Saudi VAT Policy

INTRODUCTION

This specially-designed VAT online training course examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This GLOMACS online training course will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly. It will also help you develop your plan to successfully implement and maintain compliant VAT processes in your company.

Participants attending the GLOMACS VAT Framework online training course will develop the following competencies:

• Gain an overview of VAT’s introduction in KSA
• Discover the obligations and implications of the VAT legislation for KSA businesses
• Understand the principals of VAT
• Learn how to align finance processes and controls to ensure and maintain compliance 

Objectives

As a result of attending the GLOMACS VAT in KSA online training course, the participants will be able to: 

• Develop a better understanding of how VAT applies through the supply chain
• Know how to account for VAT
• Understand how to avoid VAT becoming a cost to your business
• Appreciate the impact of VAT across all your business units
• Have a roadmap on how to prepare your business for VAT

Training Methodology

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

WHO SHOULD ATTEND?

This GLOMACS online training course will benefit CFO’s, Finance Managers, Internal Auditors, Accountants, IT Managers, Procurement Managers, Managers of Accounts Payable or Accounts Receivable Departments, as well as Finance Professionals interested in developing their understanding of this new legislation.

The VAT in KSA online training will equally appeal to employees in the private, public and not-for-profit sectors.