Advanced VAT for Tax Agent

Eligibility / Requirements
Should have secondary Qualification, Tax and Accounting Knowledge.

VAT Return filing

• Bad debts, Partial Exemption (Methods & Annual Adjustment), Capital Asset Scheme & Profit Margin Scheme
• Import and Export of goods and services, GCC Export & Import & Reverse charge Mechanism
• VAT Impact analysis & due diligence, VAT Ruling on complicated MattersVAT
• VAT accounting & Reporting, VAT Return submission
• Tax Auditing, Strategic Pricing & Costing, VAT & Supply chain Management & Transfer Pricing
• Contract Negotiations & Redrafting, Resolving Issues with Tax Authority

VAT Principles

• Fines and penalty, Assessment & Appeal, Invoicing & Record keeping
• Taxable supply, Place of supply, Time of supply & Value of Supply
• Standard supply, Zero rated supply, Exempted supply, Deemed supply, Single & Mixed Supply
• Transfer of Business Activity, Designated zone and Free Zone
• VAT Treatment for Real Estate, Retail Trade, Financial service, Aviation and Service Industries
• Executive Regulations, Registration, Deregistration & VAT Grouping