Do you want to start a business in the United Arab Emirates? It’s fantastic! However, since the advent of Value Added Tax (VAT) in 2018, some businesses have been required to register for VAT and keep proper accounting records. It can be difficult to keep up with the provisions of VAT legislation as they are frequently revised. Fortunately, your accounting team can now thoroughly explore and understand the intricacies of the VAT landscape in the GCC with relative ease by enrolling in VAT training from a knowledgeable VAT expert in Dubai. Here are some things you need to know about VAT training in Dubai with a Dubai-trained VAT consultant to help you understand its importance. As the registration of VAT and excise duties in the UAE evolves, the firm believes it is essential for businesses to ensure that their business operations are aligned with the positions and indirect tax procedures that have been established.
What does VAT training consist of?
Although Value Added Tax (VAT) has been in place in the UAE for almost four years, many businesses are still unfamiliar with its basic concepts and principles. As a result, many VAT experts now offer certification and training courses to help individuals and businesses understand the history of VAT, identify its pros and cons, and understand how it works and how it works. integrates into the tax mix of local and global landscapes.
What is the aim of the course?
Since VAT is a mandatory part of Dubai’s tax regulations, everyone is advised to enroll in a VAT training program.
People whose professions require them to interact directly with tax provisions, on the other hand, are more likely to take the course. Accountants, CFOs, internal auditors, tax advisors, tax preparers and other accounting and finance professionals are among them. For more details, please go through https://www.kbame.com/a-brief-guide-to-vat-training-in-dubai-what-is-it-and-why-get-it/
About KBA accounting and bookkeeping services
KBA Accounting and Bookkeeping Services LLC is a UAE registered and Federal Revenue Authority (FTA) approved tax agency with TAN 30001937 and a financial services consultancy, providing cost-effective, value-added solutions to meet all your business needs under one roof. KBA covers a wide range of accounting services, from management accounts and business planning to VAT returns and payroll. Our accounting clients come from many different backgrounds and industries, both in the UAE and abroad.
We have a rapidly growing team of skilled and dedicated professionals with an innovative and business-like approach to meet today’s very challenging business environment. We are passionate about our craft and proud of our longstanding expertise and pleasing number of satisfied customers. We guarantee each customer an efficient service that exceeds their expectations. We are open and honest and strive to provide proactive business advice that helps businesses and individuals meet their business obligations and save as much tax as possible within the limits of the law. And recently, we were awarded Best TAX ADVISOR OF THE YEAR _ DUBAI BY MEA MARKETS and Clutch Award for Best Accounting Firm in Dubai 2020 & 2021.
For more information please visit https://www.kbame.com
© Press release 2022