❗The content presented here is sourced directly from Udemy platform. For comprehensive course details, including enrollment information, simply click on the 'Go to class' link on our website.
Updated in [July 25th, 2023]
Tax Accountants are in high demand in the Gulf as the GCC is implementing Value Added Tax (VAT). This course assists Accountants and stakeholders in understanding VAT concepts and operations, as well as providing guidance on VAT accounting. VAT has already been implemented in many parts of the world, and now it is the Gulf's turn. Pre-implementation work has been completed and, as of January 1, 2018, all registered businesses have begun charging VAT on supplies of goods and services within Saudi Arabia.
As the member states in the GCC are negotiating to treat the GCC as a single territory, the concepts and rules are similar in all states, with minor exceptions. This course will help prepare all Accountants and administrators in the Gulf for this implementation process. Upon completion of the course, they will be equipped to respond to this implementation challenge and lead their organization through the process, as well as train their team to achieve the best output and organizational goals.
Course Syllabus
Introduction & VAT Concept
VAT in International Trade and Special Items
VAT Accounting and VAT Return