Dubai Finance, PwC Academy sign MoU to launch Tax Professional Certificate
Dubai Finance and PwC Academy Launch New Tax Professional Certificate
Dubai Finance (DOF) and PwC Academy, part of PwC Middle East, have partnered to introduce a new tax professional certification for tax professionals in Dubai government entities. The agreement was signed by Abdulrahman Saleh Al Saleh, DOF's Director-General, and Samar Sayegh, PwC Partner and PwC Academy Middle East Leader.
About the Certification
The Tax Professional Certificate includes comprehensive modules on UAE's value-added tax (VAT) and Corporate Tax, available in Arabic and English. It features two diplomas from the UK's Association of Tax Technicians (ATT-UK) for UAE VAT and Corporate Tax, delivered by PwC Academy.
Statements from Key Figures
Abdulrahman Saleh Al Saleh emphasized the UAE's tax system's alignment with international standards, balancing public and private sector needs. Abdulaziz Mohammed Al Mulla highlighted the certificate's role in enhancing government work and economic development. Samar Sayegh noted the collaboration's significance in empowering UAE nationals with essential tax skills.
Programme Details
The programme spans 18 training days, totaling 108 hours, and requires passing a final exam administered by PwC Academy. Amna Salem Al Jabri, Director of the Financial Studies Division at DOF, stated that this pioneering programme is the first of its kind in the Arab world, demonstrating Dubai Government's commitment to developing skilled tax professionals.
Doubts Revealed
Dubai Finance
Dubai Finance is a government department in Dubai that manages financial policies and regulations. It helps ensure that the city's finances are handled properly.
PwC Academy
PwC Academy is a part of PricewaterhouseCoopers, a big company that provides training and education in various professional fields, including finance and tax.
Tax Professional Certificate
This is a special certificate that shows someone has learned a lot about taxes and is qualified to work with them professionally.
UAE VAT
UAE VAT stands for United Arab Emirates Value Added Tax, which is a type of tax that people pay when they buy goods and services in the UAE.
Corporate Tax
Corporate Tax is a tax that companies have to pay on their profits. It is a way for the government to earn money from businesses.
ATT-UK
ATT-UK stands for the Association of Taxation Technicians in the United Kingdom. It is a professional body that provides qualifications and support for tax professionals.
18 days and 108 hours
This means the programme lasts for 18 days and includes 108 hours of learning, which is like going to school for a few weeks to learn about taxes.
International standards
International standards are rules or guidelines that are accepted around the world to ensure quality and consistency in different fields, like finance and tax.
Arab world
The Arab world refers to countries in the Middle East and North Africa where Arabic is the main language. This programme is the first of its kind in these countries.
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