Member News

The year of 2018, finally led to Value Added Tax (VAT) becoming a reality for the Gulf Cooperation Council; a trade block inclusive of The kingdom of Saudi Arabia, United Arab Emirates, Kuwait, Oman, Bahrain and Qatar. Major economies like the Kingdom of Saudi Arabia and United Arab Emirates have already implemented VAT effective January 2018 and remaining GCC members are expected to follow with implementation soon.

The VAT tax, as a major financial reformation is expected to have significant impact on millions of businesses of all sizes across the board. There will be several VAT implementation issues to consider from studying its impact on business and formulate future planning, to internal and external resource allocation of compliance management, selecting technological support, management preference in relation VAT compliance risk management and finally ongoing compliance.

In this context, VATGlobal is privileged to announce that their United Arab Emirates business VATIT Consultant Gulf Ltd have been recognised as Registered Tax Agent with the Federal Tax Authority, UAE. 
Being the first and only International VAT Recovery and Compliance Consultant to achieve this feat, they affirm their commitment to assist privileged clients spread across continents, with the most professional guidance in managing their VAT matters and also ensuring optimum VAT tax recovery and professional compliance.

You can follow VATIT Consultant Guld Limited on the following pages
VATIT: https://www.linkedin.com/company/vatit/
VATGlobal: (VATIT Group) https://www.linkedin.com/company/vatglobal-vat-it-group-/

On LinkedIn-
Mohammad Taiyyab Sajid: https://www.linkedin.com/in/taiyyab-sajid-b3450830/
Gareth Kobrin: https://www.linkedin.com/in/gareth-kobrin-b6b15b21/