Move by professional services firm comes as GCC economies gear up for VAT launch on January 1
PwC, the global professional services firm, is to deliver a VAT diploma in the UAE and Saudi Arabia ahead of the introduction of value added tax in the Gulf region.
As the GCC economies gear up for the new VAT regime from January 1, 2018, PwC said there is a need to keep the workforce equipped with the skills and technical knowledge to implement and comply with VAT.
The company said it will deliver the diploma that gives an insight into commercial and practical realities of VAT.
The GCC VAT Diploma, accredited by the Association of Taxation Technicians (ATT), is taught by PwC’s tax specialists and is delivered in a modular format to suit the learning preferences and schedules of working professionals.
The diploma will be offered as a public course in UAE and Saudi Arabia starting in October.
Amanda Line, Middle East PwC’s academy partner said: "I am confident that this qualification will be fundamental in upskilling specialised tax professionals who can then prepare their organisations for VAT compliance.”
Jeanine Daou, PwC partner, Middle East indirect Tax Leader added: “We provide a complete solution to help organisations get ready for the new VAT regime... A key element of getting businesses ready for this transition is upskilling their staff with the relevant skills and knowledge to implement this change.”