NAVIGATING THE EU VAT DIRECTIVE

Transcription

1 NAVIGATING THE EU VAT DIRECTIVE LIMASSOL,18 OCT 2016 NICOSIA, 21 OCT 2016 START FINISH OBLIGATION TO PAY

2 NAVIGATING THE EU VAT DIRECTIVE There is a logic surrounding the workings of the EU VAT Directive which forms the basis of the VAT system in any EU Member State. The aim of this full-day seminar is to navigate you through the waypoints of the Directive and emerge possessing a comprehensive knowledge of the workings of VAT. The seminar represents a detailed map of the Directive, charted in such a way so as to help beginners and advanced VAT users alike to understand the basic reasoning and functioning of the VAT system throughout the EU, with reference to key judgments from the European Court of Justice (ECJ). AGENDA 8:30am 9:00am 9:00am 9.05am 9:05am 11.00am 11.00am 11.30am 11.30am 1.00pm 1.00pm 2.15pm 2.15pm 3.35pm 3.35pm 4.00pm 4.00pm 5.30pm 5.30pm 5.45pm Registration & Coffee Welcome Address Alexis Tsielepis - Instructor Defining the territorial scope of the VAT Directive Defining what constitutes a taxable person Explaining the reverse charge principal Coffee Break Examining the four types of transactions within the scope of the VAT Directive Determining the place of supply of these transactions, including a brief examination of chain supplies and the fixed establishment Lunch Break Examining when the chargeable event arises Examining what constitutes the taxable amount and the VAT rate that applies Defining the nature of exemptions, with or without the right to deduct input VAT Coffee Break Examining the rules regarding the right to input VAT deductions Examining who has the responsibility and obligation to discharge the VAT Brief explanation of books and records Questions and Discussion WHO SHOULD ATTEND? Professionals dealing with VAT matters at all levels, whether in advisory, in industry or would like to expand their current VAT knowledge: Chief Accountants Accountants Tax Advisors CFOs & FCs VAT Department Officers

3 WHEN, WHERE & HOW MUCH Date & Venue Time Cost Language Limassol Tuesday, 18 October Richard Ballroom, Carob Mill Nicosia Friday, 21 October Cleopatra Hotel 9:00am 5:30pm (registration at 8.30am) 6 CPD Units (certificates of attendance will be provided) 200 +VAT incl. lunch 15% registration discount for: Groups of 3 or more English THE INSTRUCTOR Alexis Tsielepis, Managing Director of Chelco VAT Ltd, is widely considered as the foremost expert on VAT in Cyprus. Alexis advises businesses on international VAT matters and lectures at local and international VAT conferences. Over the coming months, Alexis will be sharing his knowledge on VAT, in a series of seminars organized by the Chelco VAT International Academy, covering an array of topics, starting with. Alexis is a Fellow of the Institute of Chartered Accountants in England and Wales (ICAEW), a member of the Institute of Certified Public Accountants of Cyprus (ICPAC) and a member of the VAT Committee of ICPAC. He also holds the Expert in European Value Added Tax (VAT) Degree, which he earned with the highest grade ever awarded in the history of the coveted diploma. He is now a Partner and a Director of the VAT Forum.

4 REGISTRATION FORM Please complete the form for each registrant. Seminar Title Seminar City Limassol Nicosia First Name Last Name Job Title Company Industry Address City Tel. Country Mob. Website How did you find out about the seminar? Media Social Network Recommended by third parties Other Upon receipt of your registration form(s), you will receive a reply with the total amount due, an invoice and payment details. Please note that confirmation of registration is dependent upon receipt of full payment. Payment can be made by bank transfer or by cheque made out to Chelco VAT Ltd and sent to P.O. Box 51625, 3507 Limassol, Cyprus. Cancellation of registration must be notified in writing to the Chelco VAT International Academy at info@chelcovat.com. Cancellations prior to 10 October 2016 will result in a full refund. After that, only substitutions will be permitted. Thank you for registering. The Chelco VAT International Academy

5 CHELCO VAT INTERNATIONAL ACADEMY The Chelco VAT International Academy is now open for learning. The Academy is the result of years of training, followed by months of planning and preparation to offer VAT-dedicated knowledge to VAT advisors, VAT Officers working in tax administration, professionals in the industry that deal with VAT matters as well as to anyone who wishes to broaden and further sharpen their understanding of VAT. Over the coming months, the Chelco VAT International Academy will be delivering a series of seminars on VAT-dedicated matters. The topics to be addressed will cover the VAT aspects of specific areas of legislation and specific types of transactions or specific industries, offering attendees an unprecedented level of comprehension and specialisation on the subject matters. Each seminar will provide a detailed explanation of each VAT topic with reference, where appropriate, to the EU legislation and relevant ECJ judgments. Numerous examples will be used to ensure the fullest comprehension of the subject matter. The seminar handouts, which will include the presentations, case studies, court decisions and much more, can be be used as an invaluable future reference tool for each topic presented. The Academy s inaugural event will take place in October 2016 and will be a full-day seminar focusing on the EU VAT Directive. The topics that are included in the Academy s upcoming calendar (further details will be provided closer to each event), include either full-day or half-day seminars on: Holding Companies and VAT The notion of Taxable Person The Reverse Charge mechanism The Fixed Establishment concept The Fixed Establishment compared to the Permanent Establishment VAT in Chain Transactions Chargeable Event and Chargeability of VAT Exemptions in VAT Deductions in VAT Obligation to discharge the VAT liability VAT in the Shipping Industry VAT in the Hotel Industry VAT in the Real Estate Industry Chelco VAT Ltd 221, Chr. Chatzipavlou Str., Helios Court, 1st Floor, 3036 Limassol, Cyprus T: F: info@chelcovat.com