Su­per Gen­eral Com­pany and GECO hold VAT aware­ness sem­i­nar for its deal­ers

The Gulf Today - Business - - Happenings13 -

Su­per Gen­eral Com­pany and Gen­eral En­ter­prises Com­pany (GECO), part of Al­batha Re­tail & Home Prod­ucts Group, suc­cess­fully or­gan­ised a sem­i­nar aimed to­wards in­creas­ing aware­ness on the com­ing im­ple­men­ta­tion of Value Added Tax (VAT) in the UAE at the Le Meri­dien Ho­tel. The event, which was at­tended by over 200 rep­re­sen­ta­tives of 90 SME deal­ers from the two com­pa­nies, was held un­der the theme, “Ev­ery­thing you need to know about VAT.”

The one-day sem­i­nar helped in cre­at­ing a bet­ter un­der­stand­ing of VAT in terms of how com­pa­nies can pre­pare for its im­ple­men­ta­tion and how they can roll it out across their op­er­a­tions. The event, which was fa­cil­i­tated by Ahmed Hasan, Fi­nance Con­troller-tax & Com­pli­ance, Al­batha Hold­ing, fo­cused to­wards ed­u­cat­ing the at­ten­dees about VAT— its reg­is­tra­tion process, in­voic­ing and ac­count­ing pro­ce­dures.

Al­batha Re­tail & Home Prod­ucts Group com­pro­mises of; Ec­ity, GECO, GECO Smart Life So­lu­tions & Su­per Gen­eral. It is part of the rep­utable Al­batha Hold­ing, a Shariah-com­pli­ant or­gan­i­sa­tion that com­prises of over 25 com­pa­nies with over 7,000 em­ploy­ees spread across seven in­dus­try sec­tors i.e. au­to­mo­tive, con­sumer, engi­neer­ing, home prod­ucts, real es­tate, health­care, house­hold and per­sonal care. Al­batha has marked a strong pres­ence in the Mid­dle East and North Africa (MENA) re­gion through a dis­tri­bu­tion net­work that ex­pands from the In­dian sub-con­ti­nent to Europe. Al­batha rep­re­sents over 200 in­ter­na­tional cor­po­ra­tions serv­ing them with their busi­ness and brand­ing needs in the most ef­fec­tive and pro­fes­sional man­ner.

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