Past event summary

About the event

UAE along with GCC countries are proposing to implement VAT from 1st January 2018. As a company licensed in UAE, you might have tried to assess the likely impact that VAT would have on your business. From upgrading financial systems, training your staff and hiring VAT experts, to the effect on intra-group, local and cross-border transactions.

Speakers:

• Nilesh Ashar – Head of Tax, KPMG in the UAE
• Clare McColl – Head of Indirect Tax, KPMG in the UAE
• Robert Dalla Costa – VAT Leader, KPMG in the UAE
• Pierre Arman - Market Development Lead - Tax & Accounting and Global Trade Management, Thomson Reuters

Agenda:

· An overview of VAT
· An update of the introduction of VAT in GCC region
· Discuss concept of VAT: Including time of supply, origin of supply, VAT recovery, general mechanism of VAT, registration requirements and more
· How VAT will impact the UAE companies
· Roadmap on how companies should prepare for VAT