Premier Brains organizes various knowledge sharing and training sessions on the recently introduced Value added VAT in UAE.
In our VAT sessions, we cover various topics such as:
- Basics of UAE VAT
- Concepts of zero-rated and exempt supplies
- Designated zones
- Recoverability of Input VAT
- How to prepare VAT return
- Areas to consider in AR
- Areas to consider in AP
- Information to be reported in VAT return
- Checks on the return figures
- Steps to complete the return on the FTA portal
- Audit trail and record keeping
- Case study on VAT return filing