TFS Gulf
  • All categories
    • inPractice
    • Entrepreneur Story
    • Finance Leaders
    • Videos
TheFinanceStory
No Result
View All Result
  • Login
  • Register
  TFS Gulf
  • All categories
    • inPractice
    • Entrepreneur Story
    • Finance Leaders
    • Videos
The finance story
No Result
View All Result
  • Login
  • Register
The Finance Story
No Result
View All Result

What opportunities does Saudi Arabia, Egypt, Qatar, Bahrain, and the UAE have for Tax Professionals?

Discover the opportunities available for tax professionals in Saudi Arabia, Egypt, Qatar, Bahrain, and UAE. Gain valuable insights from leading tax expert and Associate Tax Partner at WTS Dhruva.

Preeti Mondal by Preeti Mondal
Published date: 13th June, 2023
Last edited date: 13th June, 2023
SHARE (0)
What opportunities does Saudi Arabia, Egypt, Qatar, Bahrain, and the UAE have for Tax Professionals?
Share on FacebookShare on Twitter
  • Corporate Tax has become effective in the UAE from June 1st, 2023.
  • This development has piqued the interest of many job seekers who are looking to build their careers in tax, particularly in the Gulf Cooperation Council (GCC) region.
  • We had the opportunity to speak with Hany Elnaggar, a leading tax expert and Associate Tax Partner at WTS Dhruva, in the Middle East and GCC region.
  • He discusses the complexities in the Tax Systems of Saudi Arabia, UAE, Egypt, Qatar, Bahrain, and the respective opportunities for Tax Professionals.

1. Saudi Arabia

When I moved to Saudi Arabia in 2013, taxes were present but they were not as complicated as they are now.

Over the years, numerous changes have occurred, including the implementation of international tax aspects, regulations, circulars, and the introduction of VAT.

In the beginning, many people in Saudi Arabia were unfamiliar with these tax concepts.

However, today, we can see a significant number of Saudi candidates working in the tax domain and performing exceptionally well.

The market for tax professionals in Saudi Arabia has become more stable, with senior tax advisors being in high demand.

Consultants are in demand as well.

2. UAE

Even during the implementation of Value Added Tax (VAT) in the UAE over the past five years, there was a lack of prior experience in this new tax system.

Many professionals from other countries joined the UAE workforce, and now, after more than five years, we have become highly skilled in this area.

The introduction of Corporate Tax will create a significant demand for professionals in advisory, compliance, and litigation roles, at least for the next three years.

It’s crucial to possess the necessary capabilities, be open to challenges, think differently, and have good listening skills.

In a conversation with Hany Elnaggar regarding the Tax Opportunities in UAE.
In a conversation with Hany Elnaggar regarding the Tax Opportunities in UAE.

3. Egypt

The tax landscape in Egypt is renowned for its complexity, similar to India.

When comparing different countries in the Middle East, I would rank Egypt as the most complex, followed by Jordan.

4. Qatar

Similar to other countries, Qatar also has its own complexities when it comes to taxes.

However, it is relatively stable in terms of hiring, and it is rare to find job openings specifically for tax professionals.

5. Bahrain

In Bahrain, only VAT is currently applicable. However, it is highly likely that Corporate Tax will be implemented within the next two years.

The tax field is extremely competitive in the GCC region, and the opportunities are vast.

It is essential to have the right attitude and enthusiasm to learn if you are considering moving to Bahrain as a Tax Professional.

In conclusion, if you are a tax professional with a solid background and have the willingness to tackle any challenges, there should be no issue in working in any country, given the right opportunities and circumstances.

Preeti Mondal

Preeti Mondal

Recommended for you

Ex-PwC Dubai Director quit to build GCC’s Fastest Growing Tax Firms
Dubai

Quit PwC Dubai to join boutique tax firm. Bet pays off – Dhruva winning in Middle East

30th July, 2025 | 9 mins read
Saudi's $500Bn ‘Line’ Project under review as costs surge
News

Saudi’s $500Bn Megacity Project under review: McKinsey in spotlight

22nd July, 2025 | 3 mins read
Grant Thornton Germany for sale... GT US vs UK in a Bidding War
Big 10

Grant Thornton Germany for sale… GT US vs UK in a Bidding War

12th July, 2025 | 3 mins read
Italy approves 500,000 blue-collar visas
Cross Border

Italy approves 500,000 blue-collar visas. Big push to hire Non-EU workers

6th July, 2025 | 3 mins read
Germany’s job crisis, over 100,000 jobs lost
Cross Border

Germany job market in crisis: Over 100,000 jobs lost, EY analysis

8th June, 2025 | 4 mins read
Deloitte to add hundreds of tech jobs across the UK, over the next 3 years.
News

Deloitte to add hundreds of tech jobs in UK

25th May, 2025 | 2 mins read
Next Post
Will there be a demand for Outsourced Services in the UAE, with the implementation of Corporate Tax?

Will there be a demand for Outsourced Services in the UAE, with the implementation of Corporate Tax?

Start conversation Cancel reply

Your email address will not be published. Required fields are marked *

Popular posts

  • KPMG Partner quits and goes Boutique with high end advisory firm: Now has 5+ offices & 75+ team

    KPMG Partner quits and goes Boutique with high end advisory firm: Now has 5+ offices & 75+ team

    0 shares
    Share 0 Tweet 0
  • Big 4 firms in India: Inside Deloitte, PwC, EY & KPMG career prospects, growth and salaries

    0 shares
    Share 0 Tweet 0
  • Designations in HDFC Bank: From Joining as an Assistant Manager to climbing to the rank of Managing Director.

    80 shares
    Share 0 Tweet 0
  • Big 4 India Partners jumping from one firm to another: High alert as Partner poaching surges

    0 shares
    Share 0 Tweet 0
  • CA Firms Kirtane & Pandit, Guru & Jana, SSKM unite to build India’s Next Big Global Consulting Firm

    0 shares
    Share 0 Tweet 0
  • Hierarchy level in ICICI Bank: Thinking of joining ICICI Bank? Here’s an overview of the employee grades.

    175 shares
    Share 0 Tweet 0
  • ICAI Under Fire: Women Removed from Front Row at CA Students’ Conference Following Guest’s Demand

    0 shares
    Share 0 Tweet 0
  • EY, PwC, Deloitte surpass 3,300 Partners. EY added 1000+ new Partners

    0 shares
    Share 0 Tweet 0
  • UK firm outsourced accounting work to India but quality dropped: Now established his own offshore unit

    0 shares
    Share 0 Tweet 0
  • Deloitte India offers ‘Golden Handshake’ to senior Partners aged 55 & above. Plans to elevate young partners.

    0 shares
    Share 0 Tweet 0
The Finance Story

The Finance Story empowers finance professionals—CFOs, consultants, accountants, tax experts, and bankers—to navigate critical market shifts, industry disruptions, and emerging technologies & trends.

How? We spotlight key opportunities in India and globally, equipping finance professionals with the insights and strategies to drive business growth, optimize decision-making, and position their companies at the forefront

Quick Links

  • Finance
  • Partners
  • Privacy and Policy
  • Terms of use

Follow us

  • /TheFinanceStory
  • @TheFinanceStory
  • /TheFinanceStory
  • @thefinancestory_com
  • TheFinanceStory

© 2022. The Finance Story. All Rights Reserved.

No Result
View All Result
  • TFS Gulf
  • Entrepreneur Story
  • Finance Leaders
  • Videos
  • Login
  • Sign Up

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies to personalize your experience. By continuing to visit this website you agree to our use of cookies.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
Book 1:1 call with industry expert