1. VAT rate increase

Starting in January 2025, Value-Added Tax (VAT) rate will rise from 11% to 12%. The increase applies ONLY to classified luxurious goods. Other than the classification, the VAT rate remains the same (11%). If you want to know the details of the classified luxurious goods affected by 12% VAT, please reply or contact

  
2. Tax Payment Deadline Extension

Starting in January 2025, Deadlines for withholding taxes (WHT) Articles 21, 23, 26, and 4(2) will shift from the 10th to the 15th of the following month.

Don’t wait for the taxman to knock on your door! Reach out to us today, and let’s make sure you’re ready for the changes. Together, we can navigate this new landscape and keep your business thriving!