VAT on Real Estate Transactions – A Comparative View of Saudi Arabia and the United Arab Emirates

Journal
Author
Vanhee, T.; Thomas, G.
Country
GCC
Published Date
Issue
International VAT Monitor 2018 (Volume 29), No. 6
FormatPDF
EUR
45
| USD
50 (VAT excl.)

On 1 January 2018, Saudi Arabia and the United Arab Emirates introduced VAT. In this article, the authors discuss the VAT regime which has been implemented for the real estate sector in Saudi Arabia and the United Arab Emirates for businesses and individuals, focusing on similarities and differences between the implemented legislation.