Home / Knowledge Hub / News
Gearing up for VAT
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 onGearing up for VATon May 9that 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!
We are happy to share here our seminar’s tools – an interactiveVAT Readiness Barometerand theGearing up for VAT presentationwhich includes, but not limited to:
•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 contactJohn Peacock.
We are happy to share here our seminar’s tools – an interactiveVAT Readiness Barometerand theGearing up for VAT presentationwhich includes, but not limited to:
•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 contactJohn Peacock.
| Published: | April2017 |
| Practice: | Corporate and M&A |
| Publication: | Seminar 9 April 2017 |
| Authors: | John Peacock |
Related Insights
The KSA Regional Headquarters (RHQ) Program
The Saudi Arabian Vision 2030 is predicated on the development...
The New Companies Law in the Kingdom of Saudi Arabia: What to Expect.
On June 28, 2022, the Saudi Council of Ministers in...
2021 Commercial Companies Law – infusing flexibility and growth into Public Joint Stock Companies
Federal Law No. 2 of 2015 on Commercial Companies (“CCL...
New Law for Family Companies in the UAE
A family-owned business maybe be the oldest form of business...
Raising ownership of UAE company shares to 100%: Rewards and risks
UAE-based Amanat Holdings, a healthcare and education investment company, has...
Business start-ups: Why you should have a SHA
IntroductionAs the UAE continues to attract entrepreneurs and foreign investment...
New CBUAE guidance for licensed financial institutions
Over the past two years, the UAE Central Bank (“CBUAE”)...
UAE Corporate Tax: Transfer Pricing
When the Ministry of Finance (MOF) announced the implementation of...