Duration: 8 Hours
Timing: Flexible
Course Overview
This VAT – Value Added Tax course examines the rules and regulations that clearly demonstrates the procedures and controls that should be in place for the initial implementation, to ensure VAT returns are submitted accurately and to avoid penalties due the compliance and errors.
The training session will equip the participants with complete understanding , covering all the essentials aspects including the initial implementation in the business and will encourage the participants to deal with the implementation, compliance and return filing confidently.
The UAE has announced it will proceed with the implementation of a value-added tax (VAT) regime, which is planned to come into effect on January 1, 2018. It is expected that the rate of the VAT will be 5% on all goods and services, with some exceptions including basic food items, healthcare and education. The new tax will not be limited to the UAE, but rather will be implemented across the GCC-countries, although possibly at different rates and different implementation dates.
Extra Benefits
- A Training Pack containing the information presented on the day
- A Certificate of Attendance
Learning Outcomes
Upon the successful completion of this VAT course the participants should be able to:
- Understand the concept and its impact on the economy
- Understand the impact on the operational and the financial performance of the business
- Differentiate various types of supplies with reference
- Differentiate Input and Output
- VAT calculation and reconciliation
- Understand the impact on the Imports and Exports with the member countries (gulf region) and non-member countries (rest of the world)
- Prepare the invoices including VAT
- Understand the registration process and prepare required documents for registration
- Business strategic and operational planning to implement
- System mapping for implementation
- Understand administration, fines and penalties related to filing
- Identify common errors in calculation
Agenda
VAT Concept
- Concept
- Motive
- Input
- Output
- Supplies
Goods – Services
Categories of Supplies
- Taxable Supplies
- Reduce rated Supplies
- Zero rated Supplies
- Exempt Supplies
VAT and UAE
- Reason behind implementation of VAT in UAE
- Impact on UAE Economy
- Impact on the Businesses
- Why in UAE is different than rest of the world
- Gulf Framework
VAT Registration
- Rules for registration
- Rules for De-registration
VAT Calculation
- When should be accounted for?
- Calculating Input (Sales, Services and Gifts)
- Calculating Output (Purchases)
Short Case Study for the VAT calculation
VAT Administration
- Filing returns
Schemes
Timing for VAT Filing - Claim for Refunds
VAT Penalties
- Late submission penalties
- Late payment penalties
- Error and penalties
- Default interest rate
VAT on Imports & Exports
- Calculating output on Imports from the member countries and non-member countries
- Calculating input on Export to member and non-member countries
Business Planning for VAT Implementation
- Business strategic planning
- Operational planning for implementation
- Implementation and its impact on Budgeting
- Accounting system mapping for implementation
- Compliance
VAT Invoices and Record Keeping
- Layout of the Invoice
- Charging on Invoice price
- Invoices Record Keeping
VAT Errors
- Pre-registration input VAT Calculation
- Relief Calculation
- Valuation of Supplies
There will be various case studies discussed during the training session to clarify the concept, the implementation issues, avoiding the errors and proper treatment of the supplies.
Why Choose Optimizer Middle East for VAT Training?
Optimizer Middle East is a trusted training provider in the UAE, delivering practical, up-to-date VAT training aligned with Federal Tax Authority (FTA) regulations. Our VAT training is designed to help businesses understand UAE VAT laws, ensure full compliance, and avoid costly penalties. Delivered by experienced tax professionals, the course covers real-world scenarios, filing procedures, and sector-specific VAT applications. We offer flexible training formats (onsite, online, or hybrid) and tailor content to meet your industry needs—making Optimizer your reliable partner in navigating UAE VAT with confidence.
