Course details
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 Updated on 03 July, 2019
Course Location
About Galaxy Computer Education
Welcome to Galaxy Computer Education & Training Institute
We are one of the leading computer institutes in Abu Dhabi established in 1992.
Approved by ACTVET (Abu Dhabi Center for Technical Vocational Education & Training).
Our mission is to work effectively towards enhancing skills and knowledge utilizing the existing educational and training courses to provide the needs of the job market in the Emirates of Abu Dhabi. To serve the private and government sectors in the fields of training and education through highly qualified trainers is our vision. Trust, commitment, smart technology, accountability and highly qualified staff are our core values.
We are a group of three different companies, incorporated in three different corners of our planet to serve the same technology. Galaxy Infotech Corporation (GICorp), incorporated in Florida, USA, which has its branch office in Abu Dhabi, Galaxy Computer Education (GCE), established in Abu Dhabi as well as in Dubai, and Info Galaxy Technopark (IGTech), established in South Indian costal city of Calicut, India. Our staff is comprised of computer and educational professionals. Our goal is to provide quality, easy to use technical and training services in a highly comprehen sible format.
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