Training course on VAT from March 12

Manama : To educate businesses and individuals about VAT, Vineyard Asia Technological College in collaboration with MENA Centre for investment and EDB will start a course on VAT from March 12. 

VAT (Value Added Tax) has begun implementation in the GCC, and according to plans will be in place by the end of the year in Bahrain. 

The MENA Centre for Investment and the Bahrain EDB tasked economist Dr Hana Kanoo, with sourcing and putting in place a highly focused, intensive training programme for implementing VAT. 

The course is aimed at SMEs and larger companies for inclusion of VAT in their accounting process. About choosing TESDA certified Philippines-based Vineyard Asia Technological College to deliver these courses, she said. 

“I looked at a range of tax implementation courses from around the world and was looking for some Reputable training institute 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,” she said.

“TESDA, The Technical Education and Skills Development Authority is a Philippines-based training and governing entity. Overall, TESDA formulates manpower and skills plans, sets appropriate skills standards and tests, coordinates and monitors manpower policies and programs. It also provides policy directions and guidelines for resource allocation, and training institutions in both the private and public sectors. The high standards of TESDA was certainly one of the criteria in choosing Vineyard,” she said.

“Since VAT is so new to Bahrain and the GCC we hope that everyone throughout the management chain will find the course useful. In fact, we recommend that all those in management, entrepreneurs and business owners especially of SME’s will benefit from the training.  With its accounting focus, we believe that it would also benefit CFOs, Finance Directors, Finance Managers, Accountants, Account Managers, and Auditors. For fresh finance graduates and those in junior accounting roles, a VAT certificate as a VAT compiler or auditor will greatly enhance career development and employability,” she said.

Courses will start on March 12 and registration is already underway. Vineyar Technological College under the aegis of EDB and MENA will set up an information and registration booth at City Center.