Introduction to VAT

The UAE’s Ministry of Finance has announced that they will be looking to implement Value Added Taxation (VAT) by 2018. This course is designed to provide an overview of VAT and is intended for anyone who may be interested in this area.

The content of this course provides a broad understanding of the principles and legal aspects of VAT as implemented in other similar jurisdictions, as well as an understanding of the impacts that implementing VAT will have on businesses in the UAE. Participants are invited to ask questions and to seek clarification as necessary.

The subjects addressed in the course are:

• Introduction to VAT
• Rationale for Imposition
• Taxability
• Exemptions
• Zero Rating
• Administration
• Preparing the business
• Impact

This is a CLPD Accredited Course: 2 Points