PREPARING FOR VAT IMPLEMENTATION IN UAE

PREPARING FOR VAT IMPLEMENTATION IN UAE

With the announcement of VAT being implemented in the GCC, countries are on a limited timeline to prepare for the first phase of VAT implementation by 1 January, 2018. As a result of this, a number of GCC countries have already made substantial progress on preparing their tax administration systems and focusing to develop their business community in preparation for VAT.
As such, join us at the VAT training program set to place in Dubai on Tuesday, 7th February,2017 and gain clarity on the commercial issues surrounding VAT.

By the end of this course, participants will have a greater understanding of:

Key Outcomes:

The systems and procedures of VAT calculations and VAT accounting
What will be Output and Input VAT?
An understanding on the applicable rates of VAT (standard, zero), goods and services that will be taxable
Exemptions on goods and services and the effects of being an exempt business
Rules for businesses making both taxable and exempt supplies under Partial exemption
Effects of VAT in import and export, acquisitions of services from non-residents, intra-GCC supplies, and the determination of the place of supply of goods and services
Commercial inferences of VAT on businesses
Human Resource requirements
VAT registration
How and when to account for VAT
How to record VAT within an accounting system
VAT documentation
Submission of VAT returns

Who should attend?

Finance and accounting professionals to attain a clear insight into the impact and workings of VAT. All business owners, CEO, CFO, Finance managers and accounts staff will get insights for preparing their business as VAT is introduced throughout the GCC region.
Date : Tuesday, 7th February 2017
Location : Dubai
Time : 09:00 AM To 05:00 PM

For any assistance, Contact us:
Ms. Sharon Tanna
Direct : +971 4 327 7775 Extn: 183
Email : sharon.t@hlbhamt.com

Mobile:
+971 50 677 5860

Phone:
+971 4 327 7775

Fax:
+971 4 327 7677

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