Contact Us:

Contact us for more information:

You can get an instant reply to your inquiries via email.

How we can help

Our Indirect Tax Team of experts is available in GCC Region to discuss and bring clarity to the specific challenges that your businesses might face in getting yourself ready for VAT. Please contact our indirect tax executives to learn more.

LinkedIn: Waheed Ensari

VAT Advisory and Consultancy services are available for GCC (Gulf Cooperation Council) Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates

To know more whatsapp +971 55 8400399

email: waheedensari@hotmail.com

You can contact us online and we will get back to you as soon as possible.

Comments

Value Added Tax (VAT) Training in Dubai

Value Added Tax (VAT) Training in Dubai Course Overview The course 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 seminar will give you a complete understanding of VAT, covering all the essentials and giving you the confidence to know if you are dealing with VAT correctly. Extra Benefits: A Seminar Pack containing the information presented on the day A Certificate of Attendance LEARNING OUTCOMES Upon the successful completion of this course the participants should be able to: 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 various types of supplies with reference to VAT Differentiate Input VAT and Output VAT Categorize the supplies for VAT calculation Understand the i...

What is Reverse Charge Mechanism : VAT in GCC, Dubai, Saudi Arabia

What is Reverse Charge Mechanism : VAT in GCC, Dubai, Saudi Arabia This charge is applicable on the imported of goods or services imported from outside the GCC countries this is called Reverse Charge Mechanism. Under Revers Charge Mechanism in UAE VAT Law the payment of VAT is not made at the import stage/ point means there is Zero payment of VAT and the only responsibility / compliance requirement left is with the buyer to report the VAT on Purchases (Input VAT) and VAT on Sales (Output VAT) in their VAT Return for the period. The unpaid reverse charge would have paid if the purchase was made inside UAE. So the buyer has to file the VAT return and to show the Input and Output tax therein. In other words we can say that the Reverse Charge is at zero percent Article 48(1) of the VAT Law speaks as under: - Article (48) (1) ReverseCharge 1) If the Taxable Person imports Concerned Goods or Concerned Services for the purposes of his B...

Pay Zero VAT on Goods & Services in UAE

Pay Zero VAT on Goods & Services in UAE The President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, on Sunday issued the Federal Decree-Law No. 8 of 2017 for Value-Added Tax, with one of the lowest rates in the world. Value Added Tax is the most discussed topic in GCC creating many questions. As January , 2018 is approaching very fast businesses (small and large) are interested to know steps, dos & donts, vat planning, implementation and its impact on decision making. In the application/ compliance and better understanding of the VAT law, the following terms, misunderstandings are vital to know. Tax Rate: A standard rate of 5% shall be imposed on any supply or Import pursuant to Article (2) of this Decree-Law on the value of the supply or Import specified in the provisions of this Decree-Law. Value Added Tax is imposed on the import and supply of Goods and Services at each stage of production and distribution, including the Deemed Supply. Howev...

Search This Blog