Contact
Asma SheikhCrowe Horwath - UAE
+97148879058
uae@crowehorwath.ae
Crowe Horwath's Workshop leaders
Markus Susilo, Partner, VAT Service Leader – UAE
Markus Susilo has 10+ years of experience in the financial services industry in the UAE, other GCC countriesand Western Europe. During his career in the western European countries, he has supported companies inmanaging their multi-jurisdictional tax compliances. During his assignment in Austria, he has been involvedin dealing with VAT compliance requirements from the set-up to the ongoing activities, such as filing returnand payment. With the introduction of VAT in the UAE, he has been a regular VAT column contributor toKhaleej Times.
Michel Ruitenberg, Senior Manager – Indirect Tax
He has 6+ years of experience in Indirect Tax in various countries. In his career, he has worked for PwC,Unilever and Crowe Horwath NL in which he has assisted in VAT implementation, registration and advisoryprojects covering all industries. Also, he followed a Master’s degree in Indirect taxation and published severalarticles on VAT in his area of expertise. From August 2017 Michel, has decided to focus on GCC VATimplementation and recently moved to UAE to strengthen the team of Crowe Horwath UAE
Narasimha Das, Associate Partner (Compliance & Legal)
He brings over 30 years of diversified experience in Legal, Compliance, Corporate Governance, RiskManagement & Business Advisory. He is a trained lawyer as well as an in-house legal counsel. His expertiseincludes advising clients in meeting regulatory compliance, negotiations, policy making, structuring &documentations. His role in this engagement will principally relate to advice on regulatory & compliancerequirements.
VAT Risk for trading companies
You are invited to our VAT risk on trading companies in the UAE on Tuesday 31 October 2017.
Overview
The objective of this workshop is to familiarize UAE trading businesses with the concepts and application of theupcoming VAT law in the UAE. During the workshop, practical examples involving movement of goods within thedomestic market and cross-border will be discussed.
It is expected that the participants will be able to start with the impact assessment activities on their business after the completion of this seminar.
Who should attend?
Managing Directors, Partners, Financial Managers, supply chain managers, and legal counsel of trading companies.
Which topics are being covered?
- Basic concepts of VAT as prescribed in the UAE VAT law and the GCC VAT Framework Agreement
- Latest update on VAT in the UAE
- VAT registration procedure
- Tax procedural law
- VAT Implication on Group entities and branches
Agenda
08:30 Breakfast and registration
09:00 VAT - Basic concepts
VAT for goods
- Defination of supply and goods
- Tax due date concept for goods
- Margin scheme concept
- Deemed supply of goods
- Place of supply of goods
- Exempted and zero rated goods.
Workshop leader: Michel Ruitenberg & Markus Susilo
11:30 Coffee Break
11:45 VAT determination for cross-border supply of goods
- Import of goods
- Drop shipment
- Mix supply concept
- Intra-GCC movement
- Distance selling
- E-commerce
- Transitional provisions of supply of goods
Workshop leader: Michel Ruitenberg & Markus Susilo
13:30 Lunch
14:00 VAT implication on group entities and subsidiaries
INCOTERMS and supply of goods
Workshop leader: Narasimha Das
16:00 Coffee Break
16:15 VAT registeration - points of consideration
Workshop leader: Markus Susilo
17:15 Q&A session
17:45 End of workshop
Fee
AED 950/- per person – payable with cheque, bank transfer or cash prior to the event, Seats are limited and we kindly ask you to register at the earliest to uae@crowehorwath.ae. This is a private event and registration is required.