Vital and Arshi Kaura from Legends Accounting Team-Up to Help You Conquer VAT

Vital and Arshi Kaura from Legends Accounting Team-Up to Help You Conquer VAT

 

As businesses prepare for VAT to start in 2018, we’re helping them understand what this new tax structure will mean for their bottom line. That’s why we’ve partnered with Legends Accounting, our trusted account services provider, to host a series of seminars to shed some light on how VAT will change the UAE’s business landscape.

Arshi Kaura, founder and managing partner of Legends Accounting, spearheaded our seminar where she worked with attendees to understand VAT’s implications for sourcing, pricing, accounting, recordkeeping, HR, and more. As a business owner herself, Arshi knows that many people still have serious questions and concerns about how VAT’s practical application will affect operations.

During her interactive presentation, professionals and business owners from numerous industries learned how the Federal Tax Authority will work with companies across the UAE to implement, enforce, collect, and refund VAT. Arshi also explained how VAT will change profit and loss calculations, what ‘zero-rated’ and ‘exempt’ mean for businesses, and how to adjust company procedures and practices to make the transition to VAT as smooth as possible. One attendee, an experienced legal consultant working with several UAE-based businesses, said Arshi’s expert presentation was “very useful for any legal practitioner who wants to be up-to-date on the current status of VAT regulations.”

If you need a little extra help to prep for VAT, Arshi and Legends can offer you a hand. Arshi started Legends in 2011, and the company has grown into a 20-member team, which includes her husband, Vikas Takhtani. The firm was recognised as the Best Accountancy SME-UAE in 2017, and Arshi is a leading figure among women business leaders in Dubai with regular appearances in Inc. Arabia and The National.

If you missed this session, don’t worry! Our next VAT seminar will be on 22nd October 2017. Look for our invitation in your email and be sure to RSVP at startup@vitaluae.com. We look forward to seeing you there!

 

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