A critical success factor for the VAT implementation will be upskilling yourself and your workforce with the right knowledge and skill-set in the coming months. With this in mind, PwC’s Academy, the education and training business of PwC, has designed a suite of fit-for-purpose VAT courses that cover the fundamentals of the new VAT legislation, it’s impact on business and the technical and financial acumen required to manage this change. We offer VAT courses in UAE, KSA and Qatar and these can be customised for in-house training across the GCC.
The introduction of VAT in the GCC has made it imperative for all organisations to understand the main features of the VAT system.
In this course participants will gain a strategic overview of the framework and underlying principles of VAT in the United Arab Emirates.
This course is suitable for directors, department heads, chief financial officers, and entrepreneurs who are trading with companies established in UAE. It will also benefit any individual who works in the finance or tax department of their organisation or is involved in VAT implementation and compliance and wants an understanding of the principles of VAT in the UAE.
Participants will have a clear understanding of key concepts, such as:
An overview of the broader government strategy and objectives with regards to the VAT system
The recent VAT developments
The taxable person
Registration and deregistration requirements
What is a taxable supply and how to establish the taxable value of a supply?
Output and input VAT
Place of supply and date of supply
Compliance and regulatory requirements
The commercial impact of VAT on your business
- Trading Pricing
The business impact of VAT on your business
- VAT implementation considerations
- Registering as a group of companies for VAT
- Contracts –transitional provisions
There are no scheduled dates for this course. Fill out the form to check future dates or deliver the course in-house