Course details
The course is designed to provide participants with a framework of the most important value added tax (VAT) principles and issues that anyone dealing with VAT in the GCC is confronted with and needs to know. At the end of the course, participants will be able to understand how GCC VAT works, to whom it applies, how to comply with the administrative obligations related to it and how to mitigate any risks deriving from the implementation of GCC VATCourse syllabus
The mechanics of a VAT system
Output and input VAT
What is a taxable supply?
How is a transaction valued for VAT purposes?
Place and time of supply
Documentation and record keeping requirements
Essential knowledge on VAT compliance Updated on 24 January, 2018
Eligibility / Requirements
Basic knowledge of accounting and finance is required.
Course Location
About Majan College
Majan College is the first private college in the Sultanate of Oman. Established in 1995 by Royal Decree, the Oman Chamber of Commerce and Industry played a major role in the formation of the College which was known at the time as the College of Administrative Sciences. The College is located on a single campus in Darsait which is home to a multi-cultural academic community with more than a hundred multiethnic staff from various countries and a student population of over 1800. Majan is an accredited college of the University of Bedfordshire, UK and operates under the supervision of the Ministry of Higher Education, Oman. It offers undergraduate and post graduate degrees in Business Management, Finance, Accounting, Marketing, Computing and Information Technology and English Language through full-time and part-time modes of study.
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