TaxSavvyQA

Year one compliance calendar

What filings will my new Qatar company face in its first year?

The situation

A new company has CR and licence renewals, monthly WHT, annual tax return, audit where required and WPS payroll.

The law

  • Commercial Registry Law (renewal and changes): Renew within 30 days before expiry; notify changes within 30 days; entry can be deleted 90 days after notice if not renewed
  • Law No. 24 of 2018 on Income Tax (withholding tax): 5 percent WHT on interest, royalties, technical fees, commissions and service fees paid to non-residents with no Qatar PE; remit by the 16th of the next month
  • Law No. 24 of 2018 on Income Tax (tax returns): Return due within four months after the accounting period ends; GTA may extend by up to four months
  • Wage Protection System (Ministry of Labour): Wages paid through banks via WPS so the Ministry can check timely payment

What it means for you

Typical calendar: WPS monthly; WHT by the 16th when you pay foreigners; CR and licence renewal on the anniversary; tax return four months after year end; audit if capital is over QAR 200,000. Missing any one can block visas or bring penalties.

What to do

  1. Set up a compliance calendar.
  2. Assign owners for each task.
  3. Review quarterly.
  4. Plan audit before year end.

We can do this for youMainland company setup through MOCI and the Single Window (LLC with foreign ownership): QAR 9,500

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