Doing business across GCC borders can be profitable—but it complicates VAT compliance. With the UAE and other Gulf countries implementing VAT, inter-Gulf transactions require careful management to stay compliant.
Thanks to the Common VAT Agreement among GCC countries, businesses must understand the rules governing exports, imports, and intra-GCC supplies. Key considerations include the place of supply, application of reverse charge mechanisms, and zero-rating for specific transactions.
At Strategists Consultant, we help UAE businesses manage VAT on cross-border deals effectively. We guide:
- When to apply zero-rating on exports
- How to account for import VAT and claim input credits
- When to apply reverse charge for services received
- Documenting transactions to meet FTA and GCC regulations
Failing to properly handle inter-Gulf VAT can result in double taxation or compliance breaches. Our team ensures your inter-GCC trade is VAT-efficient and fully compliant.
With Strategists Consultant as your tax advisor, you can navigate the complexities of post-FTA VAT rules with confidence.