Certified UAE VAT Compliance Course

Overview:

The United Arab Emirates (UAE) implemented a Value Added Tax (VAT) on January 1, 2018, in a bid to diversify its revenue sources. VAT, a consumption tax, is applied to most goods and services supplied within the UAE. The standard VAT rate is 5%, but certain goods and services may have reduced rates or be exempt.

Navigating the intricacies of VAT can be daunting, as it involves understanding various laws and regulations. This comprehensive course aims to equip you with the knowledge and skills necessary to ensure compliance with UAE VAT laws. Through expert guidance and practical examples, you will delve into key topics such as VAT registration, invoicing, accounting for VAT, filing returns, and handling VAT audits.

Learning Outcomes:

• Understand the basics of VAT

• Determine whether you are required to

• register for VAT

• Identify taxable supplies

• Calculate input tax

• Calculate output tax

• File VAT returns

• Pay VAT

• Comply with other VAT obligations

Who Should Enroll?

This course is ideal for anyone who is involved in the following areas:

• Accounting

• Finance

• Taxation

• Business administration

• Human resources

• Supply chain management

• Customer service

If you work for a business that is subject to VAT, or if you are planning to start a business that will be subject to VAT, then this course is for you.

The course will be taught by experienced VAT professionals. The course will cover all aspects of VAT compliance, from registration to filing and payment. You will have the opportunity to ask questions and get clarification on any topics that you do not understand.

Outline

• 48 Hours Program

• Study Material

• Mock Tests

• Practice Question Bank

Course Curriculum

Module 1
• General principles
• Registration
• Definition of supply
• Liability of supply
• Zero rating
• Exemption
• Deemed supplies
• Value of supply

Module 2
• Time of supply
• Input tax
• Partial exemption
• VAT records and returns
• Accounting for VAT
• Bad debt relief

Module 3
• The authority powers, appeals and assessment
• Penalties for administrative issues
• Refunds
• International aspects-goods
• International aspects-services
• Reverse charge mechanism

Module 4
• Real estate
• Capital assets scheme
• Transfers of an economic activity
• VAT groups
• Profit margin scheme
• Excise tax
• Role of the tax agent

Certified KSA VAT Compliance

The Kingdom of Saudi Arabia (KSA) implemented the Value Added Tax (VAT) on January 1, 2018, as a means of generating revenue. VAT is a consumption tax levied on the majority of goods and services provided within KSA. This tax system requires registered businesses to charge VAT on their supplies and subsequently transfer the collected amount to the government. The introduction of VAT aimed to diversify the country's revenue streams, reduce reliance on oil revenues, and enhance economic stability. It also aligned Saudi Arabia with international taxation practices and facilitated the development of a more sustainable fiscal framework.

Learning Outcomes

At the end of the course, you will be able to:

• Understand the basics of VAT

• Determine whether you are required to

• register for VAT

• Identify taxable supplies

• Calculate input tax

• Calculate output tax

• File VAT returns

• Pay VAT

• Comply with other VAT obligations

Who Should Enroll?

This course is ideal for anyone who is involved in the following areas:

• Accounting

• Finance

• Taxation

• Business administration

• Human resources

• Supply chain management

• Customer service

If you work for a business that is subject to VAT, or if you are planning to start a business that will be subject to VAT, then this course is for you. The course will be taught by experienced VAT professionals. The course will cover all aspects of VAT compliance, from registration to filing and payment. You will have the opportunity to ask questions and get clarification on any topics that you do not understand.

Outline

• 48 Hours Program

• Study Material

• Mock Tests

• Practice Question Bank

Curriculum

Module 1
• General principles
• Registration
• Definition of supply
• Liability of supply
• Zero rating
• Exemption
• Deemed supplies
• Value of supply

Module 2
• Time of supply
• Registration
• Input tax recovery
• Partial exemption
• VAT records and returns
• Accounting for VAT
• Bad debt relief

Module 3
• Powers and assessment
• Penalties for appeals
• Refunds
• International aspects-goods
• International aspects-services
• Electronic Services

Module 4
• Capital assets scheme
• Groups
• Profit margin scheme
• Transfers of an economic activity

Certified Oman VAT Compliance

VAT has been imposed in the United Arab Emirates and the Kingdom of Saudi Arabia since January 1, 2018, with the Kingdom of Bahrain following in 2019. The Sultanate of Oman is the GCC region's fourth country to implement the VAT policy. Each GCC country has some discretion in tailoring its VAT rules depending on national requirements, including Oman, which has several legislative measures that are only relevant to the country. To guarantee effective compliance, organizations and practicing professionals in Oman must have a thorough and complete grasp of the VAT statutory requirements and their implementation in Oman.

Learning Outcomes

At the end of the course, you will be able to:

• Understand the basics of VAT

• Determine whether you are required to

• register for VAT

• Identify taxable supplies

• Calculate input tax

• Calculate output tax

• File VAT returns

• Pay VAT

• Comply with other VAT obligations

Who Should Enroll?

This course is ideal for anyone who is involved in the following areas:

• Accounting

• Finance

• Taxation

• Business administration

• Human resources

• Supply chain management

• Customer service

If you work for a business that is subject to VAT, or if you are planning to start a business that will be subject to VAT, then this course is for you. The course will be taught by experienced VAT professionals. The course will cover all aspects of VAT compliance, from registration to filing and payment. You will have the opportunity to ask questions and get clarification on any topics that you do not understand.

Outline

• 48 Hours Program

• Study Material

• Mock Tests

• Practice Question Bank

Curriculum

Module 1
• General principles
• Definition of supply
• Liability of supply
• Zero rating
• Exemption
• Deemed supplies
• Value of supply

Module 2
• Time of supply
• Input tax
• Partial exemption
• VAT records and returns
• Accounting for VAT
• Bad debt relief

Module 3
• The authority powers, appeals and assessment
• Penalties for administrative issues
• Refunds
• International aspects-goods
• International aspects-services
• Reverse charge mechanism

Module 4
• Real estate
• Capital assets scheme
• Transfers of an economic activity
• VAT groups
• Profit margin scheme
• Excise tax
• Role of the tax agent