VAT (Value-Added Tax in The GCC)
GCC VAT is on its way. The Legislation, Regulations and Framework will be announced in the months to come, creating challenges for businesses to develop and design a road map for coping with changing scenarios. VAT implementation will challenge all aspects of businesses ranging from internal to external stakeholders to process, business models, supply chain partnerships, pricing strategies and, sustainability.
Around 95% of the consumer goods and services will attract VAT which poses a big challenge to business enterprises as they need to prepare themselves for upcoming challenges.This program is specifically designed to introduce the concept of VAT to the enterprises operating in GCC region. The training will help entities in gaining an insight of upcoming challenges arising from the implementation of VAT, changes in their cash flows, profitability, sales and cost structures.