TaxSavvyQA

CbCR in Qatar

Our group revenue is QAR 4 billion. Is CbCR due in Qatar?

The situation

CbCR applies to groups with consolidated revenue of QAR 3 billion or more.

The law

  • Qatar country by country reporting rules: CbC report for groups with consolidated revenue of QAR 3 billion or more, within 12 months of year end; notification before year end

What it means for you

Groups with consolidated revenue of QAR 3 billion or more fall under CbCR. A notification naming the reporting entity is due before the end of the reporting year, and the report within 12 months of year end where Qatar is the filing country. If a foreign parent files, notify that.

What to do

  1. Confirm reporting entity.
  2. File notification.
  3. File report if Qatar parent.
  4. Keep evidence.

We can do this for youTransfer pricing declaration, Master File and Local File: QAR 9,000

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