VAT has been a feature of tax systems in over 150 countries all over the world, which has been implemented in some GCC countries from January 2018. An inherent feature of the VAT is the self-assessment nature. Every business which will be VAT registered (or required to be VAT registered) must record, assess, and report its VAT obligations and entitlements, in accordance with the law, to the tax authorities.
Early awareness and preparation for the potential implications and opportunities are paramount to ensure smooth transition and optimization of the costs for every organization which is subject to VAT.

By our Hands-on and Interactive Approach, we can assist our clients in:

Implementation of VAT operating model, within your organization across Finance, Tax, and Supply Chain functions. Preparation of periodic VAT returns for filing with the tax authorities (either monthly or quarterly). Training and Coaching Support, including VAT Theory, practical implication of VAT Transformation and Consolidation.