Post introduction of VAT on January 01, 2018, the Federal Tax Authority (FTA) have been regularly providing comprehensive information which includes issuing VAT guides, uploading e-learning programmes including infographics, issuing public and private clarifications, conducting seminars and awareness sessions, etc.
This information essentially provides businesses clarity on certain key concepts, VAT implications on certain transactions/sectors, VAT impact on processes including documentation, etc. It is imperative that the businesses regularly refers to the information released by FTA as it would have an impact on the existing and proposed transactions.
During the sessions led jointly by CREATIVE ZONE Tax and Accounting and WTS Dhruva Consultants, we will discuss the basics of what you need to know about VAT and the key implications that affect your business.
CREATIVE ZONE Tax and Accounting are an approved Tax Agency by the Federal Tax Authority (FTA) specializing in financial reporting services including Accounting, Bookkeeping, Auditing and VAT registration and Tax Returns filing. (Tax Agency Number (TAN) 30003529.)
WTS Dhruva Consultants is a part of Dhruva Advisors, India’s leading tax firm, with considerable expertise in VAT implementation, compliance and dispute resolution matters, providing business-focused and practical insights on VAT implementation and operations.