How will VAT affect GCC businesses?

Sage, the market and technology leader for integrated accounting, payroll and payment systems, held a Sage Advice Roadshow luncheon discussion on the introduction of VAT in the GCC region and its technology implications for business builders.

As the date for the introduction of VAT draws nearer for Bahrain and countries in the GCC, Sage will showcase how Sage solutions can assist and manage the changes. The event took place today, 12 April 2017 from 8:30 AM—1:00 PM at the Al Murjan Ballroom, Movenpick Hotel Bahrain.


At the event, Reggie Fernandes, Regional Director—Sage Middle East explained, “With the implementation of VAT around the corner, many organizations are scrambling to get ready. At the event, we will show how Sage solutions can assist with the changes. We’ll also talk about how the fourth Industrial Revolution is redefining the way in which we work and how SMAC (social, mobile, analytics, and cloud) affects business innovation in the Middle East.”

SMAC, also known as the third-platform, sees people everywhere become more connected through cloud computing, the Internet of Things, mobile technology and social media, and emphasizes simpler, more agile, and modular software platforms to support organizational growth.The discussion also delved into the technologies driving Industrial Revolution 4.0, specifically on the SMAC technologies and their role in business innovation.