VAT Course – Comprehensive Training & Certification for VAT.

Introduction to VAT Course by Legend Educational Services Center

At Legend Educational Services Center in Dubai, our VAT Course offers an in-depth exploration of Value Added Tax, designed to equip professionals with essential knowledge and skills in VAT compliance and accounting. Whether you’re looking to enhance your expertise or prepare for VAT certification, our course provides comprehensive training on VAT regulations, reporting requirements, and practical application. Led by industry experts, our program features flexible learning options and hands-on support to ensure you fully understand VAT principles and stay updated with the latest tax changes. Join us to advance your career with a robust understanding of VAT and excel in the dynamic field of taxation.

UAE/GCC Value Added Tax (VAT) Compliance

Course objective

To provide corporate professionals thorough knowledge and understanding about the theoretical and practical aspects of UAE and GCC taxation system and application.

Learning Outcomes

1. Understand and explain the framework and role of taxation in a contemporary business environment.

2. Use the relevant laws and regulations to explain the theoretical aspects of UAE and GCC taxation.

3. Apply the relevant facts and figures to demonstrate the financial aspects of UAE and GCC taxation.

4. Able to handle operational aspects of UAE and GCC taxation.

5. Able to deal with different taxation and their respective tax authorities of respective GCC country.

Framework and role of tax in contemporary business environment

Section One:

1. Meaning, features and importance of modern taxation.

2. Classification of tax and their applicability in various sectors of the economy.

3. Principles of global taxation and their merit and demerits.

4. Fiscal policy, its tools and importance for the growth and development of an economy.

5. Legal and ethical constraints towards the implementation of a taxation system.

Theoretical aspects of UAE/GCC taxation

Section Two:

1. Meaning, need and importance of values added tax.

2. Salient features of UAE/GCC value added tax.

3. Impact of value added tax on individuals, households and businesses.

4. Terminologies used in value added tax system.

5. Working and application of value added tax.

Financial aspects of UAE/GCC taxation

Section Three:

1. Documentary evidences in taxation.

2. Disclosure requirements with reference to taxation.

3. Tax accounting, reporting, and valuation of supplies.

4. Costing, pricing, and discounting in taxation.

5. Adjustments required in taxation, bad debts and its impact on profitability.

Operational aspects of UAE/GCC taxation

Section Four:

Filing of returns and payments.2.

Errors and their rectification in taxation.3.

Tax audits, refunds and recoveries.4.

Penalties, offenses and contesting decisions.5.

Application and implication of taxation on various types of entities.

Dealing with different taxation and their respective tax authorities.

Section Five:

1. Application of custom and excise duty and other taxation.

2. Dealing with federal and state tax authorities in operational matters electronically.

Time duration

The duration of diploma one (1) mothwith twenty(25) hours of extensive coaching and training covering the qualitative as well as quantitative aspects of taxation.

Eligibility Criteria

Bachelor degree holder in management science and above with no experience.
Below bachelor degree with at least one year experience of accounting and/or finance.