14th November, The Address Boulevard, Dubai, UAE

Impact of VAT on businesses:

Final Preparations seminar


Register Today

Agenda

14th November 2017


08:30REGISTRATION AND NETWORKING
09:00WELCOME REMARKS

    Lindsay Degouve De Nuncques, Head of ACCA – Middle East

09:05DRIVING ECONOMIC VALUE WITH THE IMPLEMENTATION OF VAT

    Ahmad Darwish, Vice Chairman and CEO of Dubai Office, Accountants and Auditors Association

09:15VALUE ADDED TAX IN THE UNITED ARAB EMIRATES

    At the time of the event, there will be less than eight weeks to go before the implementation date. During this session, we will aim to highlight any development, discuss the framework (should this have been launched), and share a ‘where are we now’ update on VAT in the UAE which sets the tone for the remainder of the event.

    Chas Roy-Chowdhury, Head of Taxation, ACCA

09:45VAT: OVERVIEW OF INDUSTRY IMPACT

    We already have an insight into VAT and the key considerations that need to be taken into account now. But how does it really impact industries? What does the introduction mean for particular sectors? Given the importance of VAT, this session will look at the impact to industries and free zones - providing a real technical viewpoint on key considerations into the latter stages of the VAT implementation phase.

    Sana Azam, VAT Director, EY

10:15THE IMPACT OF VAT COMPLIANCE ON BUSINESS

    Ascertaining the impact VAT will have on a business and the changes required is an essential step in any VAT implementation process. Once understood, an effective VAT compliance and management plan can be developed and put into action – given we would be less than eight weeks from implementation, this session would be timely. Our research suggests that while there is awareness that VAT will have a broad impact, only 11% of respondents understand the impact that VAT implementation will have on their business. This session will highlight the impact of VAT and how businesses can prepare. During the course of the session, the case for technology in relation to ongoing management will be highlighted further.

    Pierre Arman, Market Development Lead for Tax and Accounting, MENA, Thomson Reuters

11:00PANEL SESSION: INDUSTRY PERSPECTIVES ON THE VAT LANDSCAPE IN THE UAE AND GCC

    Ascertaining the impact VAT will have on a business and the changes required is an essential step in any VAT implementation process. Once understood, an effective VAT compliance and management plan can be developed and put into action – given we would be less than eight weeks from implementation, this session would be timely. Our research suggests that while there is awareness that VAT will have a broad impact, only 11% of respondents understand the impact that VAT implementation will have on their business. This session will highlight the impact of VAT and how businesses can prepare. During the course of the session, the case for technology in relation to ongoing management will be highlighted further.

    Moderated by Arif Mirza, Regional Head of Policy MENASA, ACCA

    Chas Roy-Chowdhury, Head of Taxation, ACCA

    Pierre Arman, Market Development Lead for Tax and Accounting, MENA, Thomson Reuters

    Ashfaque Patel, General Manager of Tax, Al Futtaim Group

    Robert F.J. van der Klauw, Regional CFO, Middle East & Africa, MetLife

    Ahmad Darwish, Vice Chairman and CEO of Dubai Office, AAA

    Jignesh Sanghvi, CFO, DMCC

    Thomas Vanhee, Partner, Aurifer

12:00CLOSING REMARKS

    Lindsay Degouve De Nuncques, Head of ACCA – Middle East


    *These sessions may be subject to minor change