Course Description :

It is known that the UAE VAT has been activated as of 1/1/2018, which requires commercial activities and individuals associated with these activities in the country to register for VAT and apply them in the operations and transactions, Therefore, it requires the establishment of workshops and training courses that will raise awareness, education, and training to the wider community to deal with the VAT
application as stipulated by the laws in the country and avoid any mistakes that may occur as a result of the lack of sufficient information.

The Audience:

• Owners of company’s different department's staff
• Owners of companies
• Entrepreneurs
• University and college students.

Course Contents:

• About tax types
• Mechanism of VAT work
• The impact of VAT on the economy
• The taxable person
• Taxable supply
• Requirements and how to register for VAT
• Reasons and how to cancel the registration
• Input tax
• Output tax
• Place and time of supply subject to VAT
• Reverse tax calculation mechanism
• Explanation of the tax return and submit it at times specified by law
• Fines and penalties for VAT
• Taxable rights and obligations