Kuwait plans to introduce VAT in 2021

The decision by the Supreme GCC Council to implement VAT in the six GCC countries was taken in 2016. Keep up to date with the latest news and developments as they happen with VATlive.

Kuwait is most likely to delay the implementation date for VAT until 2021.


Latest news

Kuwait readies VAT legislation

August 7, 2018

The Kuwaiti government is reported to be reading draft VAT implementation legislation for the national assembly to review in October 2018. This could lead to implementation...

Kuwait delays VAT till 2021

May 15, 2018

Kuwait’s parliamentary committee has said today that the introduction of a 5% VAT regime has been delayed until 2021. The postponement is likely down...

Four Gulf states not ready for VAT till end of 2019

February 15, 2018

The International Monetary Fund (IMF) has declared that the Arab Gulf states of Bahrain, Qatar, Oman and Kuwait will not be prepared for the...

Kuwait may ditch VAT launch

January 11, 2018

Kuwait may consider introducing an alternative to the proposed 5% VAT regime. Kuwait is one of the six Arab Gulf countries which committed in...

VAT causes inflation?

January 6, 2018

As the first two Gulf states, Saudi Arabia and UAE, join this week the other 160-plus countries with a VAT regime, the old objection...

Arab Gulf VAT live today

January 1, 2018

Saudi Arabia and the United Arab Emirates (UAE) have today become the two latest states to impose Value Added Tax on their consumers.  From...

Arab Gulf VAT update

October 30, 2017

The six member states of the Gulf Co-operation Council agreed under the Gulf VAT Treaty this year to introduce 5% VAT as a harmonised, VAT...

Kuwait approves VAT and excise draft laws

August 12, 2017

Kuwait has accepted this week draft implementation laws from the Gulf Cooperation Council (GCC) for new VAT and excise taxes. Kuwait is one of the six...

Gulf ready for VAT?

May 25, 2017

As the six Arab Gulf states prepare for the launch of 5% VAT from 1 January 2018, many questions and concerns remain unaddressed. Legal...

GCC publishes VAT treaty

April 29, 2017

The Gulf Co-operation Council, which incorporates six Arab Gulf States, last week published its VAT Treaty, outlining the proposed January 2018 common VAT regime. ...

Gulf zero-rated VAT supplies

April 23, 2017

The six members of the Gulf Cooperation Council have confirmed the supplies which will be zero-rated for VAT purposes.  This means they will be...

Gulf VAT 7 planning issues

March 27, 2017

From the 1 January 2018, the six Gulf Co-operation Council (GCC) states will implement 5% VAT.  The six countries are: Bahrain; Kuwait; Oman; Qatar;...