An entity that is wholly or partially foreign owned and that derives income from sources in Qatar is taxable at the rate of 10% in the country.
Qatar
What is the corporate tax rate in Qatar?
Can I register a company in Qatar without a local partner?
In Qatar, a foreign investor is required to have 1 or more local (Qatari) partners to start a business, with the latter’s share being at least 51%. However, non-Qatari persons can directly invest in the sectors of agriculture, industry, healthcare, education, tourism, exploitation and development of natural resources, energy or mining.
Which business entity should a foreigner opt for to start a business in Qatar?
The most commonly preferred business entity by foreign investors in Qatar is the Limited Liability Company (LLC). It requires a minimum share capital of QR 200,000 (about 55,000 USD).
What is the corporate tax rate in Qatar?
The corporate tax rate in Qatar is 10%.
What is the tax rate for oil and gas companies in Qatar?
The tax rate for oil and gas companies in Qatar is 35%.
What is the time duration for companies to carry forward their business loses in Qatar?
A time gap of 3 years is provided to companies in Qatar to carry forward their business loses.
What are the different types of taxes exempted in Qatar?
The different types of taxes exempted in Qatar include capital duty, property tax, transfer tax and stamp tax.
What is the duration for filing a tax return in Qatar?
Resident companies in Qatar must file their tax-return within 4 months after the end of the accounting year.
How many arbitration centers are there in Qatar?
There are three arbitration centers in Qatar namely, Qatar International Center for Arbitration, QTF Tribunal, and arbitration centers in Europe or North America.
What is DTA?
DTA refers to Double Taxation Agreement. It is a tax treaty that is signed between two or more countries to avoid double taxation from the source and residence country.