We help clients design tax structures that give best business outcomes for the shareholder. Foreign ownership attracts tax in Qatar, and our tax specialists will help manage your tax liabilities in qatar in the most efficient way.
Tax Card Issuance and Renewals in Qatar
As per the Income Tax Law in Qatar, companies doing business in Qatar shall submit to the Public Revenues and Taxes Department (PRTD) in the Ministry of Finance an application for a tax card within 30 days from the commencement of their activities or receipt of commercial registration in Qatar.
Tax Returns in Qatar
Companies subject to tax are to submit an income tax return in Qatar and pay tax due to PRTD within four months from the end of the accounting period. Companies that are exempt from tax are still required to file income tax declaration in Qatar along with audited financial statements in Qatar.
The late filing of the tax return will attract penalties.
At AAI Group, we help you manage adverse outcomes of such non-compliances by working closely with you and ensuring you stay in full compliance with the tax laws.
Statutory Audit in Qatar
AAI Group provide statutory financial audit services for local and foreign owned entities whose financial statements are prepared in accordance with IFRS and Qatar Commercial Law for statutory filing or submission to local authorities.