SunTec, the leader in revenue management and customer experience orchestration, today, announced its partnership with Sharjah Islamic Bank (SIB), the national bank of the emirate of Sharjah. Through this affiliation, SunTec will facilitate in computing and invoicing of the newly introduced Value Added Tax for SIB in the Gulf region.Read More…

Value-added Tax (VAT) is an indirect tax applied upon the consumption of most goods and services, levied by VAT registered businesses at each stage in the supply chain. VAT is added to the value of the goods and servicesRead More…

The Saudi General Authority of Zakat and Tax will publish the value-added tax (VAT) draft on its electronic portal within the next two weeks, local media in Saudi Arabia reported on Wednesday. Read More…