VAT Help
Aug 30th 2017, 9:13 am
#1
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Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
VAT Help
Hi Folks, i was wondering if anyone could please recommend a company/agent who i could engage to help us set up for VAT.
I approached our auditors KPMG, and they came back with a proposal with a fee of frigging $57k!
We are a small company in Dubai (annual turnover £7m) and our operations are fairly straight forward and so this fee just seems way over the top (the proposal seems to be geared up for a much bigger and complex organisation).
I don't need anyone to assist me in setting up for the actual calculation of the VAT, since I can manage this myself using our own in-house finance software. What I need help/advise/guidance on is getting the company registered for VAT and working out which of our services and goods were will be subject to VAT, zero rated, exempt etc.
If anyone could recommend someone/a company, then i would be very grateful. Thanks.
I approached our auditors KPMG, and they came back with a proposal with a fee of frigging $57k!
We are a small company in Dubai (annual turnover £7m) and our operations are fairly straight forward and so this fee just seems way over the top (the proposal seems to be geared up for a much bigger and complex organisation).
I don't need anyone to assist me in setting up for the actual calculation of the VAT, since I can manage this myself using our own in-house finance software. What I need help/advise/guidance on is getting the company registered for VAT and working out which of our services and goods were will be subject to VAT, zero rated, exempt etc.
If anyone could recommend someone/a company, then i would be very grateful. Thanks.
Aug 30th 2017, 10:09 am
#2
BE Enthusiast
Joined: Jun 2010
Location: Dubai
Posts: 585
Re: VAT Help
I got an invite to the following in a couple of weeks - not sure how much to attend, but considerably less than $57k. Contact details are at the end
With the VAT forum fast approaching, I wanted to make sure you are aware of some of the key sessions that will be covered over the course of 2 days (Meydan Hotel, Dubai, UAE). These will be presented by tax experts from the Big 4 plus other finance experts in the region.
DAY ONE: 11 SEPTEMBER 2017
VAT framework, law overview, planning and preparation
VAT framework and law overview: Introducing VAT in the GCC
Planning and preparation: The ultimate VAT business checklist
The CFO perspective: Learning from the region
Key VAT business impacts: Identifying risks and challenges
Covering all bases: Managing internal and external communications
Cash flow management in focus: Protecting your finances
Avoiding complexities: Understanding intra-GCC and cross-border transactions under VAT
Sales and marketing: Managing demand of goods and services
Beyond VAT implementation: Avoiding costly penalties
Post-implementation: How to avoid pitfalls?
Lessons learnt from around the globe: Mitigating risks and preventing penalties
ERP or Engine? Understand your options for the fastest and most impactful solution for VAT in the GCC
GCC VAT Q&A: Your questions answered
One-to-one VAT advisory sessions: Gain access to private one-to-one consultation sessions allowing you to benefit from first-hand insight from the Big 4.
DAY TWO: 12 SEPTEMBER 2017
Managing your system impacts to achieve compliance
Sector-specific VAT streams so you get the information most relevant to you.
VAT in development and construction
VAT in financial services and banking
VAT in oil and gas
VAT in retail, hospitality, travel and tourism
Download the agenda to find out more details!
We’ve had huge interest in this event and expect seats to sell out fast. If you think you might benefit, then you’ll want to secure your seat at our early bird rate today!
Hurry! View the pricing and register online before 3 August to save up to US$100. (Please have your credit card ready while making the payment online)
We look forward to meeting you at the event.
Kind regards,
Joanne Mount
Conference Director - IQPC Middle East
Tel: +971 4 364 2975
Email: [email protected]
P.S. Want to see which companies attended our previous VAT forums? Download the attendee list now>>
With the VAT forum fast approaching, I wanted to make sure you are aware of some of the key sessions that will be covered over the course of 2 days (Meydan Hotel, Dubai, UAE). These will be presented by tax experts from the Big 4 plus other finance experts in the region.
DAY ONE: 11 SEPTEMBER 2017
VAT framework, law overview, planning and preparation
VAT framework and law overview: Introducing VAT in the GCC
Planning and preparation: The ultimate VAT business checklist
The CFO perspective: Learning from the region
Key VAT business impacts: Identifying risks and challenges
Covering all bases: Managing internal and external communications
Cash flow management in focus: Protecting your finances
Avoiding complexities: Understanding intra-GCC and cross-border transactions under VAT
Sales and marketing: Managing demand of goods and services
Beyond VAT implementation: Avoiding costly penalties
Post-implementation: How to avoid pitfalls?
Lessons learnt from around the globe: Mitigating risks and preventing penalties
ERP or Engine? Understand your options for the fastest and most impactful solution for VAT in the GCC
GCC VAT Q&A: Your questions answered
One-to-one VAT advisory sessions: Gain access to private one-to-one consultation sessions allowing you to benefit from first-hand insight from the Big 4.
DAY TWO: 12 SEPTEMBER 2017
Managing your system impacts to achieve compliance
Sector-specific VAT streams so you get the information most relevant to you.
VAT in development and construction
VAT in financial services and banking
VAT in oil and gas
VAT in retail, hospitality, travel and tourism
Download the agenda to find out more details!
We’ve had huge interest in this event and expect seats to sell out fast. If you think you might benefit, then you’ll want to secure your seat at our early bird rate today!
Hurry! View the pricing and register online before 3 August to save up to US$100. (Please have your credit card ready while making the payment online)
We look forward to meeting you at the event.
Kind regards,
Joanne Mount
Conference Director - IQPC Middle East
Tel: +971 4 364 2975
Email: [email protected]
P.S. Want to see which companies attended our previous VAT forums? Download the attendee list now>>
Aug 30th 2017, 11:28 am
#3
Account Closed
Joined: Feb 2011
Posts: 0
Re: VAT Help
Mission, there is a website dedicated to it that someone shared.
This has some info but isn't the one I saw before; VAT
There's a special bit for businesses too.
Remember - the government want your VAT revenue, they'll have ways of helping you to make sure they get it.
This has some info but isn't the one I saw before; VAT
There's a special bit for businesses too.
Remember - the government want your VAT revenue, they'll have ways of helping you to make sure they get it.
Aug 30th 2017, 12:20 pm
#4
BE Enthusiast
Joined: Jul 2013
Location: Dubai
Posts: 990
Re: VAT Help
I believe there are a couple of Nigerians willing to help, they have some blank forms that when you pour the magic liquid on them shazam completed VAT forms!!!!
Aug 30th 2017, 12:56 pm
#5
BE Forum Addict
Joined: Jan 2011
Location: Dubai
Posts: 3,467
Re: VAT Help
Price x 1.05 = Price inc VAT.
$56 K please.
:-)
$56 K please.
:-)
Sep 6th 2017, 9:46 am
#6
BE Forum Addict
Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
Re: VAT Help
I got an invite to the following in a couple of weeks - not sure how much to attend, but considerably less than $57k. Contact details are at the end
With the VAT forum fast approaching, I wanted to make sure you are aware of some of the key sessions that will be covered over the course of 2 days (Meydan Hotel, Dubai, UAE). These will be presented by tax experts from the Big 4 plus other finance experts in the region.
DAY ONE: 11 SEPTEMBER 2017
VAT framework, law overview, planning and preparation
VAT framework and law overview: Introducing VAT in the GCC
Planning and preparation: The ultimate VAT business checklist
The CFO perspective: Learning from the region
Key VAT business impacts: Identifying risks and challenges
Covering all bases: Managing internal and external communications
Cash flow management in focus: Protecting your finances
Avoiding complexities: Understanding intra-GCC and cross-border transactions under VAT
Sales and marketing: Managing demand of goods and services
Beyond VAT implementation: Avoiding costly penalties
Post-implementation: How to avoid pitfalls?
Lessons learnt from around the globe: Mitigating risks and preventing penalties
ERP or Engine? Understand your options for the fastest and most impactful solution for VAT in the GCC
GCC VAT Q&A: Your questions answered
One-to-one VAT advisory sessions: Gain access to private one-to-one consultation sessions allowing you to benefit from first-hand insight from the Big 4.
DAY TWO: 12 SEPTEMBER 2017
Managing your system impacts to achieve compliance
Sector-specific VAT streams so you get the information most relevant to you.
VAT in development and construction
VAT in financial services and banking
VAT in oil and gas
VAT in retail, hospitality, travel and tourism
Download the agenda to find out more details!
We’ve had huge interest in this event and expect seats to sell out fast. If you think you might benefit, then you’ll want to secure your seat at our early bird rate today!
Hurry! View the pricing and register online before 3 August to save up to US$100. (Please have your credit card ready while making the payment online)
We look forward to meeting you at the event.
Kind regards,
Joanne Mount
Conference Director - IQPC Middle East
Tel: +971 4 364 2975
Email: [email protected]
P.S. Want to see which companies attended our previous VAT forums? Download the attendee list now>>
With the VAT forum fast approaching, I wanted to make sure you are aware of some of the key sessions that will be covered over the course of 2 days (Meydan Hotel, Dubai, UAE). These will be presented by tax experts from the Big 4 plus other finance experts in the region.
DAY ONE: 11 SEPTEMBER 2017
VAT framework, law overview, planning and preparation
VAT framework and law overview: Introducing VAT in the GCC
Planning and preparation: The ultimate VAT business checklist
The CFO perspective: Learning from the region
Key VAT business impacts: Identifying risks and challenges
Covering all bases: Managing internal and external communications
Cash flow management in focus: Protecting your finances
Avoiding complexities: Understanding intra-GCC and cross-border transactions under VAT
Sales and marketing: Managing demand of goods and services
Beyond VAT implementation: Avoiding costly penalties
Post-implementation: How to avoid pitfalls?
Lessons learnt from around the globe: Mitigating risks and preventing penalties
ERP or Engine? Understand your options for the fastest and most impactful solution for VAT in the GCC
GCC VAT Q&A: Your questions answered
One-to-one VAT advisory sessions: Gain access to private one-to-one consultation sessions allowing you to benefit from first-hand insight from the Big 4.
DAY TWO: 12 SEPTEMBER 2017
Managing your system impacts to achieve compliance
Sector-specific VAT streams so you get the information most relevant to you.
VAT in development and construction
VAT in financial services and banking
VAT in oil and gas
VAT in retail, hospitality, travel and tourism
Download the agenda to find out more details!
We’ve had huge interest in this event and expect seats to sell out fast. If you think you might benefit, then you’ll want to secure your seat at our early bird rate today!
Hurry! View the pricing and register online before 3 August to save up to US$100. (Please have your credit card ready while making the payment online)
We look forward to meeting you at the event.
Kind regards,
Joanne Mount
Conference Director - IQPC Middle East
Tel: +971 4 364 2975
Email: [email protected]
P.S. Want to see which companies attended our previous VAT forums? Download the attendee list now>>
unfortunately 11/09 coincides with my Aug month end reporting deadlines and hence not possible to attend
Mission, there is a website dedicated to it that someone shared.
This has some info but isn't the one I saw before; VAT
There's a special bit for businesses too.
Remember - the government want your VAT revenue, they'll have ways of helping you to make sure they get it.
This has some info but isn't the one I saw before; VAT
There's a special bit for businesses too.
Remember - the government want your VAT revenue, they'll have ways of helping you to make sure they get it.
Sep 14th 2017, 8:40 am
#8
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Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
Sep 14th 2017, 11:15 am
#10
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Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
plonker
Sep 28th 2017, 11:40 am
#11
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Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
Re: VAT Help
has anyone either registered their company or had their company registered for VAT yet?
Sep 28th 2017, 11:55 am
#12
Account Closed
Joined: Feb 2011
Posts: 0
Re: VAT Help
Said the financial controller, with a hint of panic.
Sep 28th 2017, 12:35 pm
#13
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Thread Starter
Joined: Jul 2008
Location: Dubai
Posts: 2,843
Sep 28th 2017, 12:56 pm
#15
BE Enthusiast
Joined: Jul 2013
Location: Dubai
Posts: 990
Re: VAT Help
Last one I think might be the one you are looking for
