Home
All Courses
Services
In-house
E-learning
Coaching
Consultancy
About us
Who We Are
Experts Team
Board of Directors
Partner Associations
Clients
Franchise
Media news
Corporate News
CSR
Interviews
Blog
Jobs
Downloads

Training Calendar 19

Training Calendar 20

Training Prospects

Training Brochure

Training Catalogue

Contact us
Wishlist
Shopping cart
Sign in
EN | AR

Shopping cart

CLOSE

Total:

AED 18.300

Home All Courses CVAT Certificate in Value Added Tax Implementation
4.9

CVAT Certificate in Value Added Tax Implementation

2 alternative locations available

Course Overview

This specially designed VAT Training program examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This training will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly. The VAT Training is developed to equip your team to adequately embrace the VAT requirements in Global context. The introduction of VAT represents a significant change in tax policy and will have a major impact on businesses across GCC.

The program will provide a thorough understanding of the basic concepts and principles of VAT and how it operates internationally. When national VAT law of the country where the company is operating is issued, the program will be based on the content of the mentioned law and its secondary legislations.

01

05

Run This Course

Enjoy this certified

program at your premise of choice, with lower costs, and schedule that suits you best.

FULLY CUSTOMIZED

ACCORDING TO YOUR NEEDS!

5 Key Takeaways

1

Understand the basic concepts and calculation of tax base and rate.

Discuss some advantages and disadvantages of the VAT.

2

3

Describe VAT mechanism, particularly in respect of output tax and input tax, in such a way that it remains neutral in its application by businesses.

Identify how VAT applies to international transactions of both goods and services.

4

5

Explain the impact of exemption in VAT and how tax is calculated by businesses that deal in exempt supplies.

02

05

See What’s Inside Our 2019 Catalog

Course Outline

DAY ONE

Introduction of VAT

  • Agenda

  • Updating on GCC’s VAT

Definition and Characteristics of VAT

  • VAT definition

  • VAT mechanism - Input VAT - Output VAT

  • VAT terminology - Input VAT - Output VAT - Zero rated - Exempt - Out of scope

  • Advantages and disadvantages of VAT

Scope of the tax

  • Taxable transactions(supply of goods and services) - Taxable goods - Taxable services

  • Chargeability of VAT

  • Liability for VAT

  • Taxable persons - Threshold

  • Place supply of goods and services

  • Time of supply

  • Import transactions

VAT calculation

  • Tax rate

  • Taxable base

Case study: Determining registration date

Exemptions from VAT, Zero rated and Out of scope

  • Exempted activities

  • Exempted goods - Local - Import

  • Zero rated - Goods - Activities

  • Out of scope

Reverse charge and deductibility of VAT

  • Reverse charge

  • Right to deduct

  • Apportionment of Input VAT and Pro-rata (Direct Allocation, Proportional Deduction)

Case study: Calculation of the rate of recoverability

DAY TWO

VAT taxpayers and their obligations

  • Registration
  • Filing obligations
    - Periodical VAT returns
    - Payment of VAT due
    - VAT claims
    - Non compliance
  • Reporting
    - VAT GL accounts
    - Books and records
    - VAT Invoices
    - Supporting information for VAT deduction

Special cases of VAT

  • Cash Business

  • Obligations for non residents

  • Jewellery special schemes 

  • VAT refund for tourists

  • VAT refund for non resident businessmen

  • VAT refund on transactions made by diplomatic bodies consulates and international organizations

  • Adjustments arising from changed use of goods or services – output tax

VAT Trends and Communication Strategy VAT Fraud

Discovery and Reporting

Case study: Exercices and group discussion

Wrap-up and Self test

EDUCATIONAL PARTNER

LEORON - Professional Development Institute

Built upon the strong experience in the manufacturing sector, which the founders developed in Sweden during the 90’s global expansion, LEORON evolved into a comprehensive training institute, offering training and development solutions in all strategic corporate functions, including corporate finance, HR, SCM, operations, and engineering.

With strategic distribution of our offices in leading locations, such as Dubai, Riyadh, Jonkoping, Skopje, Accra, and Almaty, our team of experts delivers approximately 500 courses annually, and roughly 10000 professionals are equipped with appropriate education and the latest insights in a wide assortment of industries across the EMEA region.

03

05

Introducing LEORONʼs mobile app!

LeoronGo

Your Professional Development

Institute in the palm of your hand!

WEBADVISOR • MOODLE • COURSE SCHEDULE •

COURSE CATALOG • STUDENT SERVICES • AND MORE!

NOW AVAILABLE

Who Should Attend?

This highly practical and interactive course has been specifically designed for:

  • CEO/CFO/COO/CIO

  • Tax directors

  • Financial controllers/managers

  • Procurement managers

  • Legal and contract affairs professionals

  • Information technology managers

  • Sales and marketing managers

04

05

05

05

Reviews

Submit Review

Overall rating *

Add a photo

REVIEW SUBMITED-THANK YOU

We are processing your review. This may take several days, so we appreciate your patience. We will notify you when this is complete.

RELATED COURSES

CPFS Certified Project Finance Specialist

4.8

Dec 15 - 19, 2019

Dubai, UAE

35 NASBA CPE credits

5 days

Expert trainer Marc Cannizo will be delivering our CPFS course, certified by IABFM. This intensive program aims to communicate the importance of project finance and provide participants with a practical framework for risk analysis. This program will be relevant to a range of participants who are involved in the evaluation and/or structuring of large scale Project Finance transactions, including equity Investors, project Finance engineers, corporate banking relationship managers and much more.

FNF Finance for Non-Finance Managers

4.8

Dec 15 - 17, 2019

Dubai, UAE

21 NASBA CPE credits

3 days

Delegates will gain an increased awareness and working knowledge of: Accounting as the language of business Management versus financial accounting Key financial statements and their inter-relationship How to assess the financial health of businesses Aligning performance to strategy through budgeting Using costing methods to aid decision-making Selecting profitable investments Choosing the right pricing strategy The treatment of depreciation and goodwill Effective control of inventory

CFMP Certified Financial Management Professional

4.9

Dec 15 - 19, 2019

Barcelona, ESP

28 NASBA CPE credits

5 days

The course develops key skill competencies through the application of sound theoretical content within a practical, real-life inspired case-study based environment.

MCC Managing the Cash Cycle

4.8

Dec 15 - 19, 2019

Dubai, UAE

FREQUENTLY ASKED QUESTIONS

Most of our public courses are delivered in English language. You need to be proficient in English to be able to fully participate in the workshop and network with other delegates. For in-house courses we have the capability to train in Arabic, Dutch, German and Portuguese.

LEORON Institute partners with 20+ international bodies and associations.
We also award continuing professional development credits (CPE/PDUs) for:
1. NASBA (National Association of State Boards of Accountancy)
2. Project Management Institute PDUs
3. CISI credits
4. GARP credits
5. HRCI recertification credits
6. SHRM recertification credits

The deadline to register for a public course is 14 days before the course starts. Kindly note that occasionally we do accept late registrations as well, but this needs to be confirmed with the project manager of the training program or with our registration desk that can be reached at +971 4 447 5711 or [email protected].

The course fee covers a premium training experience in a 5-star hotel, learning materials, lunches & refreshments, and for some courses, the certification fee and membership with the accrediting bodies.

Yes, we can provide discounts for group bookings. If you would like to discuss a discount on a corporate level, we will be happy to talk to you.

Radiating Social