedures. The initiative, aligned with Vision 2030, aims to attract global investment in sectors including logistics, advanced manufacturing, maritime industries, and digital technologies.
Oman and Qatar are advancing the GCC’s shift toward digital tax administration through new compliance platforms. Oman’s upcoming Fawtara e-invoicing system will introduce structured digital invoicing and real-time transaction monitoring, while Qatar’s Tabadol portal strengthens tax transparency by enabling multinational companies to submit Country-by-Country Reports in line with OECD BEPS standards.
The 2026 UAE VAT amendments introduce a five-year limit on recovering excess input VAT, meaning businesses must review and claim historical VAT credits before they expire.
Get articles and magazines on doing business in Asia sent to you for free.
Sign Up Now
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
Download magazines and guides on doing business.
Download Now