Impact of VAT on trading companies

This webinar was conducted on 21st May 2018, Monday. Watch the recording below:

Vat on trading companies - recording

As trading is one of the largest sector in UAE, this webinar will address the challenges faced by trading businesses. Many businesses are still unclear about VAT impact on various business scenarios such as,

  • Sales from designated zones to mainland entities and vice-versa

  • Documentation required for exports and imports

  • Reverse charge mechanism on import of goods

  • Concept of deemed supply

  • VAT on stock adjustments

  • Bad debts

  • Invoice formats – Simplified tax invoice and detailed tax invoice

Speaker bio

Vat on trading companies - speaker

Gaurav Verma,
Senior Consultant – VAT and FinTech, Outcome Solutions & Services LLP

Gaurav Verma is a Chartered Accountant with 9 years of experience in the field of indirect taxes and process automation. He has a keen interest in automating business processes and has helped various Indian clients in implementation of various ERP tools including Zoho Books.