Oman is the next GCC country to go live with VAT in April 2021. Businesses are being urged to start now, and be fully prepared by implementing the proper strategies and systems for VAT. However, to implement a successful VAT compliant business model, it is important to understand the VAT legislation, the available technical solutions and to learn from the VAT experiences of UAE, Saudi Arabia and Bahrain.
Join us on 3rd March for a live virtual discussion as we are joined by experts from Aurifer, Grant Thornton Oman and Grant Thornton Saudi Arabia. We will discuss the current GCC trends, why it is important for Omani businesses to start preparing their teams and their IT systems for VAT, and how this can be achieved as the countdown to VAT begins in Oman.
Webinar Details
Duration: 1 hour
Topic: Countdown to VAT in Oman
Location: Online Webinar (On24)
Your access details will be sent to you via email upon registration
If you have previously registered, please check your inbox for the link.
Webinar Overview
This webinar will cover:
- GCC VAT updates
- Lessons learnt across the region: mistakes and penalties
- Action plan for the next 30 days
- Business strategy and Technology Strategy/IT Strategy
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Featured Speakers
Thomas Vanhee
Partner
Aurifer Middle East Tax Consultancy
Thomas Vanhee is Partner, at Aurifer Middle East Tax Consultancy & Affiliate Professor of Tax Law. Thomas founded Aurifer, a boutique tax firm established in Dubai, after a decade of working at tier 1 tax law firms in Brussels and Paris, and after having been seconded with Deloitte in the Gulf. He has been involved in several high-profile deals and have worked for blue chip and quoted companies and institutions in various sectors. In recent years Thomas has also been heavily involved in tax policy in Europe and the Gulf. Recently, he has been assisting businesses in assessing their readiness for the introduction of VAT on 1 January 2018.
He is also teaching VAT at Paris Sorbonne Abu Dhabi in the first tax LL.M of its kind in the Gulf. He also joined his former university (Solvay Brussels School of Economics and Management) to teach an introductory course on tax law to master students.
Deepika Rajan
Tax Director
Abu Timam Grant Thornton - Oman
Deepika has over 15 years of professional experience and has 9 years with Oman Direct Taxation, international and indirect tax laws. She represents clients at the Ministry of Finance for any tax related matters.
She has been independently performing tax assignments for clients from various sectors. She has been assisting the clients in preparing responses to various tax queries and other matters related to tax assessments and appeals.
She holds a comprehensive experience in both Public and the Private sector in various facet of industry like Oil & Gas (Schlumberger), Refinery & Distribution (Shell), FMCG (Kodak & SuperMax) & Statutory Audits (Morisson Menon).
She has been pursuing taxation under Chartered Institute of Taxation which has further provided her with the exposure of how VAT is enforced in the United Kingdom and also has actively worked with our associate offices in the UK and provided clarifications to the VAT structure that might be enforced in The Sultanate.
She has experience in the field of audit, and corporate finance and has covered a wide range of industries. The areas of expertise include external and internal audit, taxation, and due diligence reports.
Deepika started as a Tax & Accounts Review Manager and has recently been promoted as Director of Taxation.
Ganesh Nair
VAT Specialist
Grant Thornton - Kingdom of Saudi Arabia
Ganesh is a value-added-tax (VAT) within Grant Thornton, having supported his public and private clients with the implementation and development of processes in respect of VAT across Saudi Arabia.
With over 15 years of experience in Tax, Advisory and Compliance, Ganesh has had significant exposure in Tax Technology and has supported clients to leverage value-adding solutions.
Prior to joining Grant Thornton, Saudi Arabia, Ganesh was with EY India in their Tax practice, where he worked extensively with MNC clients and handled the VAT Compliance and advise clients in the VAT classifications and litigations (Assessments and Appeals).
Ganesh also worked for PricewaterhouseCoopers (PwC) India, where he handled PAN India VAT Compliances for a Pharma client Pfizer Inc.
Ganesh also assisted in the implementation of Goods and Services Tax ('GST') in India and has undertaken Impact Assessments and smooth transition from VAT regime to GST for clients.
Within the Middle East region, he is positioned as a VAT specialist amongst his clients and the wise KSA market.
Ramy Rayan
Head of Consulting, VAT, MENA
Thomson Reuters
Ramy Rayan is the Head of the consulting group for VAT at Thomson Reuters for the Middle East and North Africa region, based in Dubai and has been working closely with Corporations, Governments, Accounting Firms & Financial Institutions in the GCC for their VAT Readiness and implementation. Ramy has more than 11 years of experience in ERP Solutions, Database Management, Business Process and has worked with multi-disciplinary teams of technical, key users & outsourced consultants. Before moving out to the GCC, he was implementing Oracle & Microsoft Dynamics in 15 countries for a French Conglomerate in MENA, West Africa, central Africa, & APAC regions which gave him the broad experience in IFRS, Local GAAP, VAT, & WHT. Using his in-depth experience, he bridges the gap between business requirements and IT requirements making sure that the best practice is implemented for clients efficiently without disrupting their business.
Ramy holds a Bachelors degree (BSc) in Information Systems from the Arab Academy for Science, Technology and Maritime Transport (Egypt) and is an avid technology enthusiast. He is hands-on and enjoys working on complex projects, combining his broad technical skill set and knowledge to implement solutions which work best for his clients.
Helal Alrefai
Senior Tax Analyst - Asia & Emerging Markets
Thomson Reuters
Helal Alrefai is currently a Senior Tax Analyst for the Middle East, Asia, and Emerging Markets at Thomson Reuters. Helal is based in Dubai and is responsible for maintaining and providing the latest Tax and Accounting content for Thomson Reuters' tax automation solutions and brings a mix of both tax and technology experience covering multiple industries across the MENA region.
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