Overview

A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.Starting from the moment we hear about vat, everybody were confused, how to calculate? how it gonna affect my business? and what is the needed registration? In this course, we will try to answer all your questions about VAT and we will study some cases to understand the whole issue.

Course Objective

By the end of this course participant will be able to:

• Recognize the impact of VAT on the operational and the financial performance of the business
• Learn how to calculate VAT by Differentiating Input VAT and Output VAT
• Be able to prepare the invoices including VAT
• To study the process for VAT registration
• Understand VAT administration, fines and penalties related to VAT filing
• Discuss common errors in VAT calculation

Certificates and Associations

• KHDA - Accreditation of the Knowledge Authority - Dubai: All of our courses are accredited by the Knowledge and Human Development Authority in the United Arab Emirates
• Bristol Academy: All our courses are accredited by Bristol Academy - Kuala Lumpur
• LMGO: All of our courses are accredited by the Institute of Leadership and Management - Switzerland
• Global Innovation Institute - GInI: The center is accredited to offer all specialized innovation courses from Global Innovation Institute in America