GTL Summary:

Document Type: Tax Law Article
Law: Common VAT Agreement
Article Number: 35
Country: 🏳️ GCC
Location: Chapter 6 - Exceptions
Order: 35
Last updated at: 2025-11-04 11:19:40 UTC

Chapter 6 - Exceptions

Article 35 - Supply of Investment Gold, Silver and Platinum

  1. For the purposes of this Article, Gold, Silver or Platinum shall be considered as an investment when the metal is at a purity level not less than 99% and tradable on the Global Bullion Exchange.

  2. The supply of investment gold, silver and platinum shall be subject to the zero-rate.

  3. The first supply after extraction of gold, silver and platinum shall be subject to the zero-rate.

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