Introduction of VAT in Qatar
Value added tax
It is anticipated that Qatar will announce Value Added Tax (VAT) law and its Executive regulation during 2023.
Who will be affected by the new tax?
VAT will impact most sales of goods and services in Qatar, with limited exemptions (e.g. financial services, insurance) and consumption tax relief. VAT-registered businesses will be able to claim credit for VAT paid on their expenditure, relating to their taxable business activities.
How can KPMG help?
KPMG professionals can help businesses prepare for the implementation of VAT in Qatar from a consulting, compliance and technology standpoint.
For more information on introduction VAT in Qatar please click here.
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© 2023 KPMG Qatar Branch is registered with the Ministry of Commerce and Industry, State of Qatar and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.
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