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Value Added Taxation (VAT) - Learners Point Training Institute , Bahrain, Kuwait, Qatar, Saudi Arabia, UAE, Dubai, Abu Dhabi, Sharjah, Fujairah, Online,Kuwait,Oman,Qatar,Saudi Arabia,United Arab Emirates

Wed, 15 Jan 2025 08:49:00 +04

Overview:

Enhance your financial expertise with our VAT Training in Dubai, designed to help professionals understand Value Added Tax (VAT) regulations and their application in business operations. This KHDA-approved course offers 8 hours of comprehensive training, covering VAT principles from production to final sale, making it ideal for professionals in diverse UAE sectors.

Why Choose Our VAT Training in Dubai?

KHDA-Approved Certificate: Gain globally recognized certification.
Comprehensive Training: Learn VAT fundamentals, including taxable supplies, VAT rates, and exemptions.
Flexible Learning: Choose between online and classroom sessions.
Easy Payment Plans: Benefit from flexible instalment options.
Expert Trainers: Learn from industry-leading VAT experts.

What Will You Learn in the VAT UAE Course?

Our Value Added Tax Dubai course covers essential modules to ensure you master VAT principles:

VAT Fundamentals: Understanding taxable goods and services, VAT rates, and tax deductions.
VAT Registration: When and how to register for VAT in Dubai.
VAT Calculations: Master input and output VAT calculations for various transactions.
VAT Compliance: Learn about filing VAT returns, record-keeping, and penalty regulations.
VAT on Imports & Exports: Understand VAT application on cross-border transactions.

Course Modules

Module 1: Fundamentals of Value Added Tax

Introduction to value-added tax
Basic characteristics of taxable supplies-goods and services
Taxable persons
Taxable amount-VAT rates and exemptions
Place of supply-Goods
Place of supply-Services
Deduction and recovery of input tax
Administrative elements of VAT

Module 2: VAT Concept

Concept and motive of VAT
Input and Output VAT
Supplies, Goods, and Services

Module 3: Categories of Supplies

Taxable Supplies
Reduce rated Supplies
Zero-rated Supplies
Exempt Supplies
Zero Rated Vs. Exempt

Module 4: VAT Registration

When to register for VAT?
Who should register for VAT?
Exceptions to VAT registration-when is it not required?
Mandatory vs Volunteer VAT registration
How do you consider the sale of Capital Assets when calculating a VAT threshold?
VAT registration applicability on non-residents
The concept of Group VAT registration

Module 5: Date of Supply Rules

Date of Supply Rules under VAT
What are the special circumstances for the date of supply rules?
For consecutive supplies

Module 6: Place of Supply Rules

How to establish the place of supply of any goods/services
Place of supply of goods
Place of supply of services

Module 7: Value of Supply Rules

Determine the VAT amount under Value of Supply Rules
Value of Supply
Value of Import
Effects of landed cost components and customs duty on VAT

Module 8: VAT Exemptions

VAT considerations for selling exempt items
Impact of VAT exemption on certain industries
Residential buildings
Financial services
Bare land
Local passenger transport
Exemptions and suspension of VAT for imports

Module 9: VAT Calculation

When should VAT be accounted for?
Calculating Input VAT (Purchases)
Calculating Output VAT (Sales, Services, Charitable Contributions, and Gifts)

Module 10: VAT Administration

Filing VAT returns
The timing for VAT Filing
Case Study-VAT return filing
Claim for VAT Refunds

Module 11: VAT Penalties

Late payment penalties
Error penalties
Default interest rate

Module 12: VAT On Imports/ Exports

Calculating output VAT on exports
Calculating input VAT on imports

Module 13: Reverse Charge Mechanism and VAT on Imports

The concept of Reverse Charge Mechanism
Accounting entries in Reverse Charge Mechanism
Tax calculation and reconciliation
The implication of import VAT on shipments
VAT on imports by unregistered persons

Module 14: VAT Invoices and Records

The layout of the VAT invoice
Charging VAT on the invoice price
Keep track of VAT invoices

Module 15: Filing of VAT Return

Data and documentation requirements for the filing of VAT returns
VAT return structure
Understanding the different elements of VAT return
Calculating and adjusting the Reverse Charged VAT
Rightful claiming of input VAT on expenses
Adjustment for the profit margin scheme
Exempt supplies apportionment of expenses
VAT refund application
VAT payment

Why is VAT Training Important?

Understanding Value Added Tax (VAT) is crucial for businesses in Dubai to ensure compliance with local tax regulations. Our VAT UAE course simplifies complex tax laws, ensuring you stay compliant and avoid penalties. This training equips you with skills to manage VAT-related responsibilities effectively, from registration to return filing.

Why Learner’s Point?

KHDA-Approved Training: Internationally recognized certification.
Expert Faculty: Learn from experienced tax professionals.
Flexible Learning Options: Choose between weekday, weekend, and online classes.
Practical Training: Gain real-world VAT application insights.

Testimonials

Sebina Rao, Tax Analyst

"The VAT Training Course transformed my understanding of tax systems. The practical insights and case studies were invaluable. I now confidently navigate VAT in my role as a Tax ;

Habib Rehan, VAT Auditor

"Enrolling in the VAT Training Course was a game-changer. The hands-on assignments simulated real work scenarios, preparing me for the challenges of VAT Administration. I highly recommend ;

Boost Your Career with VAT Expertise

Top companies value professionals with VAT knowledge. This course enhances your credibility and showcases your proficiency in VAT regulations, making you a preferred choice for roles in finance, accounting, and taxation.

Cost: 1200 AED

Discount: 60% Off for Laimoon Users!

Duration: 8 Hours

UAE Corporate Tax - Learners Point Training Institute , Bahrain, Kuwait, Qatar, Saudi Arabia, UAE, Dubai, Abu Dhabi, Sharjah, Fujairah, Online,Kuwait,Oman,Qatar,Saudi Arabia,United Arab Emirates

Sat, 11 Jan 2025 16:15:18 +04

Overview:

Stay ahead in the evolving financial landscape with our UAE Corporate Tax Training. Designed to help professionals and businesses comply with Federal Tax Authority (FTA) regulations, this KHDA-approved course provides a complete understanding of corporate tax administration, collection, and enforcement procedures in the UAE.

Why Choose UAE Corporate Tax Training?

Our UAE Corporate Tax course equips you with essential skills to:

Gain in-depth knowledge of tax regulations and their impact on businesses.
Understand compliance procedures to avoid penalties and ensure adherence to UAE tax laws.
Develop expertise in tax planning, legal frameworks, and risk management.
Enhance your career prospects as a Tax Consultant, Corporate Accountant, or Compliance Specialist.

Course Highlights:

8 Hours of Expert-Led Training: Comprehensive learning with KHDA-approved certification.
12 Detailed Modules: Covering essential areas like tax returns, free zone regulations, and withholding tax.
Practical Learning: Real-world scenarios and hands-on training to build compliance skills.
Flexible Learning: Choose from online or classroom sessions for convenience.
Payment Ease: Flexible instalment plans for easy enrolment.

Course Modules:

Module 1: Overview

What is Corporate Tax?
Why is the UAE introducing CT?
Is the UAE the first country to introduce CT?
When will the UAE CT regime become effective?
Will UAE CT be applicable to businesses in each Emirate?
What will be the role of the Federal Tax Authority?
What will be the role of the Ministry of Finance?

Module 2: Scope and Rate

Who will be subject to UAE CT?
How do you determine whether a legal entity has a “business” that will be within the scope of UAE CT?
How do you determine whether an individual has a “business” that will be within the scope of UAE CT?
How do you determine the business profit/income that will be subject to UAE CT?
What will the UAE CT rates be?
What is meant by “large” multinationals?
Will an individual’s salary income be subject to UAE CT?
Will an individual who has a commercial license to carry out business in the UAE be subject to UAE CT?
Will an individual who invests in UAE real estate be subject to UAE CT?
Will an individual be subject to CT on investment returns?
Will the income earned by a freelance professional be subject to UAE CT?
Will income earned by an individual from bank deposits be subject to UAE CT?
If a business has earned a taxable income of AED 400,000 in a given financial year, what will be the UAE CT amount payable? Will anyone be exempt from UAE CT?

Module 3: Income Exempt from CT

Will any income be exempt from UAE CT?
What is a ‘qualifying’ shareholding?

Module 4: Foreign Persons

Will a foreign company or individual be subject to UAE CT?
Will income earned by a foreign investor be subject to UAE CT?

Module 5: Free Zones

Will a free zone business be subject to UAE CT?
Will a free zone business be required to register and file a CT return?
Will the UAE CT treatment be different for a free zone business established in a financial-free zone?

Module 6: Industry Sectors

Will the oil and gas sector and other extractive industries be subject to the UAE CT regime?
Will the banking sector be subject to the UAE CT regime?
Will the real estate sector be subject to the UAE CT regime?

Module 7: Losses

Will the UAE CT regime allow prior year losses to reduce future taxable income?
Will excess CT losses be allowed to be carried forward and used in future years?
Will a group be able to utilise the tax losses of one group company against the taxable income of another group company?

Module 8: Tax Group

Will a group of UAE companies be able to form a “fiscal unity” for UAE CT purposes?

Module 9: Withholding Tax

What is withholding tax?
What is the withholding tax rate under the UAE CT regime?

Module 10: Tax Credits

Will foreign CT paid on UAE taxable income be recognised under the UAE CT regime?

Module 11: Transfer Pricing

What are transfer pricing rules?
Will transfer pricing rules be applicable to UAE businesses?

Module 12: Administration

Will businesses be required to register for UAE CT purposes? How often will UAE businesses need to file a UAE CT return?
Will the CT return needs to be filed electronically?
Will businesses be required to pay tax in advance?
Are there any consequences for non-compliance under the CT regime?

Why Learner’s Point?

Expert Faculty: Learn from industry professionals with practical expertise in UAE corporate tax laws.
Globally Recognised Certification: Gain a KHDA-approved certification valued across the UAE.
Flexible Learning Modes: Available in Dubai with online and in-person sessions.
Proven Success: Our learners secure top positions in corporate tax compliance roles.

Testimonials

Hameed Raza, Tax Manager

"Completing the UAE Corporate Tax training opened doors to a career as a Tax Manager. The program's depth of knowledge and practical insights have been invaluable to my professional ;

Riyaza Jannat, Corporate Tax Consultant

"As a recent graduate, this training gave me a strong foundation in taxation. I am now working as a Corporate Tax Consultant and helping businesses navigate the UAE tax ;

Cost: 1200 AED

Discount: 50% Off for Laimoon Users!

Duration: 8 Hours

Tally ERP 9 with UAE VAT - Delphi Star Training Centre , Dubai, Abu Dhabi, Muscat, Riyadh,Abu Dhabi,Riyadh,Muscat,United Arab Emirates,Jeddah,Saudi Arabia

Sun, 19 Jan 2020 21:09:53 +04

Course Contents

Basics of Accounting and Fundamentals of Tally
Setting up new company in Tally
Creating Accounts& Inventory Masters
Group and Sub-group creation
Managing Debtors & Creditors
Voucher Entry in Tally
Recording Sales & Purchase
Recording Sales Returns & Purchase Returns
Recording Receipt &Payments
Multilingual Capabilities
Advanced Accounting in Tally
Advanced Inventory in Tally
Job Costing
Job Order Processing
Bank reconciliation
Payroll Accounting and Compliance
Customizing and Printing Reports

Cost: 750 AED

Discount: 20% Off for Laimoon Users!

Duration: 16 To 18 Hours

Introduction to VAT - Majan College , Oman, Muscat

Thu, 16 Nov 2017 09:58:26 +04

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 VAT

Course 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

Cost: 195 OMR

Duration: 1 Days

Certificate in Value Added Tax Implementation - LEORON Professional Development Institute , Dubai

Wed, 04 Oct 2017 10:21:52 +04

The program will provide a thorough understanding of the basic concepts and principles of VAT and how it operates internationally.
When national VAT law of the country where the company is operating is issued, the program will be based on the content of the mentioned law and its secondary legislations.

By attending this highly practical workshop, you will:

Understand the basic concepts and calculation of tax base and rate.
Discuss advantages and disadvantages of the VAT.
Describe VAT mechanism, particularly in respect of output tax and input tax, in such a way that it remains neutral in its application by businesses.
Identify how VAT applies to international transactions of both goods and ;
Explain the impact of exemption in VAT and how tax is calculated by businesses that deal in exempt supplies.

Outline:

Introduction of VAT
»» Agenda
»» Updating on GCC's VAT
Definition and Characteristics of VAT
»» VAT definition
»» VAT mechanism
-- Input VAT
--Output VAT
»» VAT terminology
-- Input VAT
--Output VAT
-- Zero rated
-- Exempt
--Out of scope
»» Advantages and disadvantages of VAT

Scope of the tax
»» Taxable transactions(supply of goods and services)
-- Taxable goods
-- Taxable services
»» Chargeability of VAT
»» Liability for VAT
»» Taxable persons
-- Threshold
»» Place supply of goods and services
»» Time of supply
»» Import transactions
VAT calculation
»» Tax rate
»» Taxable base
Case study: Determining registration date

Exemptions from VAT, Zero rated and Out of scope
»» Exempted activities
»» Exempted goods
-- Local
-- Import
»» Zero rated
--Goods
--Activities
»» Out of scope
Reverse charge and deductibility of VAT
»» Reverse charge
»» Right to deduct
»» Apportionment of Input VAT and Pro-rata (Direct
Allocation, Proportional Deduction)
Case study : Calculation of the rate of recoverability
VAT taxpayers and their obligations
»» Registration
»» Filing obligations
-- Periodical VAT returns
-- Payment of VAT due
--VAT claims
--Non compliance
»» Reporting
--VAT GL accounts
-- Books and records
--VAT Invoices
-- Supporting information for VAT deduction

Special cases of VAT
»» Cash Business
»» Obligations for non residents
»» Jewellery special schemes
»» VAT refund for tourists
»» VAT refund for non resident businessmen
»» VAT refund on transactions made by diplomatic bodies consulates and international organizations
»» Adjustments arising from changed use of goods or services - output tax
VAT Trends and Communication Strategy
»» Lebanon experience

VAT Fraud - Discovery and Reporting

Case study: Exercices and group discussion
Wrap-up and Self test

Cost: 3670 USD

Duration: 2 Days

Accounting for VAT - Convertas , Dubai

Sun, 30 Jul 2017 22:24:52 +04

Basic mechanics of VAT
     - Definition of VAT
     - input and output VAT calculations
Persons and entities subject to VAT
Different types of supply
- Taxable supplies: products and services
     - Exempt supplies outside the scope of VAT
     - Zero-rated supplies
     - Deemed supplies
Place of supply: local versus export
VAT on sales charged on delivery, invoice or payment date
VAT on goods and services received
- Local delivery
     - Imported goods and services
Taxable amount: which amount is subject to VAT
- Discounts and free goods treatment
The party liable to pay VAT

Cost: 2570 USD

Duration: 1 Days