Oman officially implemented Value Added Tax (VAT) on April 16, 2021, becoming the fourth GCC country to do so. Since then, businesses operating in Oman are required to understand and comply with the VAT law regulated by the Tax Authority (TA) of Oman. At BMS Auditing, we provide comprehensive VAT services to help businesses achieve full compliance
In line with the GCC VAT framework agreement, Bahrain introduced Value Added Tax (VAT) in 2019 to diversify its economy and generate sustainable revenue. Whether you’re a local company or an international entity operating in Bahrain, understanding your VAT obligations is essential for legal compliance and smooth business operations. At BMS Audit
Saudi Arabia introduced Value Added Tax (VAT) in 2018 as part of the country’s economic diversification plan under Vision 2030. Since then, businesses operating in the Kingdom must comply with the VAT regulations set by the Zakat, Tax and Customs Authority (ZATCA). At BMS Auditing, we help businesses navigate the VAT system smoothly and stay comp
Since the implementation of Value Added Tax (VAT) in the UAE on January 1, 2018, businesses across the country have had to navigate new regulatory landscapes. At BMS Auditing, we understand that VAT compliance is not just a legal obligation—it’s a critical part of maintaining financial transparency and avoiding penalties. Here's everything you