VAT Training 2018 - Dubai
Transcript of VAT Training 2018 - Dubai
VERYXGROUP
VAT TRAINING
ACCOUNTING PROCUREMENT
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OPERATIONALCHALLENGES
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+971 4 338 2988 [email protected] www.averyxgroup.com /averyxgroup
BE TRAINED BY THE INDUSTRY EXPERTS
A c r i t i c a l s u c c e s s f a c t o r f o r V A T C o m p l i a n c e w i l l b e u p s k i l l i n g y o u r s e l f a n d y o u rw o r k f o r c e w i t h t h e r i g h t k n o w l e d g e a n d s k i l l s e t . O u r t r a i n i n g a n d g u i d a n c e o n t h e c o n s i s t e n t a p p l i c a t i o n o f t h e V A T l e g i s l a t i o n w i l l e q u i p y o u a n d y o u r w o r k f o r c e
w i t h t h e k n o w l e d g e , s k i l l s a n d c o n fi d e n c e t o w o r k w i t h V A T .
VERYXGROUP
OBJECTIVE
OUR METHODOLOGY
PRACTICAL LEARNING ACTIVITIES
+971 4 338 2988 [email protected] 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
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I s your company compl iant for VAT purposes? Are you get t ing the r ight adv ice f rom your accountant? Have you updated your Account ing Sys tem to comply wi th FTA? Can your Account ing Sys tem prov ide Tax invoices inc luding tax c redi t & debi t notes? Are you aware o f the fines imposed on your company i f you are not fu l l y compl iant? I f you answer NO to any o f the quest ions above, then jo in us for an in -depth and in teract ive VAT Tra in ing by the indust ry exper ts !
Our t ra in ing inc ludes course mater ia l s , quest ionna i res , assessment tools and other fac t gather ing mater ia l s to fu l l y ensure you are VAT Compl iant .
VAT TRAININGIS YOUR COMPANY COMPLIANT FORVAT PURPOSES?
• Accounting• Human Resources• Supply Chain• Information Technology
Business Owner
VERYXGROUP
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 TRAINING 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
VAT TRAININGIS YOUR COMPANY COMPLIANT FORVAT PURPOSES?
VERYXGROUPVAT TRAININGIS YOUR COMPANY COMPLIANT FORVAT PURPOSES?
+971 4 338 2988 [email protected] www.averyxgroup.com /averyxgroup
Business Owner
• Overview on GCC VAT Framework• What is Value Added Tax (VAT)?• Common Framework for GCC Countries & Local Legislations• 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
VAT TRAINING
How we can help: Averyx Group will help you identify the specific 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
V AT C O M P L I A N C E R OA D M A P
GOAL: Achieve compliance with VATregulations in a timely manner.
• Improvise & fine tune compliance activities
VERYXGROUPVAT TRAININGIS YOUR COMPANY COMPLIANT FORVAT PURPOSES?
+971 4 338 2988 [email protected] www.averyxgroup.com /averyxgroup
JADD SHALAK B.COMM (HONS), CPA, IPA
VAT TRAINING REGISTRATION DETAILS
SENIOR CONSULTANT, PARTNER, AVERYX GROUP
AREA OF EXPERTISEEDUCATIONAL BACKGROUND• 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 Agent• Structured Finance• Accounting• Financial Modeling• Business Analysis• Business Technology• Enterprise Resource Planning (ERP)
DATA & TIME: MAY 2018 | 1-6 p.m.DURATION: 5 HOURSNOTE: ONLY 40 SEATS AVAILABLE
PLEASE CONTACT :MOBILE: +971 58 800 6305EMAIL: [email protected]
Dubai: Four Points by Sheraton | May 13, 2018Abu Dhabi: Southern Sun Hotel | May 10, 2018
TRAINING FEE
WAYS TOREGISTER
REGULAR FEE: 600 AED / PARTICIPANT exc. VAT TEAM DISCOUNTS
WHAT’S INCLUDED
INCLUDES COURSE MATERIALS, CERTIFICATE, REFRESHMENTS AND BUSINESS NETWORKING
Group of 3: Save 5% off standard price
Group of 5: Save 7% off standard price
Group of 10: Save 10% 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 model as well as highlight keystrategies to successfully overcome challenges brought by the introduction of VAT.
REGISTRATION DOESN'T GUARANTEE YOUR SEAT IN THE TRAINING. YOUR SEAT WILL
ONLY BE CONFIRMED ONCE PAYMENT IS RECEIVED. ALL UNPAID REGISTRATION WILL
BE RELEASED 10DAYS PRIOR TO THE EVENT TO CATER OTHERS.
Jadd is a registered Australian & UAE Tax Agent. Jadd was one of the first few to complete and to be Registered as Tax Agents in the whole UAE. With over 20 years' of experience in Accounting, Finance & Tax industry and have worked with some of theleading global organizations such as PWC, ING Australia, Deutsche Telekom, SITA to name a few in various locations such Australia, US (New York), UK (London), France (Paris) and China (Shanghai) holding senior management positions in those.
Jadd has done in-house VAT trainings all over the Emirates such as The Westin Hotel (Dubai Mina Seyahi), Al Ain Palace, Al Halabi Group, Speed House Group of Companies, MTE Middle East, Tarjama, Madcom Advertising & Marketing as well as conducted seminars and trainings to over 500 individuals from diverse industries.
Jadd is currently a partner at Averyx Group, a dynamic consultancy firm based in Dubai – United Arab Emirates. Averyx Group's team of tax experts has wealth of experience in the areas of international tax law including Australian and UK taxation law as well as UAE VAT and excise duty.