His Majesty Sultan Haitham bin Tarik issued two Royal Decrees on Wednesday reading as follows:

Royal Decree No 50/2021 on the ratification of the GCC Unified Agreement on Value Added Tax (VAT), signed on November 27, 2016.

Article  1 ratifies the GCC Unified VAT Agreement in accordance with the version attached to this decree. 

Article 2 instructs the departments concerned to deposit the document of ratifying the aforesaid agreement in accordance with its provisions.

Article 3 states that this decree will be published in the official gazette and enforced on its date of issue. 

Royal Decree No 51/2021 on the ratification of the GCC Unified Agreement on Excise Tax, signed on November 27, 2016.

Article 1 ratifies the GCC Unified Agreement on Excise Tax in accordance with the version attached to this decree. 

Article 2 instructs the departments concerned to deposit the document of ratifying the aforesaid agreement in accordance with its provisions.

Article 3 states that this decree will be published in the official gazette and enforced on its date of issue.