Who can sign the audit
Can our Indian auditor sign the Qatar accounts?
The situation
Audited statements for the GTA must be prepared by a Qatar registered auditor.
The law
- Executive Regulations of Law No. 24 of 2018 (audited financial statements): Audited IFRS accounts must go with the return if capital exceeds QAR 200,000, income exceeds QAR 500,000 or the head office is abroad; accounts in Arabic from 2020
- Commercial Companies Law No. 11 of 2015: Rules on company forms, auditors, dissolution and liquidation
What it means for you
Use a firm registered in Qatar. A foreign firm's report is not accepted for the return. TaxSavvy prepares the accounts and a Qatar registered partner signs.
What to do
- Pick a registered firm.
- Sign an engagement letter.
- Share books.
- Receive signed report.
We can do this for youStatutory audit and IFRS financial statements in Arabic for the tax return: QAR 7,500