John Peacock, Senior Associate at BSA Ahmad Bin Hezeem & Associates LLP and Kelvin Tayfield, Managing Director of The VAT Services Group held a comprehensive seminar on Gearing up for VAT on May 9th at the InterContinental Dubai Marina. The implementation of VAT is no longer just a buzz – it is a reality from the 1st of January 2018. As this is a first in the GCC, many businesses do not have a comprehensive understanding of how it will impact on their overall business. This was even more so proved by a very active Q&A session that concluded our VAT seminar!
•How VAT works
•Registration under the VAT system – VAT thresholds
•What is a “zero rated” entity
•Input VAT and Output VAT
•What management and operational systems should be put in place
•Necessity for training
•What legal aspects should be analyzed and taken into consideration
Time is running out – let us assist you in getting ready. For more information on how we can do that, including VAT training for your responsible personnel, please contact John Peacock.
|Practice:||Corporate and M&A|
|Publication:||Seminar 9 April 2017|