VAT Consultant in Qatar

Qatar with representatives of the other Member States of the GCC confirmed the introduction of VAT across all six Member States through the signing of a VAT Framework in 2017. With the advent of VAT in Qatar, companies will require guidance on VAT implementation and VAT impact. In this regard, Aviaan Accounting, the leading VAT consultant in Qatar facilitates in the following manner:

Timely and cost-effective VAT advisory services
VAT impact analysis
Provide advice on taxation
Ensure compliance with the VAT law
Guidance on Customs clearance as well as designated zone related issues.

The framework act as the basis for the VAT legislation in each Member State by stipulating. It must be followed by all members while allowing the countries to opt for different VAT treatments concerning some supplies. Qatar is planning to implement a 5% VAT regime from 1 April 2021. The VAT is being introduced as Qatar seeks to rebalance its reliance on oil revenues. Oil prices in Qatar have fallen drastically over the past five years. So far, only Saudi Arabia, UAE, and Bahrain have implemented VAT.

What to expect from VAT in Qatar?

The new VAT regulation in Qatar will be in line with other GCC member countries. The VAT framework treaty among the member nations would form the basis of domestic VAT legislation. The framework provides key regulations of the VAT law, which needs to be followed by all the GCC countries.

VAT Framework Treaty provides that VAT on the supply of goods or services within the scope of VAT will be charged at a rate of 5% unless the goods or services are exempt or zero-rated. The Member States have been granted the flexibility to choose whether the supply of specific goods or services is considered as zero-rated or exempt.

The distinction between zero-rating and exemption is an important one; in both cases, VAT must not be accounted for on the supply, a supplier making exempt supplies is generally not allowed to recover input VAT concerning such supplies. Recovery of input VAT incurred concerning zero-rated supplies is generally allowable.

Key features of Qatar VAT regime

VAT law and Executive Regulations
Registration threshold of QAR364,000
Zero-rated for exports, medicines, and international transport
Exemptions for financial services, and real estate
Imports subject to VAT
Monthly VAT reporting

Must zero-rate:

May zero-rate:

Must exempt:

Can zero rate or exempt:

Why Choose Aviaan Accounting for VAT Services in Qatar?

VAT is a new tax law in Qatar that is yet to be implemented. It is important to be ready in advance to avoid penalties and legal issues. We at Aviaan Accounting can help clients with their tax assessments and ensure that they comply with all the VAT laws. Our team has a lot of experience with regards to VAT Consultancy; we would make no errors in calculating taxes, ensure that your company stays prepared, and offer valuable tax-related insight. The benefits of Aviaan Accounting for your VAT requirements:

Reviews and Analysis with Efficiency:

Our team at Aviaan Accounting ensures that all of the clients’ business contracts and documents are thoroughly reviewed and analyzed so that tax assessment is done properly. We ensure no errors and omissions for smooth and on-time filing of the VAT return.

Providing Training and Resources:

We ensure that clients and their employees are well informed about the VAT taxation laws and understand the whole process of VAT return filing. Aviaan Accounting provides clients with the necessary resources and technology to meet their business’s VAT preparation needs.

VAT Compliance and Return Filing:

Our team clear your doubts and queries with regards to the VAT law in Qatar. We help you adhere to VAT laws in Qatar and with the VAT return filing process.

Aviaan Accounting VAT Implementation Process

We maintain an excellent system of accounting to provide quality VAT services in Qatar to clients. Here is how our team helps in VAT implementation:

Assistance in VAT registration by our team.
Analyze clients’ business for VAT deployment.
Analyse accounting requirements and IT hardware of clients’ businesses.
VAT returns assessment and filing by our team of VAT Consultants.
Assistance in processing and claiming of VAT refund.