{"id":5776,"date":"2018-04-11T09:00:56","date_gmt":"2018-04-11T09:00:56","guid":{"rendered":"http:\/\/middleeastevents.com\/blog\/?p=5776"},"modified":"2018-04-11T09:00:56","modified_gmt":"2018-04-11T09:00:56","slug":"dubai-chamber-workshop-highlights-important-legal-aspects-of-vat","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/dubai-chamber-workshop-highlights-important-legal-aspects-of-vat\/","title":{"rendered":"Dubai Chamber Workshop Highlights Important Legal Aspects Of VAT"},"content":{"rendered":"<p>The Dubai Chamber of Commerce and Industry hosted a workshop today which helped familiarise businesses and professionals with essential, legal and practical aspects of the recently introduced value-added tax (VAT).<\/p>\n<p>The workshop, entitled \u201cThe Essentials of VAT\u201d, was held at the Chamber\u2019s headquarters in Deira and organised in cooperation with BSA Ahmad Bin Hezeem &amp; Associates LLP and Moore Stephens LLP.<\/p>\n<p>During the workshop, legal and accounting experts highlighted various legal aspects associated with the new tax and explained how the UAE\u2019s VAT law is being applied to free zone and mainland companies within the country.<\/p>\n<p>The event was attended by Dubai Chamber members, lawyers, corporate counsel, VAT consultants, tax professionals, financial managers, financial auditors, chartered accountants, general managers, business owners and investors.<\/p>\n<p>Mr. John Peacock, Head of Indirect Tax and Conveyancing BSA Ahmad Bin Hezeem &amp; Associates LLP, explained that the workshop aimed to ensure business owners are provided with a detailed understanding of the VAT regulatory environment, as well as valuable insights on how the law is being applied throughout the UAE.<\/p>\n<p>\u201cThe impact of VAT cannot be underestimated. A business could experience significant losses in the event of ignorance of the law and procedures of VAT administration.\u00a0 BSA is proud to partner with Dubai Chamber to provide valuable information on the UAE VAT Law and the impact of VAT on businesses in the UAE,\u201d said Mr. Peacock.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-5777 size-full\" src=\"http:\/\/middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/During-the-The-Essentials-of-VAT-workshop.jpg\" alt=\"\" width=\"3000\" height=\"1936\" srcset=\"https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/During-the-The-Essentials-of-VAT-workshop.jpg 3000w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/During-the-The-Essentials-of-VAT-workshop-300x194.jpg 300w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/During-the-The-Essentials-of-VAT-workshop-768x496.jpg 768w, https:\/\/www.middleeastevents.com\/blog\/wp-content\/uploads\/2018\/04\/During-the-The-Essentials-of-VAT-workshop-1024x661.jpg 1024w\" sizes=\"auto, (max-width: 3000px) 100vw, 3000px\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dubai Chamber of Commerce and Industry hosted a workshop today which helped familiarise businesses and professionals with essential, legal and practical aspects of the recently introduced value-added tax (VAT). The workshop, entitled \u201cThe Essentials of VAT\u201d, was held at the Chamber\u2019s headquarters in Deira and organised in cooperation with BSA Ahmad Bin Hezeem &amp; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5777,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=5776"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5776\/revisions"}],"predecessor-version":[{"id":5778,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/5776\/revisions\/5778"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/5777"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=5776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=5776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=5776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}