Some GCC states have announced their intention to implement VAT as early as 1 January 2018. Companies need to ensure they take action now to prepare. A wide range of business operations and services may need to be addressed.
An announced start date of 1 January 2018 may seem a long way off but our experience in countries including Australia, Singapore and Malaysia suggests this is a tight timeframe within which to prepare your business. You should be starting this journey now.
In our roadmap: