Do you want to start a business in the United Arab Emirates? That's fantastic! Since the advent of Value Added Tax (VAT) in 2018, however, some firms have been forced to register for VAT and maintain correct accounting records. Keeping up with the provisions of VAT legislation might be difficult because they are frequently revised. Fortunately, your accounting team can now thoroughly explore and comprehend the complexities of the VAT landscape in the GCC with relative ease by enrolling in a VAT training given by a competent VAT expert in Dubai. Here are a few things you should know about VAT training in Dubai with a trained VAT consultant in Dubai to assist you understand how important it is.As the VAT and Excise Tax Registration in UAE evolve, the firm feels it is critical for businesses to ensure that their business operations are aligned with the indirect tax positions And procedures that have been established.
What does VAT training entail?
Despite the fact that the Value Added Tax (VAT) has been in place in the UAE for nearly four years, many businesses are still unfamiliar with its core concepts and principles. As a result, many VAT experts now provide certification and training courses to assist individuals and businesses in understanding the history of VAT, identifying its benefits and drawbacks, and understanding how it operates and fits into the tax mix of both local and worldwide landscapes.
What Is the Purpose of the Course?
Since VAT is a required component of Dubai's tax regulations, everyone is advised to enrol in a VAT training program.
Individuals whose occupations need them to interact directly with tax provisions, on the other hand, are more likely to attend the course. Accountants, finance managers, internal auditors, tax consultants, tax preparers, and other accounting and finance professionals are among them.For more details ,kindly 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 UAE registered and approved Tax Agency by the Federal Tax Authority (FTA) with TAN 30001937 and financial services consultancy, providing cost effective value added solutions to meet all your business needs under one roof.KBA covers a wide range of accountancy services, from management accounts and business planning to VAT returns and Payroll. Our accountancy clients come from many different backgrounds and industries, both in the UAE and overseas.
We have a fast-growing team of qualified & dedicated professionals with an innovative and commercial approach to meet today’s highly challenging business environment. We are passionate about our business and proud of our longstanding expertise and pleasing number of satisfied clients. We guarantee every client 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 commercial obligations and save as much tax as possible within the confines of the law. And recently we have achieved best TAX CONSULTANCY OF THE YEAR _ DUBAI BY MEA MARKETS and Clutch Award for best Accounting Firm in Dubai 2020 and 2021.
For more information kindly visit https://www.kbame.com