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Tax update: Preparation for Value Added Tax in Qatar

15 November, 2021

In brief

With reference to an interview with Al Sharq newspaper, published in Qatar on Sunday 7 November 2021, GTA President Mr. Ahmad Eissa Al Mohannadi confirmed Qatar’s commitment towards the introduction of Value-Added Tax (VAT) in Qatar as per the GCC Unified Agreement for VAT which was signed by the GCC member states in June 2016, and has not expressed any reservation regarding the introduction of VAT. 

Mr. Al Mohannadi mentioned that the Value-Added Tax is currently under legislation.

The takeaway

It is expected to affect all businesses in Qatar—either directly or indirectly—and will have implications for most sales of goods and services in Qatar. 

A well planned and executed VAT implementation will result in benefits for the business in respect of on-going compliance and management of risks, as well as, cash flow management.

Based on the current news, Qatar is committed toward the implementation of VAT with legislation currently being under process. Thus, businesses may need to consider certain actions before implementation of the VAT regime, and it is strongly advised that businesses in Qatar ensure proper VAT setup and compliance at the earliest; given that businesses typically need at least six to twelve months to be ready, depending on the complexity of their operations.

 

Contact us

Jeanine Daou

Indirect Tax Leader, PwC Middle East

Tel: +971 (0) 56 682 0682

Sajid Khan

Qatar Tax Leader, PwC Middle East

Tel: +974 4419 2830

Rania Ibrahim

Senior Manager, Indirect Tax, PwC Middle East

Tel: +974 5502 7973

Anukool Joshi

Indirect Tax Manager, PwC Middle East

Tel: +974 6623 4566

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