Workshop focuses on VAT challenges for SMEs

Adopting proper VAT procedures can take up to four months while careful planning will help SMEs avoid common pitfalls, VAT experts observed.

This came as Tamkeen held a workshop titled ‘The Roll-out of VAT in Bahrain’. The event, co-hosted by Tamkeen and Sage, with participation from other organizations and relevant societies aimed at discussing the challenges involved in the implementation of VAT, especially for the SMEs.

The expert panel, moderated by Ibrahim Parwaz, Strategic Sales Manager at Sage Middle East included Dr. Jarmo Kotilaine, Tamkeen’s Chief of Planning and Monitoring, Dr. Abdulhasan Al Dairi, Chairman of Bahrain SMEs Society, Dr. Jassim Haji, Chairman of Bahrain Artificial Intelligence Society, and Husam Addin Abdelhafiz, Managing Partner at KANZ