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Two-Day Training on Value Added Tax (VAT)

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3FOLD Education Centre

Abu Dhabi, Abu Dhabi

United Arab Emirates

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The introduction of VAT in the Gulf Cooperation Council (GCC) member states marks the start of some of the most far-reaching changes in the region since the 1960s.The UAE, Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman have all announced that they are planning to introduce VAT with effect from January 1, 2018, at a rate of 5%.

This specially designed VAT Training program examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time.

This training will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly.


Learning Objectives:

  • Meaning of VAT

  • Understand the concept of VAT and its impact on the economy

  • Understand the impact of VAT on the operational and the financial performance of the business

  • Differentiate Accounting methods concerning VAT

  • Calculate Input VAT and Output VAT

  • Categorize the supplies for VAT calculation

  • Understand the impact of VAT on the Imports and Exports to the member countries (GCC) and non-member countries (rest of the world).

  • Preparation of the invoices including VAT and returns

  • Understand the VAT registration process and prepare required documents for VAT registration

  • Understand VAT administration, fines and penalties related to VAT filing

  • Identify common errors in VAT calculation

Course Title: Value Added Tax – Awareness and Application in UAE

Date: August 18, 2017 and August 25, 2017 (2 Fridays)

Timings: 8:00 AM to 1:00 PM

Location: 104, Al Saqr Tower (Same Bldg of CBI Bank), Corniche Road, Khalidiyah, Abu Dhabi, UAE. (Location Map)​

Workshop Fee: AED 1500

Discounted Fee: AED 1300

Please feel free to contact Ms. Joan Berdin @ 0501036505 for more inquiries.

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3FOLD Education Centre

Abu Dhabi, Abu Dhabi

United Arab Emirates

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