Value Added Tax (VAT) – Implementation in Saudi Arabia/ Gulf

General Concepts, Operations, Implementation and Accounting of VAT

Created by: Hafiz Mehmood
CPA

What Will I Learn?

• Learn Concept and Principles of VAT
• Know its implication in Saudi Arabia and gulf
• What is subject to standard rate, zero rate or exempt.
• How to handle Export and Imports
• How to do VAT Accounting for VAT Payable/ Receivable/ Neutral
• How to handle discounts and adjustments
• How to fill a VAT Return

Requirements

• Degree or Diploma in Accounting/ Tax

Target audience

• This course is for Accountants, Consultants and Administrators who manage VAT or going to manage it soon.