Webinar Video: Sharjah Chamber of Commerce & Industry (SCCI), VAT & ICV
July 07, 2020
In partnership with Sharjah Chamber of Commerce & Industry (SCCI) Mr. Abdelaziz Mohamed Humaid Shattaf and MBG subject matter experts will once again discuss two of the most highlighted business topics in region. The first topic is the Unified In Country Value (ICV) methodology and process, the key changes under Revision 3 and the eligibility of companies to obtain an ICV score. The second topic is on VAT, the process of VAT refund and its challenges.
Agenda
1. ICV
- Evolution of the ICV Program
- Insights on the alignment of ICV Program by new participating entities
- Key changes under ICV formula and certification under Revision 3
- Eligibility of companies to obtain an ICV score
- ICV methodology and process
2. VAT
- Process of VAT Refund
- Industries always eligible for VAT refund
- Major VAT refund related challenges
Presenter: Abdelaziz Mohamed Humaid Shattaf, Assistant Director General, Members Services Sector, SCCI
Speaker: Vipin Kumar, Director – Taxation, MBG
Speaker: Taher Singaporewala, Director – Audit & ICV, MBG