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e-Invoicing: Beyond VAT, what about TP?
Wednesday, 22 September 2021 1:00 AM AST
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Past Event

Virtual - Webinar

Event language: English

22 Sep. 2021

Wednesday, 01:00 am AST

e-Invoicing: Beyond VAT, what about TP?

Webinar recording

Deloitte held a 60-minute webinar on 22 September surrounding the impact on e-Invoicing on Transfer Pricing related maters in KSA and wider Middle East regions. 

Over the last few years, governments in the Middle East region have rapidly introduced a number of tax reforms including Transfer Pricing (TP) and Value Added Tax (VAT) measures. While all stakeholders, including tax advisors, tax administrations, and taxpayers, digest and adapt to these changes, there is another crucial change to be aware of: The Electronic Invoicing (e-Invoicing) system.

Questions to consider: Is the e-Invoicing phenomenon we are currently witnessing a pure VAT related issue or are there important TP considerations that need to be addressed? Is there an impact on the transparency caused by e Invoicing? 

In light of the above, Deloitte will be hosting a 60-minute webinar on Wednesday, 22 September 2021 where our VAT and TP experts will discuss the impact of e-Invoicing on TP related matters, as well as some of the key points to be aware of while preparing for e-Invoicing. The conversation will focus on the following areas: 

  • An overview of VAT, TP and e-Invoicing in the Middle East with a focus on the Kingdom of Saudi Arabia (KSA);
  • The Interplay between VAT and TP;
  • The Interplay between e-Invoicing and TP; and
  • TP considerations while implementing an e-Invoicing system.

This webinar will enable you to benefit from the regional updates provided by our experts, as well as provide you with an opportunity to ask and engage during the Q&A session.

Get in touch

Mohamed Serokh

Deloitte - Middle East
As the Growth Leader for our Tax Services practice, Mohamed is a key member of our leadership team, responsible for spearheading our growth strategy in the Middle East. This includes strategy to identify and pursue new market opportunities, creating and implementing business development initiatives, reflecting the latest industry trends, and collaborating with the wider tax leadership team to achieve revenue growth targets. As Growth tax Leader, Mohamed is also responsible for leading strategy on accelerating our growth platform, proposal management, driving and promoting client excellence, and promoting our capabilities and industry leadership through marketing and eminence efforts.  In addition to spearheading our growth initiatives, Mohamed leads our award-winning and market-leading regional Transfer Pricing team. The team’s transfer pricing services span three key areas: consulting, controversy and compliance, and supporting clients in all industries and sectors. As a Transfer Pricing specialist and a former regulator, Mohamed has more than 25 years’ experience in transfer pricing, international tax, strategic, economic and business consulting across a number of industry segments. These include the automotive, construction and materials, energy, financial services, pharmaceutical, telecommunications and media, technology and travel and leisure sectors. His experience includes leading and managing global documentation and planning studies, as well as drafting Advanced Pricing Agreements (APAs) for submission to tax authorities in jurisdictions worldwide. Mohamed presents widely on transfer pricing and tax issues at seminars across the world and has been extensively published in the area of transfer pricing and tax on different platforms. In 2020, Mohamed was awarded the International Tax Review (ITR) Editor’s Choice Award for progressive work throughout the Middle East in Transfer Pricing and was nominated for the EMEA Transfer Pricing Practice Leader of the Year award. Mohamed was awarded an MBA (with distinction) from Warwick Business School, where he won an award for the overall best MBA degree of the year. Mohamed also holds MSc Economics (with distinction) and BSC Economics (first class) degrees from the University of London.
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