The GCC region has started VAT implementation and will likely be established in Bahrain by year end.
Senior Economist at Bahrain Economic Development Board, Dr. Hana Kanoo is going to be in charge of organizing and implementing an exhaustive and intensive training programme for VAT. Dr. Kanoo also elaborated on the reasons for choosing TESDA certified Philippines-based Vineyard Asia Technological College for VAT training programme.
She said: “I looked at a range of tax implementation courses from around the world and was looking for some reputable training institutes when I came upon Vineyard Asia Technological College. We needed a relatively short course yet one that offered in-depth training. And Vineyard Asia met all our criteria”.
This course is going to be targeted at SMBs along with large organizations for incorporating VAT in place in their accounts departments.
TESDA, Technical Education and Skills Development Authority, based in the Philippines, is a training and governing establishment. Dr. Kanoo further stated that TESDA is going to formulate all plans and preparations to smoothly implement the VAT training programme by giving policy directions, setting guidelines to allocate resources and assigning training for public and private institutions.
VAT is new in the GCC but with effective training and management will be useful for SMEs as well as large enterprises.
The courses are set to begin from March 12 with registrations already taking place. Under the guidance of the EDB, the Vineyard Asia Technological College will also set up an information and registration booth at City Centre.