UAE and Saudi Arabia: New VAT on legal services
The UAE Minister of State for Financial Affairs will implement An additional rate of %5 VAT “Value Added Tax” January 1st, 2018.
By: Jens Liesegang
UAE and Saudi Arabia are set to implement VAT( Value Added Tax) in their jurisdictions.
All IP matters in Saudi Arabia and United Arab Emirates filed as on 1 January 2018 will be subject to VAT, as well as all pending stages for the previous work delegated to us.
VAT is expected to be introduced at a rate of 5% also for legal services like trademark, design or patent matters.
The UAE are planning to implement VAT on 1 January 2018 - other GCC countries may do so at the same time or by 1 January 2019 at the latest.