How businesses should prepare their IT and technology infrastructure to administer VAT compliance reporting requirements.
30 October 2017, 9:30AM - 1:00PM, AST Manama, Bahrain
Invitation to KPMG’s event- Date: 30 October, Time: 09:30am, Location: Gulf Hotel
Given the speedy progress the Gulf countries are making in implementing VAT, the new tax system will soon also be a reality in Bahrain. When implemented in the Kingdom by mid-2018 (as expected), companies will need to prepare and submit their VAT returns to the competent authority within specific timeframes.
The complexity of managing VAT throughout the entire supply chain highlights a need to have automated and technology-enabled processes in place to ensure accurate and timely VAT reporting. Failure to meet the reporting obligations can lead to business disruption and severe penalties.
KPMG in Bahrain is pleased to invite you to “VAT compliance through technology” event, tailored for IT and ERP professionals. It will take you beyond simply getting ready for VAT and provide you with practical insight on how to manage and optimize your VAT affairs in the immediate and longer-term future. The event will address key questions including: What should your processes look like and what IT solutions are available to enable these processes? How do you minimize risks and costs, while maximizing efficiencies and this without disrupting your business and underlying processes?
Philippe Norré, Partner and Head of Indirect Taxes at KPMG in Bahrain, will be the keynote speaker and will cover the following topics:
Who should attend?
The seminar is ideal for Head of IT, IT managers and COOs across all sectors, who are looking to gain deeper insight on the impact of VAT on various business functions and systems (i.e. accounting, VAT filing, ERP systems, policies, procurement and sales cycles) and the steps required to achieve cost-effective compliance.
Please register by sending an email Khalid Seyadi(email@example.com) with your full name, company name and job title on call on +973 17222313.