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What are all the opportunities expected for Tax-experts in upcoming UAE/Gulf - Value Added Tax Law (VAT)?

Also send your views on challenges & advantages of Value Added Tax (VAT) in UAE/ Gulf countries.

Local Taxation Accounting VAT
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Question added by RAJESH DESHKULKARNI GOPAL , Group Accounts & Tax Manager , Confidential Group
Date Posted: 2017/03/04
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Deleted user
by Deleted user

The future VAT will have a very important influence on the activities of tax experts, and it will create several enriching opportunities for the economy.

 

 

Muhammad Naveed Yar Khan
by Muhammad Naveed Yar Khan , Senior Tax & Treasury Accountant , SAIPEM PORTUGAL COMMERCIO MARITIMO

The upcoming Value Added Tax (VAT) will create above 5,000 opportunities for Tax experts, Accountants, and consultants. Most of the companies are now under pre-implementation of VAT process in GCC as it suppose to be implemented in 1st January 2018. They will further registered their business once VAT Law for GCC confirmed. 

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