Basics of UAE Corporate Tax and VAT

What will be Covered in the Course?

Day 1: Introduction to UAE Corporate Taxation and Business Landscape

• Types of Companies: Onshore, Free Zone, and Offshore
• Types of Licenses: Commercial, Professional, Industrial, and Tourism
• Corporate Tax Overview: Scope, objectives, and types of taxed and non-taxed entities
• VAT Overview: Structure, exemptions, and economic significance

Day 2: UAE Corporate Tax Framework

• Tax Rates and Taxable Income: Calculating and understanding exemptions and deductions
• Tax Registration and Compliance: Requirements, timelines, and sample registration
• Filing Requirements: Deadlines, penalties, and hands-on filing guide

Day3: VAT in the UAE - Fundamentals and Compliance

• Key VAT Principles: Rates, taxable supplies, input and output VAT
• VAT Registration Process: Thresholds, requirements, and sample registration
• VAT Filing and Payment: Return structure, submission, and practical filing exercise

Day 4: Corporate Tax and VAT - Advanced Topics and Special Cases

• Corporate Tax Exemptions and Deductions: Allowable expenses and income exemptions
• VAT Adjustments and Refunds: Process for adjustments and refunds
• VAT on Cross-Border Transactions: Imports, exports, and reverse charge mechanisms

DAY 5: Practical Application, Compliance, and Case Studies

• Practical Filing and Compliance Check: Filing VAT and corporate tax returns
• Common Challenges and Penalties: Common issues and compliance tips
• Case Studies and Q&A: Real-life scenarios and participant-specific questions

Course Highlights:

• E-Notes: Comprehensive PDF notes for your reference.
• Interactive Q&A: Q&A sessions after each live class for enhanced learning.
• E-Certificate from Edukating

About Faculty

CA Mohd Asim Prepared detailed corporate tax reports, ensuring accuracy and compliance with UAE Federal Tax regulations.Led the creation and submission of tax proposals for new and existing clients.Successfully managed the corporate tax registration process for multiple clients across various jurisdictions. Analyze clients' financial data and recommend tax-efficient solutions to minimize liabilities and maximize savings.Collaborate with clients to develop effective tax strategies aligned with their financial goals and objectives.Stay updated on relevant tax legislation, regulations, and rulings to provide accurate and current advice.Prepare and review tax returns, ensuring compliance with tax laws.

Terms and Conditions:

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