Announcement of the Qatar VAT law expected in 2024
Announcement of the Qatar VAT law expected in 2024
It is anticipated that Qatar will announce Value Added Tax (VAT) law and its Executive regulation during 2024.
VAT 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 (with limited exceptions such as financial services and insurance). VAT-registered businesses would be able to claim a credit for the amount of VAT paid on expenditures relating to their taxable business activities. Thus, businesses may need to consider certain actions before implementation of the VAT regime.
Read a 2024 report [PDF 3.5 MB] prepared by the KPMG member firm in Qatar
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