Advanced VAT for Tax Agent

VAT Principles

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

VAT Return filing

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