As part of this current trend, UAE based entrepreneurs and MNCs are increasingly looking into expanding their footprint within Saudi Arabia (KSA). The KSA has the largest market size in the GCC region. Further, it is also expected to also grow significantly in the near future. However, such a dynamic regulatory landscape may reserve unpleasant surprises for businesses. This is especially true for those businesses who are not fully updated on its legislative intricacies. Thus, the Austrian Business Council in cooperation with Advantage Austria Riyadh and Crowe UAE is organizing this virtual information briefing session.
In this webinar Christfoph Pfeifer from the Advantage Austria in Riyadh will share his insights on the current business landscape in the KSA. Thereafter Crowe UAE will provide practical tax aspects for UAE businesses who operate in the KSA.
The details of the webinar are as follows:
Date: 23 March 2022
Time: 7 pm
7:00 pm Opening Remarks – Austrian Business Council, Mr. Werner Baumgartner (ABC Chairman)
7:05 pm The KSA current business landscape – Advantage Austria Riyadh (online), Mr. Christoph Pfeifer M.A. (Der österreichische Wirtschaftsdelegierte in Riyadh)
7:20 pm Tax Related considerations when operating in the KSA:
1. VAT – Crowe UAE, Mr. Michel Ruitenberg (Tax Director):
o Fixed Establishment Risks
o VAT Refund for Foreign Businesses
2. Customs – Crowe UAE – Mr. Michel Ruitenberg (Tax Director) & Mr. Umesh AN (Partner Abu Dhabi Office):
o KSA Rules of Origin
3. Corporate and International Tax – Crowe UAE – Mr. Markus Susilo (Partner) & Mr. Alessandro Valente (International Tax and Transfer Pricing Manager):
o Permanent Establishment risk – based on the UAE-KSA Double Tax Treaty
o Withholding taxes
ABC Member Rate: FREE
ABC Guest Rate: AED 50
Registration and payment:
For registration/ payment please click on the button below.
Please register your attendance until until 22 March 2022.