The course offers a detailed guide to managing VAT compliance. It covers tax procedure laws, penalties, tax agent roles, record-keeping, voluntary disclosures, and penalty waivers. Participants will also gain practical skills to prepare for and manage tax audits effectively.
Course Module Overview:
1. Understanding UAE Tax Procedure Laws
- Federal Law No. 7 of 2017 and its amendments.
- Administrative penalties: types, triggers, and computation.
- Roles and responsibilities of registered tax agents.
- Appeal processes: objections and escalation to the Tax Disputes Resolution Committee.
2. Compliance Essentials
- Record-keeping requirements: duration and format.
- Voluntary disclosures: when and how to submit corrections.
- Updates on tax audits and assessments: preparation and response.
- Administrative exceptions: applying for penalties waiver and refunds.
3. Tax Audit Preparation and Management
- Understanding rights and obligations during tax audits.
- Key steps to prepare for a tax audit.
- Responding to tax audit findings and addressing issues.
- Best practices for audit readiness and risk mitigation.
Participants will learn UAE tax procedure laws, compliance essentials like record-keeping and penalty waivers, and practical skills to prepare for and manage tax audits, ensuring effective VAT compliance.
ABOUT THE TRAINER 
CA Hemant Mundhra
CA Hemant Mundhra is a highly experienced Chartered Accountant and Management Accountant with over 15 years of expertise in the field. He is currently working as CFO on Demand at The Total CFO Management Consultancy in Dubai, UAE. Hemant helps clients solve their financial management needs by providing actionable documents like business plans, valuation and budget documents, with additional services in compliance, corporate governance, and taxation matters.
