On January 1, 2018, UAE and Saudi Arabia introduced the first-ever VAT, an indirect tax on supply of goods and services in the country - however the other gulf countries, including Oman (Muscat), Bahrain and Kuwait have to introduce the VAT latest by January1, 2019..
The UAE and the other Arabian Gulf states are introducing taxes to help cope with the low oil price environment and shore up dwindling government revenue from oil.
VAT presents the employment opportunities in the region to manage the ongoing compliance of tax in the countries that have historically had none. There is opportunity for financial services firms, technology firms, recruitment companies, training houses, and even free lancers who wish to move to the UAE. According to experts, VAT will add 5000 new jobs to the UAE financial sector as companies prepare to comply with the tax system.
Simandhar Education is proud to proactively initiate VAT Training in Hyderabad. This 8-day course [with extended trainings on weekends] is bespoke program on UAE VAT which will equip the trainees with complete concepts of the VAT in UAE (including real-life business case studies), GCC Framework on VAT, Outline of the excise law and broad-awareness of the UAE economy. The courses aims to equip you with the knowledge, skills and confidence to work on VAT.
Simandhar Education is in alliance with LnCo Tax Advisors, a UAE based boutique tax advisory firm which has deep sectoral experience in almost all the sectors including Manufacturing, Hospitality, Real estate, Insurance & Banking, Energy, IT an ITeS, Jewellery and varied sectors. Their global tax experience in VAT Advisory and Compliance services to clients will give insight on practical realties of working on VAT and bring value on to the table for our trainees.
Best course in India. The faculty and course material is the best.
India's best course. The faculty explained each and every thing in detail.
Excellent faculty. Best institute for CFA in India.
The course material provided by the institute was the Best.The faculy explains in detail.Sripal sir is best.