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Businesses shall be prepared for updates in the tax system in Qatar

Qatar is getting ready to implement a Value Added Tax (VAT) and the private sector have been urged to prepare for it accordingly. It is advised to be VAT ready at least six to nine months before the implementation.

Qatar signed the Gulf Cooperation Council (GCC) VAT framework in 2016 and has seen the establishment of the General Tax Authority (GTA) which has been working on the finalization of the regulations and the Information Technology (IT) systems.

 


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