This seminar aims to inform the audience of their obligations with respect to the UAE VAT Laws and will touch upon the general impact of the introduction and the basic principles of VAT. It will also focus on the VAT return and will cover possible transactions, manner of reporting and obligations by Law with respect to filing of tax return. At the end of this seminar the audience will be able to develop the necessary expertise and understanding of filing the VAT return, which will in turn mitigate the risk of exposure to the VAT liabilities and penalties.