An Early Assessment of the Possible Impact VAT May Have on Your Transactions
and GCC Trade
Value Added Tax (VAT) Compliance
10 – 11 September 2017 in Dubai, United Arab Emirates
Dear Leaders,
Workshop Overview:
The GCC Member States are in the process of approving the long anticipated
common framework for the introduction of a Value Added Tax (VAT) system in the
GCC. The common VAT framework will form the basis for the introduction of a
national VAT system by each Member State.
While there are a number of challenges that still need to be addressed before
it is introduced, VAT will help governments to deliver on long-standing plans
for economic diversification away from oil, while still being able to deliver
social and economic programmes.
VAT is expected to be introduced at a rate of 5% with some limited exceptions
including basic food items, healthcare and education. The UAE are planning to
implement on 1 January 2018 - other GCC countries may do so at the same time or
by 1 January 2019 at the latest.
Businesses in the UAE (and GCC) should start planning now how the changes could
impact their business, to ensure a smooth transition. This course will help you
achieve exactly that.
Some of the Topics to be Discussed:
· Identify the Difference Categories of Supply
o Taxable Supplies
o Zero Rated Supplies
o Exempt Supplies
o Zero Rated Vs. Exempt
· Dealing with VAT Computations
o When should VAT be accounted For?
o Calculating Input VAT
o Calculating Output VAT
· VAT Administration
· VAT on Cross- Border Transactions
Enquiry and Registration:
For more information and registration, do send an email to
[email protected] with the following subject title:
Dubai Session: VAT-DBX
For any other inquiries, please do not hesitate to contact Catherine at +65
6825 9599 / +65 8748 8871 (whatsapp only) or email at
[email protected]
Other upcoming programs that you might be interested:
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17 – 18 July 2017 in Kuala Lumpur, Malaysia
16 – 17 August 2017 in Dubai, UAE
Inspiring Leadership
20 – 21 July 2017 in Kuala Lumpur, Malaysia
Advance Rolling Forecasts and Budgets
20 – 21 July 2017 in Kuala Lumpur, Malaysia
24 – 25 July 2017 in Dubai, UAE
Redefining Human Resource Through Gamification
27 – 28 July 2017 in Bangkok, Thailand
30 – 31 July 2017 in Dubai, UAE
EPC and EPCIC Contracts Masterclass
2 – 4 August 2017 in Kuala Lumpur, Malaysia
22 – 24 August 2017 in Dubai, UAE
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