GCC VAT Recovery: “I Wanna Make Sure You’re Ready”

The GCC VAT regimes in Saudi Arabia, the United Arab Emirates and especially Bahrain are still relatively new, and businesses are still in the process of coming to grips with them. In this article, the authors analyse various options that may be available to enhance the VAT (recovery) position of holding companies in these countries taking into account case law of the Court of Justice of the European Union.