Webinar: GCC, are you ready for the introduction of VAT?
Learn how your organization can meet the 2018 deadline for calculating, booking and reporting of Value-Added-Tax.
The Member States of the Gulf Cooperation Council (GCC) have signed the Unified VAT Agreement for the GCC. Based on this treaty, each of the six Member States must implement its own legislation. The introduction of VAT (value added tax) will affect all GCC based firms and represents a fundamental change to business operations in a region with little history of taxation. But many firms are not prepared for the introduction of VAT. Based on current plans, the UAE government is planning to introduce the VAT from January 2018.
In response to this, BearingPoint is currently developing a VAT module on the basis of its proven real-time calculation platform EasyTax to support companies with the implementation of a central VAT engine. Learn more in our free webinar session and register today.