Keeping records after closure
Do we keep records after the company is cancelled?
The situation
Records of Qatar activity must be kept 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
Records of Qatar activity must be kept for ten years, even after the company is cancelled. Name a former director or adviser in Qatar to hold them. The GTA may still review earlier years.
What to do
- Name a record keeper.
- Store in Qatar.
- Index the archive.
- Keep ten years.
We can do this for youLiquidation and cancellation of a company with GTA clearance: QAR 12,000