Kuwait VAT launch April 2021

  • Apr 24, 2019

Kuwait news reports indicate that it plans to implement a 5% VAT regime from 1 April 2021.

The indirect tax is being introduced as the economy seeks to rebalance its reliance on oil revenues. Oil prices have fallen from over $125 to $75 per barrel in the past five years. 

Kuwait is one of the six Arab Gulf states which committed to introducing a common VAT zone in 2017. So far, only Saudi Arabia, UAE and Bahrain have done so. It is expected that Oman will introduce VAT in October 2019.


Kuwait VAT news

Total results : 4
avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/kuwait,avalara:content-tags/location/world/middle-east-and-africa/kuwait
Dec-10-2024

Poland Import VAT deferment - Avalara

avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/kuwait,avalara:content-tags/location/world/middle-east-and-africa/kuwait
Dec-10-2024

Poland VAT e-invoices - Avalara

avalara:content-tags/asset-type/blog-post,avalara:content-tags/tax-type/vat,avalara:content-tags/primary-blog-tags/vatlive/location/africa-and-middle-east/middle-east/kuwait,avalara:content-tags/location/world/middle-east-and-africa/kuwait
Dec-10-2024

Fiscal Representative in Poland - Avalara


Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
VATlive newsletter