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VAT health check – will your processes and systems hold strong?

Now that companies in the UAE and KSA have experienced the first phase of VAT implementation, several process and technology challenges have come to light.

Many businesses hastily adapted existing workflows and systems for VAT, but a lack of initial tax expertise means these are not fully fit for purpose – and could even put companies at risk of compliance failures. Inappropriate data integration and management practices are key problem areas. 

In this video, Thomson Reuters MENA and Innovate Tax explore why it’s important to address these gaps sooner rather than later – no matter whether you’re in the UAE, KSA or elsewhere in the GCC region.


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