Keeping audit records
How long must we keep the audit file?
The situation
Books and documents must be kept in Qatar for ten years.
The law
- Executive Regulations of Law No. 24 of 2018 (books and records): Books and documents for Qatar activity are kept in Qatar for ten years
What it means for you
Books, registers and documents for Qatar activity must stay in Qatar for ten years. That includes the audit file and supporting invoices. These records support the tax return if the GTA reviews an earlier year.
What to do
- Store the audit file in Qatar.
- Index ledgers and invoices.
- Keep for ten years.
- Keep a backup.
We can do this for youStatutory audit and IFRS financial statements in Arabic for the tax return: QAR 7,500