Training Program for Corporate Tax, VAT, and Transfer Pricing

Training Program for Corporate Tax, VAT, and Transfer Pricing

  • Hayford Integrated Training Institute, Dubai
khda
Corporate Tax, VAT, and Transfer Pricing
Contact Details

Training Program for Corporate Tax, VAT, and Transfer Pricing

Hayford Integrated Training Institute is thrilled to present a comprehensive 15-hour training program spanning three days, focused on Corporate Tax, VAT, and Transfer Pricing. Join us for an in-depth exploration of key topics essential for professionals navigating the complex landscape of taxation and financial compliance.

Benefits :

  • Applicatory knowledge and skills of Corporate Tax, VAT and Transfer Pricing
  • Staying abreast with the latest Tax framework knowledge to manage the risk of non-compliance
  • Getting acquainted with specialized areas of Tax such as International Taxation and Transfer Pricing
  • Becoming a part of the professional community that can provide real time solutions and career opportunities

Who Should Attend :

  • Aspirants of Tax, Accounting, and Finance careers
  • Tax practitioners seeking deep understanding of the Tax framework
  • Business owners and managers looking out to avoid Tax penalties
  • Anyone seeking a comprehensive understanding of corporate tax, VAT, and Transfer Pricing

UAE Corporate Tax

Day 1 (5 hours)

Tax Rate, Persons, Taxable Income, Deductions and Reliefs (Article 1 to 33)

  • Different types of persons attract different taxability, rates, and exemptions
  • Types of income can be taxable or exempt
  • Allowable deductions vary in type and extent
  • Rules for interest expense deduction and reliefs exist
  • Key definitions and concepts of persons are essential
  • Considerations for establishments or business presence in the UAE Mainland, Free Zone, or foreign jurisdictions
  • Understanding taxable income and factors influencing taxability
  • Testing candidates’ knowledge on residency and source of income
  • Exploration of the extent of taxability of income earned
  • Scenarios to test participants understanding of applying corporate tax in UAE
  • Argumentation on scenarios with changing variables for clarity
  • Rationale behind applying corporate tax on a person under UAE legislation.

Tax Groups, Tax Calculation and Settlement

(Article 34-70)

  • Transfer and adjustment of Tax Loss between related Parties and within Tax Groups
  • Consideration of Connected Persons, currency, Withholding, and Foreign Tax Credit
  • Understanding the Corporate Tax Return process
  • Payment and settlement procedures for Corporate Tax Payable
  • Refunds and Anti-Abuse rules in the context of Corporate Tax
  • Evaluation of candidates’ views in scenarios involving Arm’s Length rule
  • Analysis of scenarios related to Related Parties, Connected Persons, and Tax Groups
  • Assessment of whether relevant provisions of Corporate Tax law apply
  • Identification and mapping of gaps in understanding
  • Utilization of explanatory navigation technique to guide candidates to the correct conclusions.

UAE Arm Length Transfer Pricing

Day 2 (5 hours)

This course is designed to empower you with essential knowledge and skills in transfer pricing. Whether you’re a finance professional looking to enhance your expertise or an aspiring specialist aiming to navigate the complexities of international taxation, this course is tailored to meet your needs.

  • Transfer Pricing – Introduction & Basics
  • Functional Analysis (FAR) – In Practice
  • Methods of Transfer Pricing
  • Economic Analysis including comparable search on Database
  • Transfer Pricing Compliances – Documentation & Disclosure
  • Transfer Pricing in UAE Context – Practical Case Studies

Latest VAT Updates

Day 3 (4 hours)

VAT Scope, Supplies, Registration, Taxability and Designated Zones

  • Applicability of VAT on the supply of Goods and Services
  • Consideration of timing and value of supply in the context of VAT
  • Examination of VAT implications on Imports and Exports
  • Differentiation between Standard and Zero Rates for VAT
  • Understanding the Reverse Charge Mechanism under VAT
  • Impact analysis of Designated Zones on VAT
  • Requirement for VAT registration and criteria for eligibility
  • Identification of various types of supplies under VAT
  • Differentiation between Taxable and Exempt Supplies
  • Methods to determine the time and value of supplies for VAT purposes
  • Exploring the benefits associated with companies registered in Designated Zones.

VAT Return Components, Preparation, Settlement, VAT Documentation and Audits

  • Charging and recording procedures for Output VAT
  • Handling and recording of Input VAT
  • Allocation and apportionment of Input VAT
  • Consideration of adjustments and voluntary disclosure in the VAT process
  • Preparation and submission requirements for VAT Return
  • Payment procedures for VAT liability
  • Proper practices for issuing VAT invoices
  • Handling Credit Notes in the context of VAT
  • Importance of record-keeping in VAT compliance
  • Understanding the processes and implications of VAT audits
  • Awareness of penalties associated with non-compliance in VAT
  • Practical application of knowledge in critical areas of VAT compliance.

Course Details

Course Fee:

AED 1,500

Course Duration:

15 hours

Mode:

Face to face &

Online

Location:

Silver tower ,

JLT Dubai

khda

Awarding Body: KHDA

Participants will get KHDA & Hayford certification upon completion of course.

Muhammad Altaf Hussain

Senior Partner at AJMS Global Dubai, & Trainer at Hayford Integrated Training Institute

Ex Big 4 with 23 years of experience in Taxation & Advisory

Corporate Tax, VAT, and Transfer Pricing
Contact Details

Why Choose Hayford?

Hayford Integrated Training Institute is one of the prestigious training institutes in the region and has a global presence. Hayford serves the professional and student community in the region and globally through its best-in-class training and development programmes.

Hayford led by an eminent team of experts with a cumulative experience of 300+ years of professional experience in varied industries and professional domains now offers a conducive environment for the students to develop their knowledge, learn from the masters and practice what they have learned.

Hayford Advantage:

Live online Classes

Exam Rediness

Flexible Schedules

Concise Study Material

Recorded Lectures

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