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Understanding VAT in the UAE

Event Details

Date: 24 May 2022
Time: 10:30 am - 12:00 pm UAE Local Time
Add to Calendar 05/24/2022 10:30 am 05/24/2022 12:00 pm Asia/Dubai Understanding VAT in the UAE Still a relatively new tax in the UAE, VAT for b Dubai Chamber

Still a relatively new tax in the UAE, VAT for businesses still causes some confusion. We will explain exactly what it is, who needs to charge it, how much and how to prepare for VAT as you grow your revenue.

In this 90-minute session we will look at:
● What exactly is VAT
● Who needs to charge it, and exactly when
● How to manage VAT yourself
● How to outsource VAT management to your accountant
● How to prepare your business for future VAT eligibility

Guest Speaker: Gemma Nye
Gemma Nye is the founder of GoFigure Accounting, a boutique financial services partner for SMEs - from startup through the various stages of growth.
She graduated from Liverpool University in the UK with a BA Hons in Accounting, and after a year travelling Australasia and South America, she started her professional career in the Oil & Gas Industry, where she successfully qualified as a Chartered UK ICAEW Accountant.
After 5 years in the UK, she moved to the UAE in 2009 to join an O&G company in the capacity of Finance Controller, before moving into the Events sector in 2014 operating as a Finance Manager. In late 2019, she decided the time was right to branch out and establish a freelance accounting services business and thus GoFigure was born.
Go Figure's specialisms are providing business insights, monthly management accounting packs, VAT returns, cost efficiency studies, and bespoke financial services specifically tailored to individual SME requirements.

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