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Steps have been taken to achieve economic citizenship
Steps have been taken to achieve economic citizenship
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Steps have been taken to achieve economic citizenship
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VIII. Tax Treatment
I. Movement and residence
II. Working at the government and private sectors
III. Social insurance and pension
IV. Engagement in all professions and crafts
V. Engagement in economic, investment and service activities
VI. Real Estate Ownership
VII. Movement of Capitals
VIII. Tax Treatment
Currently selected
IX. Stock Ownership and Formation of Corporations
X. Education, Health and Social Services
The Supreme Council’s resolution (December 1988) provided for equal tax treatment of the GCC nationals in all member States when engaged in the economic activities, professions and crafts. The said resolution provided that “ with effect from 1 March 1989, equal tax treatment shall be accorded to the GCC nationals engaged in the allowed economic activities, including professions and crafts, in the host Member State pursuant to the provisions of the Economic Agreement and the Supreme Council’s resolutions, without prejudice to any better tax benefits accorded to the GCC nationals by any Member State.”. All Member States have issued implementing directives to this effect.