3FOLD Education Centre is proud to present the Value Added Tax - Awareness and Application in UAE on August 18 & August 25, 2017 (2 Fridays) from 8:00 AM to 1:00 PM GST in Abu Dhabi

The introduction of VAT in the Gulf Cooperation Council (GCC) member states marks the start of some of the most far-reaching changes in the region since the 1960s.The UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman have all announced that they are planning to introduce VAT with effect from January 1, 2018, at a rate of 5%.  

This specially designed VAT Training program examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time.

This seminar will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly. 

Learning Objectives:

• Meaning of VAT 
• Understand the concept of VAT and its impact on the economy
• Understand the impact of VAT on the operational and the financial performance of the business
• Differentiate Accounting methods concerning VAT
• Calculate Input VAT and Output VAT                                                  
• Categorize the supplies for VAT calculation
• Understand the impact of VAT on the Imports and Exports to the member countries (GCC) and non-member countries (rest of the world).
• Preparation of the invoices including VAT and returns
• Understand the VAT registration process and prepare required documents for VAT registration
• Understand VAT administration, fines and penalties related to VAT filing
• Identify common errors in VAT calculation                    

Who Should attend?

• CFO’s 
• CEO’s
• Entrepreneurs
• IT Managers
• Finance Managers
• HR Managers
• Internal Auditors
• Accountants
• Auditors
• Tax Consultants
• Cost and Budgeting Managers
• Sales Managers 
• Procurement Managers
• Payable / Receivable
• HR

 Workshop Fee: AED 1300

Kindly confirm your attendance to facilitate the organization of the event. Please extend the invite to your friends and colleagues who might be interested to attend.

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