Category UAE Law

UAE VAT CLASSIFICATIONS – WHAT IS WHAT?

UAE VAT Classifications

Introduction to UAE VAT Classifications There are four UAE VAT classifications for supplies: Standard, Zero Rated, Exempt, and Out Of Scope Supplies. The Value Added Tax became a reality in the UAE on the 1st January 2018 as introduced by…

WHY IS THE NEW SAUDI CIVIL LAW IMPORTANT?

Saudi Civil Law

Introduction In mid-December 2023, 16 December 2023, the Kingdom of Saudi Arabia witnessed the entry into force of  Cabinet Decision No. 820/1444 (also known as the the Civil Transactions Law or CTL or in this publication Saudi Civil Law), 180…