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The UAE implemented VAT on 1 January 2018 pursuant to Federal
Decree-Law No. 8/2017 and the related Executive Regulations in
Cabinet Decision No. 52/2017. The UAE is one of three GCC countries
to implement its VAT legislation. LexisNexis, in collaboration with
Aurifer Tax, BSA Ahmad Bin Hezeem & Associates LLP and the DIFC
Academy, is running a Tax and VAT Training Programme on everything
you need to know from the Laws to the latest trends. This training
programme includes four courses, covering theoretical and practical
aspects.
Doing Business in the UAE - Tax & VAT in Business and
Practice11, 12, 18 & 19 November 2019 The Academy at DIFC, Gate
Village 2, Dubai International Financial Centre
Attend the full course and
earn 8 CLPD points!
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LEARNING OUTCOMES
Session 1: Overview of Tax & VAT in the UAE and GulfDuring
this session, attendees will have an opportunity to familiarise
themselves with various aspects of direct tax and VAT in the UAE
and greater GCC region. The course will touch upon the basic
principles of VAT as well as the recent double tax treaty between
the UAE and KSA.
Session 2: Economic Substance Regulations and Country-by-Country
ReportingThis session revolves around the recently published
cabinet decisions which introduced Economic Substance Regulations
and Country-by-Country Reporting requirements in the UAE. Attendees
will be informed on which businesses fall within the scope of these
new regulations and what this entails for businesses in the
UAE.
Session 3: Application of the VAT Laws in the UAEBy the end of
the session, attendees will have a better understanding of: » the
practical impact VAT has on business and what lawyers need to keep
in mind when drafting contracts where VAT is
involved; » how transactions can be structured around the VAT
Laws and to use the provisions in the VAT Law to avoid VAT
implications, as is allowed in terms of the VAT Law. » the
impact of VAT lawyers’ practices and how to use provisions of the
VAT Laws to their advantage.
Session 4: Maintaining Compliance in the VAT EnvironmentDuring
this session, we will look at: » the essentials of VAT compliance,
for application in practice, especially when drafting contracts and
during due diligence
exercises. » how VAT works in practice, particularly from the
perspective of the Federal Tax Authority, methods for deciphering
and
understanding the VAT Laws and how to get clear guidance on
uncertain VAT related issues. » avenues for objection and appeal
against decisions of the Federal Tax Authority and the tiers
thereof. » practical applications of the VAT Laws.
TARGET AUDIENCE
Legal Consultants, Advocates, and Corporate Counsel with
business interests in the UAE.
SPEAKERS
JOHN PEACOCK
Head of Indirect Tax and Conveyancing, BSA Ahmad Bin Hezeem
& Associates LLPJohn is the Head of Indirect Tax and
Conveyancing at BSA and is a qualified Attorney who has been
practicing for over twenty-five years. He was managing partner in a
law practice for 14 years where he was responsible for all
conveyancing, taxation and corporate matters. John is a Director of
The VAT Services Group. He has advised and represented numerous tax
payers in both tax and VAT disputes across various industries. He
also has extensive experience in legal due diligence and expert
reports on company governance, in commercial contracts and the
general conduct of business in the UAE and the GCC and regularly
acts on behalf of international law firms relating to complex and
cross-border transactions.
THOMAS VANHEE
Partner at Aurifer Middle East Tax Consultancy & Affiliate
Professor of Tax Law, Aurifer TaxThomas founded Aurifer, a boutique
tax firm established in Dubai. For more than a decade, Thomas
worked at tier 1 tax law firms in Brussels and Paris and completed
a secondment with Deloitte in the Gulf. He has been involved in
several high-profile deals and has worked for blue chip and quoted
companies and institutions in various sectors. In recent years
Thomas has been involved in tax policy in Europe and the Gulf. He
has also assisted businesses in assessing their readiness for the
introduction of VAT on 1 January 2018. Thomas is teaching VAT at
Paris Sorbonne Abu Dhabi in the first tax LL.M of its kind in the
Gulf. He also joined his former university (Solvay Brussels School
of Economics and Management) to teach an introductory course on tax
law to master students.
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PROGRAMME
Date & Time Topics to be covered Speaker
Session 1 11 November 201917:00 to 19:00
Overview of Tax & VAT in the UAE and Gulf» Origins of Tax
& VAT» Latest Tax & VAT trends in the UAE and the Gulf −
Double Taxation Treaties UAE: What does the recent UAE-KSA treaty
mean?» VAT laws in the UAE» Taxable persons and tax groups» Taxable
transactions
Session 2 12 November 201917:00 to 19:00
Economic Substance Regulations and Country-by-Country Reporting»
Economic Substance Regulations − Origin and purpose of the
introduction of economic substance legislation in
the UAE − What is economic substance? − Which entities are in
scope of the new legislation? − Reporting requirements − What is
the Economic Substance Test? − Risks and penalties»
Country-by-Country Reporting (CbCR) − Background − Entities in
scope − Which information needs to be shared under
Country-by-Country Reporting
legislation? − Exchange of information − Risks and penalties
Thomas Vanhee
Session 3 18 November 2019
17:00 to 19:00
Application of the VAT Laws in the UAE» Understanding VAT −
Goods and Services − Impact on different industries» How the VAT
Law impacts businesses and contracts − What lawyers must be aware
of − How VAT impacts specific agreements − What to be aware of when
drafting contracts − Common pitfalls to avoid when applying VAT in
practice» How VAT affects legal firms
John Peacock
Session 4 19 November 201917:00 to 19:00
Maintaining Compliance in the VAT Environment» Record Keeping»
Tax Audits» Assessments» Administrative Penalties» Clarifications»
Reconsiderations» Appeal Procedures» Enforcement
Thomas Vanhee
John Peacock
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FIRST NAME LAST NAME
JOB TITLE
COMPANY
EMAIL
TELEPHONE FAX
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ADDRESS
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REGISTRATION FORM
All fields in delegate details are mandatory and must be
completed in block letters
For more information or to book, contact:
MARLE VAN SANDWYK
[email protected]
+971 58 835 9491
PRICINGFull course USD700
Full course (early bird registration before 20 October 2019)
USD495
Per session USD 200
PAYMENT: Payment needs to be settled within one month of receipt
of invoice or before the first course date (of courses
elected).
CANCELLATION:If you are unable to attend, a substitute delegate
from the same firm will be very welcome in your place. If this is
not suitable, the course must be paid in full. If the date and/or
venue of the training course have been agreed and LexisNexis wishes
either to reschedule or cancel it, LexisNexis reserves the right to
apply the training fee to the rescheduled training or any future
training. If LexisNexis does not reschedule and cancel the
training, LexisNexis shall return the training fee to client less
an amount equal to any expenses incurred by LexisNexis in
connection with the provision of any services.
For immediate invoice and payment, register online at:
Lexis.ae/training-events
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