This issue is filled with great insights and expert commentary on areas that are relevant to the legal landscape and highlight how the business community is embracing technology, media and telecommunications. There are various topics covered, from new ways of working and digital transformation in the finance sector to data protection regulatory updates and guidance. We also have a series of articles that focus on e-commerce across a number of jurisdictions.
You will also find insights from our lawyers around real estate analytics, tech trends, and data centres.
We hope this edition of Law Update provides some useful food for thought – enjoy the read!Take a read of the edition
Following the issue of the final VAT law on 28 July 2017, the Kingdom of Saudi Arabia has published its final VAT implementing regulations.
As KSA has now issued the full VAT legislation, which comprises the law and the regulations, businesses have the complete set of information necessary in order to analyse the VAT implications for their operations, people, processes, contracts and IT systems and to prepare before 1 January 2018.
The key features of the KSA VAT regulations are as follows:
With less than 4 months left until VAT is implemented in KSA, Al Tamimi will be happy to undertake a VAT impact assessment to help you understand the impact of VAT on your business and to enable you to comply with your VAT obligations.
If you have any questions on the above or require any assistance with VAT implementation, please do not hesitate to contact us.
Shiraz Khan, Senior Tax Advisor, Al Tamimi & Company
Ahmed Ibrahim, Partner & Head of Equity Markets, Al Tamimi & Company
Grahame Nelson, Partner, Head of Office – Riyadh