Past event summary
VAT Awareness Seminar
About the event
UAE has released the VAT Law (Federal Decree-Law No. (8) of 2017 on Value Added Tax) and recently released Executive Regulations (Cabinet Decision No. (52) of 2017 on the Executive Regulations of the Federal Decree-Law No (8) of 2017 on Value Added Tax). VAT is proposed to be implemented from 1st January 2018.
DMCC Free Zone hosted a VAT awareness session exclusively organised for DMCC member companies. This session was facilitated by KPMG with significant experience in VAT systems globally and regionally.
Note: This session was for all the non-commodities sector companies. There will be another session for VAT focused on commodities sector on a later date.
Event details
Where
FIVE Palm Jumeirah Dubai Hotel
When
9:30 am - 12:00 pm, 10 Dec 2017
Registration starts at 9:00 am
Additional Information
Agenda
0900 - 0930
Registration
0900 - 1200
- An overview of VAT
- VAT technical areas - Discussion on the concept of VAT including time of supply, place of supply, VAT recovery, general mechanism of VAT, registration requirements
- Compliance and reporting obligations
- How VAT will impact DMCC companies
- Transitional provisions
- Q&A
Speakers
Ankur Jain – VAT Senior Manager, KPMG in the UAE