GEC NEWS WIRESage hosted an exclusive customer event to help business professionals navigate the UAE’s implementation of Value Added Tax (VAT) in January 2018. The Sage 300 User Conference took place on 15 August 2017 at the Armani Hotel, Burj Khalifa, Dubai and aimed at accounting, finance, sales and purchasing departments, and logistics professionals. Delegates learnt about the latest developments in the business and technology landscape, heard success stories from other Sage customers, and saw ISV and OEM solutions from Sage. The user conference showed how businesses can use the software to prepare for the regional implementation of VAT.
All six GCC countries will implement the system over 18 months, an unprecedented rollout that will require new legislation in each jurisdiction. With the mandatory registration limit set to AED 375,000 turnover in 12 months and half of that (AED 187,500 turnover) as the optional registration limit, a large number of companies in the region will be affected.
The Sage 300 User Conference welcomed two guest speakers: Regional Director for Sage Middle East Aaron White and Director Technical Services & Pre-Sales, Sage ME, Mansoor Sarwar.
White Said: “Many Small & Medium Businesses are concerned about the looming introduction of VAT, but it need not be difficult for them to prepare. At Sage, our accounting software is designed to help you manage, process and submit VAT quickly and easily, giving you more time to focus on your business rather than on red-tape and administration.”
