VAT Courses in Dubai

Xact Auditing has launched an exclusive program of VAT courses in Dubai. Our VAT courses in Dubai covers all the VAT related subjects such as VAT return filing, VAT accounting, VAT voluntary disclosure, VAT refunds, VAT registration, VAT invoice, VAT audit, VAT errors, VAT rates, and much more. The objective of our VAT training in Dubai is to assist all the accountants and tax experts and all the professionals across the UAE to understand the basic and technical mechanism of VAT in UAE.

Our VAT training courses in Dubai will ensure that your business is following the rules and regulations of the Federal Tax Authority (FTA). VAT training will enable you to implement VAT properly and efficiently in the organization. Our VAT experts are offering practical and real-time training to enhance the understanding of VAT and all the subjects related to VAT.

Our VAT courses in Dubai can be one to one or a group session and will give you a comprehensive understanding of VAT in UAE.

VAT Training in Dubai

The purpose of VAT training in Dubai is to create awareness regarding the implementation of VAT. Our dedicated VAT training program offers a comprehensive knowledge of VAT principles and helps you analyze and ensure that all the financial operations of a company are in line with the Federal Tax Authority (FTA) laws.

Our VAT experts help the organizations and professionals to comply with VAT laws and regulations. A single tiny mistake will lead to heavy VAT fines and penalties from FTA. To avoid VAT fines, a better understanding of VAT will help you to enhance the performance of your business by implementing VAT smoothly and efficiently.

VAT Course Outline

VAT Concept

• What is VAT?
• VAT in UAE
• VAT Implementation
• Input VAT 
• Output VAT

VAT Rates in UAE

• Standard rated VAT
• Zero-rated VAT
• Exempt VAT
• Products & services under the category of standard rated VAT (5%)?
• Products & services under the category of zero-rated VAT (0%)?
• Products & services under the category of exempt rated VAT (No VAT)?

VAT Registration

• How to register a company under VAT? 
• Online VAT registration
• Documents required for VAT registration
• On what basis a company should register?

Calculation of VAT

• VAT calculation on export
• VAT calculation on import
• VAT calculation with the different zones in UAE
• Input VAT calculation
• Output VAT calculation

VAT Invoicing

• Simplified VAT invoice
• Full VAT invoice
• Rounding on the VAT invoice
• VAT invoices issued on foreign currencies
• Invoicing procedures

VAT Compliance

• How to file VAT return?
• How to claim a VAT refund?
• How to correct errors after submitting VAT return filing?
• How to submit a VAT Voluntary Disclosure?
• VAT reconsideration
• VAT amendments

VAT Accounting

• How to maintain VAT records and books of accounts?
• Accounting and bookkeeping under VAT
• Essential configuration of VAT with accounting software
• Credit and debit notes under VAT

VAT fines & Penalties

• VAT errors and their respective VAT fines and penalties
• How to fix a VAT error
• VAT health check
• VAT Audit

Who needs VAT Training

Value-added tax (VAT) is a complex and constantly evolving area of taxation, and individuals and businesses in countries that have implemented VAT may benefit from VAT training to ensure they have a thorough understanding of VAT principles and practices.

Some of the groups of people who may benefit from VAT training include:

• Business owners and employees: VAT can have a significant impact on businesses, and it is important for business owners and employees to understand how to calculate, record, and report VAT. VAT training can help businesses ensure compliance with VAT regulations and avoid costly mistakes.
  
  
• Tax professionals: VAT training can help tax professionals, such as accountants and tax advisers, to stay up to date on the latest VAT laws and regulations and to provide accurate advice to their clients.
  
  
• Individuals: Individuals who are responsible for managing their own finances, such as self-employed individuals or small business owners, may also benefit from VAT training to ensure they understand their VAT obligations and can accurately calculate and report VAT on their sales and purchases.

Xact Auditing will ensure that your business is following the rules and regulations of the Federal Tax Authority (FTA), For this purpose we start VAT training courses in Dubai.  VAT training will enable you to implement VAT properly and efficiently in the organization. Our VAT experts are offering practical and real-time training to enhance the understanding of VAT and all the subjects related to VAT.

Xact Auditing is one of the registered tax consultants in UAE and covers all the elements of VAT. Xact is offering a vast range of VAT services in Dubai, Contact Us.

Xact Services