VAT Filer automated audit & returns preparation in GCC
We have now extended our VAT Filer submissions product to cover the four of the six Arab Gulf Cooperation Council (GCC) states to have implemented VAT: Saudi Arabia; UAE; Bahrain; and Oman.
Full audit of transactions prior to filing
Our VAT Filer also comes with free use of VAT Auditor, to fully validate sales and purchase transactions against legislation for each country to ensure accurate and deductible before returns submission. This is based on our tax engine, VAT Calculator.
Rapid implementations with major cost savings
Thanks to cutting-edge tooling, we can by-pass expensive pre-sale project work to demonstrate to you the ease with which you can get successfully filing in the Arab Gulf region in days. The compares to the normal months, which upfront costs, of the traditional tech providers.
Implementations can be easily done in under two months:
- Data mapping and majority of the implementation completed;
- Integration work if required (e.g. SAP extractor); and
- Business decision on licensing VAT Filer.
If you want to automate your Arab Gulf or any country filings, would like to know how this could work for you now, then contact us for more insight.
Gulf States VAT compliance obligations
Below is the full GCC VAT summary table, including the four VAT-implementing states – there the two pending adopters (Qatar and Kuwait):
Here’s the refined table showing only the four Arab Gulf countries that have implemented VAT — UAE, Saudi Arabia, Bahrain, and Oman:
|
Country |
VAT go-live |
Standard rate |
Mandatory VAT registration threshold |
Typical VAT return frequency & deadlines |
|---|---|---|---|---|
|
United Arab Emirates |
1 Jan 2018 |
5% |
AED 375,000(voluntary: AED 187,500) |
Quarterly if annual taxable supplies < AED 150 million; Monthly if ≥ AED 150 million. Returns due within 28 daysafter period end via EMARATAX. |
|
Saudi Arabia (KSA) |
1 Jan 2018 (rate ↑ to 15% on 1 Jul 2020) |
15% |
SAR 375,000(voluntary: SAR 187,500) |
Monthly if annual supplies > SAR 40 million; Quarterly if ≤ SAR 40 million. Returns due by the last day of the following month. |
|
Bahrain |
1 Jan 2019 (rate ↑ to 10% on 1 Jan 2022) |
10% |
BHD 37,500(voluntary: BHD 18,750) |
Monthly or quarterly depending on NBR assignment (most SMEs quarterly). Filed online. |
|
Oman |
16 Apr 2021 |
5% |
OMR 38,500(voluntary: OMR 19,250) |
Quarterly, due within 30 days after quarter end via OTA portal. |
