ICC-UAE VAT RETURNS WORKSHOP

Location: Dubai, United Arab Emirates
Date: 29th March 2018
Event Type: Workshop
Language: English







    Description

    Value Added Tax (VAT) has been implemented in UAE from 1st January 2018 and it has an impact on every business. Whether you are a manufacturer or a trader or distributor or freight forwarder or service provider or professional, you will see VAT impacting your business in some way or the other.

    VAT Law needs to be embraced and accepted by one and all living in the UAE and its real impact on the business can be best assessed only through a proper impact study on the Business Model and Business Processes.

    Most of the members of ICC-UAE have registered themselves for VAT and have implemented the VAT in their business. You must be now gearing up for filing of the return and if your organisation is expected to file quarterly return then the first quarter is coming to an end on 31st March 2018 and you need to file your returns in April 2018.

    The "VAT RETURNS Workshop" is aimed at helping the business community to prepare the VAT Return and file the same without any errors before the due date as per the requirements of Federal Tax Authority.

    It would help the companies from different industries to understand the requirements of the VAT Law and the Executive Regulations in terms of preparation and filing of the VAT Return with ease and ensure proper compliance. The focus of the workshop will be on the gathering of information and how the information needs to be captured in the VAT Return at the end of the Tax Period. At the end of the workshop, participants will be issued a certificate by ICC UAE.

    Objective:

    • Get an understanding of the VAT Law and Executive Regulations relating to accounting for transactions
    • Get an understanding on the maintenance of records and preparation of the Tax Return
    • Get a clear understanding of the implication of VAT Law to ensure proper compliance with the law

    Methodology:

    • Explanation of the VAT Law and Regulations relating to Invoicing, Records, Returns
    • Specific discussion on application of the VAT Law for the Preparation and Filing of VAT Return

    Programme

    9.00-9.30 Registration and Networking
    9.30-9.40 Welcome Remarks
    Hassan Al Hashemi
    Secretary General, ICC UAE
    9.40-10.50 Workshop – Session I
    Tirupathi Parthasarathy Anand
    Chartered Accountant
    10.50-11.05 Networking Break
    11.05-12.15 Workshop – Session II
    Tirupathi Parthasarathy Anand
    Chartered Accountant
    12.15-13.45 Networking Lunch
    13.45-14.50 Workshop – Session III
    Tirupathi Parthasarathy Anand
    Chartered Accountant
    14.50-15.00 Closing Remarks
     Nadia Abdul Aziz
    Vice Chair, ICC UAE Commission on Customs & Trade
    Facilitation




    Speaker

    About the Speaker

    Tirupathi Parthasarathy Anand (TP)
    Chartered Accountant

    TP is a Chartered Accountant (Indian CA) with over 30 years of post-qualification experience having worked in India, Singapore and Dubai. He is an alumnus of the Indian Institute of Management, Ahmedabad, India and has attended a residential program of Harvard Business School on "Building a Global Enterprise" in April 2015. In August 2017 he has successfully completed a two month 'Online Course' on "Design Thinking" from MIT Sloan School of Management, MIT, Massachusetts, U.S.A.

    TP helps his clients with Strategic Planning Process, Business Process Mapping, Corporate Strategy, Strategic Alliances, Design Thinking and Business Excellence. With hands-on experience in various functional areas, he provides the Corporate Strategy best suited for the Organisation. He also helps with the implementation of the Strategy and guides the organisation with the Monthly Review system to achieve sustainable growth. TP believes that every organisation should set themselves up in the 'path of excellence' which is a continuous journey.

    TP conducts case-study-based Workshops on International Financial Reporting Standards (IFRS) and has delivered number of public programs in Dubai, Abu Dhabi, Doha, Bahrain and Muscat. He is also conducting workshops on Value Added Tax (VAT) which has been introduced in the GCC. He has actively participated in the preparation of the Background Material on VAT Law published by The Institute of Chartered Accountants of India (ICAI). He is a faculty for the VAT Certificate Course being conducted by ICAI Dubai Chapter. TP has conducted several workshops for NAFL and has been instrumental in developing the Business Scenario Analysis and Ready Reckoner which is widely used by the Freight and Logistics companies in UAE.


    Logistical Notes


    Venue:

    13th Floor
    Dubai Chamber of Commerce & Industry
    Baniyas Road, Deira, Dubai, UAE


    Registration


    Registration Fees:

    ICC Member – AED 400.00
    Non-member – AED 600.00

    REGISTER NOW


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    Contact Us

    For more information, please contact Habibullah Rizwan at habib@iccuae.com or by phone to +971 4 220 8288.