Home News VAT Seminar on NAFL – April 18th 2017

VAT Seminar on NAFL – April 18th 2017

Home News VAT Seminar on NAFL – April 18th 2017

VAT Seminar on NAFL – April 18th 2017

by mbrotzakis

Presenting the impact VAT will have on the Logistics and Freight Forwarding Industry at UAE’s National Association of Freight & Logistics event held at Meydan Hotel on the 18th of April 2017. As a Tax Consultant with 20+ years of experience in the E.U, offered insights on the challenge the industry will have to face. Correct application of VAT rules in international, local and intra-GCC transactions, where the legs of transportation, place of delivery and who is your customer will stress Finance & Billing departments to correctly charge VAT on services offered. The key areas the member firms of the industry will have to focus is update of IT systems with focus on VAT controls, strong KYC (Know-your-customer) and above all extensive & repeated training of their Finance and Billing departments.

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