Post on 26-Sep-2020
VERYXGROUP
VAT IN UAE
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+971 4 338 2988 vat@averyxgroup.com www.averyxgroup.com /averyxgroup
ARE YOU AWARE OF THE IMPACT OF VAT ON YOUR BUSINESS?JOIN OUR VAT IMPACT ASSESSMENT TRAINING.
Averyx Group Headquarters,Office 2403, Churchill Tower, Business Bay,
Dubai, UAE
VERYXGROUPVAT IN UAE
OBJECTIVE
OUR METHODOLOGY
ARE YOU AWARE OF THE IMPACT OFVAT ON YOUR BUSINESS?
compliance with VAT requirements. The training also includes a detailed VAT Compliance Map and a feasible and executable plan of action designed specifically for your current status. Averyx Group’s VAT Impact Assessment Training presents all the information you need about leading your business towards a successful VAT compliance. Our training includes questionnaires, assessment tools, and other fact gathering materials about your office’s current readiness for VAT implementation to further determine your specific needs and requirements. The training will also ensure success of the VAT Phase 1: Impact Assessment Program.
PRACTICAL LEARNING ACTIVITIES
+971 4 338 2988 vat@averyxgroup.com www.averyxgroup.com /averyxgroup
PRESENTATIONVAT Highlights
PROCESS REDESIGN& IMPLEMENTATION
Project ManagementApproach
VAT ACCOUNTING Practical Scenarios
TRANSITIONALCHALLENGES
Advisory
VAT ITAnalysis
IMPACT ANALYSIS Case Studies & Board Games
5
Join us for an in-depth and interactive VAT Impact Assessment Training covering everything from VAT Registration to your company’s
• Accounting• Human Resources• Supply Chain• Information Technology
Business Owner
VERYXGROUPVAT IN UAE
ARE YOU AWARE OF THE IMPACT OFVAT ON YOUR BUSINESS?
TRANSITIONAL CHALLENGES
LEGAL HUMAN RESOURCE IT PROCUREMENT FINANCE SALES & MARKETING
• Purchase From Non VAT Registered Suppliers• Procurement System Redesign• Educating Suppliers
• System Changes • Documents (Tax Invoices)• Reports for VAT
• Employee’s Allowances • Employee’s Benefits & Gifts• Employee’s Training
• Review Existing and New Contracts• Compliance of Law & Record Keeping
• VAT Return Preparation• Cash Flows & Payments for VAT• Expenses & Accounting for VAT• Advance Payment
• Pricing Strategies• Credit Items• Billing Process• Educating Customers
TRANSITION PLANNINGChallenges Cost VS Time
PROCESS RE-DESIGNBenchmarking Milestone
VAT IN UAE PROJECT IMPLEMENTATION (PHASED APPROACH)
CURRENT STATUS
IMPACT ASSESSMENT
PLAN OF ACTION
Initial BriefingFact Gathering
Draft Plan of Action
Initial FinancialAssessment
Setting Future Direction
Current Status & VAT &Compliance Mapping
In-depth DepartmentalWorkshop
Finalize Plan of Action
VAT Advisory
VERYXGROUPVAT IN UAE
ARE YOU AWARE OF THE IMPACT OFVAT ON YOUR BUSINESS?
+971 4 338 2988 vat@averyxgroup.com www.averyxgroup.com /averyxgroup
Business Owner
• Overview on GCC VAT Framework• What is Value Added Tax (VAT)?• Common Framework for GCC Countries & LocalLegislations• Challenges in Framework & Member Countries Local Legislative• Operational Conflicts in VAT Framework – Taxed &Non Taxed Regime Members• Transitional challenges to your Business
• Map transactions • Check compliance requirements
• Assess changes to systems, contracts, etc.
• Train people • Implement ERP changes
• Register for VAT
• Prepare & file VAT returns • Improvise & fine tune compliance activities
VAT IN UAE
How we can help: Averyx Group will help you identify thes pecific impact of VAT to every aspect of your business, from organization, management and HR, accounting, technology and finance, supply chain and relationship with suppliers and dealings with the end customer model.
VAT Strategy Review for Organizations
STEP 3
STEP 4
STEP 1PLAN & ASSESS
• Classify transactions • Prepare manual & define procedures
• Customize & test design
STEP 2DESIGN & TEST
TRAIN & IMPLEMENT
GO LIVE
VAT COMPLI ANCE ROADM AP
GOAL: Achieve compliance with VATregulations in a timely manner.
VERYXGROUPVAT IN UAE
JADD SHALAK B.COMM (HONS), CPA, IPA
VAT IN UAE REGISTRATION DETAILS
CANCELLATION POLICY: FOR CANCELLATIONS MADE 7 WORKING DAYS PRIOR TO THE WORKSHOP, NO REFUNDS WILL BE GIVEN. CANCELLATIONS MUST BE CONFIRMED
BY EMAIL. SUBSTITUTIONS MAY BE MADE AT ANY TIME.
SENIOR CONSULTANT, PARTNER, AVERYX GROUP
AREA OF EXPERTISEEDUCATIONAL BACKGROUND
ARE YOU AWARE OF THE IMPACTS OF VAT TO YOUR BUSINESS?
Jadd is a registered Australian & UAE Tax Agent as well as a registered CFE (Certified Fraud Examiner), with over 20 years of experience in Accounting, Finance & Tax industry with some of the leading global organizations and banks in Australia, US (New York), UK (London), France (Paris) and China (Shanghai) holding senior management positions in those.
Averyx Group is a dynamic consultancy firm, based in Dubai – United Arab Emirates with experienced professionals in the areas of accounting, taxation, finance, marketing, information technology (IT), human resources and management consultancy. Jadd brings to the Averyx Group a wealth of knowledge in financial and management experience to ensure the continuous growth of the group.
• Bachelor of Commerce, (Honors), University of Sydney• PHD, Finance University of Sydney• Member of Certified Practicing Accountants (CPA)• Diploma of Financial Services (Financial Planning)• Registered Tax Accountant• SAP FICO Certification
• Tax Consutant• Structured Finance• Accounting• Financial Modelling• Business Analysis• Business Technology• Enterprise Resource Planning (ERP)
DATE: TBADURATION: 6 HOURSNOTE: LIMIT TO 6 PERSONS PER TRAINING
PLEASE CONTACT :MOBILE: +971 4 338 2988EMAIL: VAT@AVERYXGROUP.COM
+971 4 338 2988 vat@averyxgroup.com www.averyxgroup.com /averyxgroup
Averyx Group Headquarters,Office 2403, Churchill Tower, Business Bay,
Dubai, UAE
TRAINING FEE
WAYS TOREGISTER
REGULAR FEE: AED 1,500 / PARTICIPANT TEAM DISCOUNTS
WHAT’S INCLUDED
INCLUDES COURSE MATERIALS, CERTIFICATE,REFRESHMENTS AND BUSINESS NETWORKING
Group of 2: Save 10% off standard price
Group of 3+: Save 15% off standard price
Group of 6: Save 20% off standard price
Don’t miss this event as it will provide you with more networking opportunities with peers in the industry to discover how to develop an e ective VAT-compliant business as well as highlight key strategies to successfully overcoming challenges brought by the introduction of VAT.