If you are doing business in GCC, Value Added Tax (VAT) will impact almost all of your business transactions as and when it will be implemented. In UAE from 1st January 2018, VAT will be implemented. This means that there could be potentially a large VAT impact on your business.
The VAT Impact Assessment Services provided by Lynchpin Consulting includes assessment of VAT impact on all your business transactions’ touch-points. This will include VAT Impact Assessment on the following areas:
- VAT Impact on Sales Transactions
- VAT Impact on Purchase Transactions
- VAT Impact on Imports
- VAT Impact on Exports
- VAT Impact on Real Estate Transactions
- VAT Impact on Capital Assets
- VAT Impact on partially exempt business activities
- VAT impact on your long term contracts
The VAT impact assessment services not only provide you a potential financial VAT impact on your business but also a road-map to efficient and effective VAT implementation.
This would also provide an opportunity for your staff to get trained on key VAT Impact areas. We have trained over 400 professionals who are now able to independently handle VAT operations for their businesses.
Call us on +971-4-4370704 to discuss your potential VAT Impact Assessment Plan.