VAT Training هذه الدورة تدرس باللغة الإنجليزية

تفاصيل الدورة

What are goods and services subject to VAT?

It is expected that VAT will not be levied on spending related to healthcare, education, 100 other essential items, local transportation, residential real estate, including long term leases on residential properties according to earlier reports.

Course Outline

Basic of Taxations
Understand the theory behind the taxation
Early Taxation in UAE

Concepts of VAT

Understand the history, basic concept of VAT
Differences between the VAT, GST and Sales Tax
Advantages and disadvantages of VAT
Vat rates all over the world
Group VAT and how it works

VAT history and updates in the UAE as of date

Reason behind VAT implementation
Impact of VAT on UAE Economy
Why VAT in UAE is different?
GCC VAT Framework

VAT Administration & Calculations

Definitions of terms
Differentiate Input VAT and Output VAT
Categorize the supplies for VAT calculation
Understand the impact of VAT on the each major industries to GCC region Prepare the invoices including VAT and documentation requirements
VAT on Import & Export Business
Understand the VAT registration process and prepare required documents for
How to prepare for the VAT (detailed concepts)
Case Studies تحديث بتاريخ 03 July, 2019