Description
Our client, a market leader in its given field, presently seeks an experienced Oracle EBS Financials Consultant for a new project. Our client is very active in the United Arab Emirates and Saudi Arabia who have introduced Value Added Tax effective from January 2018. The consultant will be required to reconfigure the client's UAE and Saudi Oracle Finance solution to be compliant with these changes. Familiarity with the following with respect to VAT in UAE and Saudi Arabia will be important:
- 5%, VAT exempt or zero-rate transactions?
- VAT recovery right
- Overview of expected special rules (free zones, bad debt relief, real estate, VAT group, Insurance, finance and Islamic Finance and import of goods)
- VAT refund
- Transitional periods and rules