Mavensmark
Doha
- Company formation
- Accounting and bookkeeping
- Tax compliance
- +4 more
Languages: English · Arabic
View profile of MavensmarkEvery business that trades in Qatar must keep its books to a set standard. The General Tax Authority requires accurate and detailed accounting records, books and documents that comply with both Qatari law and international accounting standards. Its investors guide puts the fine for failing to maintain accounting records at QAR 30,000. For a foreign-owned company the books also feed the audited statements that support its tax return, so the bookkeeping and the audit have to fit together.
Ask a firm whether it keeps the books in-house, which software it uses and whether you can see the ledgers online. Ask how it handles invoices to local customers, which the Ministry of Commerce and Industry expects to be detailed and in Arabic, and how it reports to a parent company in another currency. Ask whether it works on the mainland, in the QFC or in a free zone, since each platform has its own filing calendar.
Accountanty lists 27 firms offering accounting in Qatar: 16 accounting firms and 11 corporate service providers. Nineteen are small, three medium-sized and five part of large networks. Twelve say they focus on foreign clients, and English is offered by 16 and Arabic by five. Most are in Doha, with two in Lusail.
Doha
Languages: English · Arabic
View profile of MavensmarkDoha
Languages: English
View profile of Morison QatarLusail
Languages: English · Spanish · Polish · Portuguese …
View profile of TMF GroupDoha
Languages: English
View profile of Bookkeeping QatarDoha
Languages: English
View profile of Professional Services (Professional Business Group)Doha
Doha
Doha
Languages: English · Arabic
View profile of Axiom Consultants & PartnersDoha
Languages: English · Arabic
View profile of Ayam GroupDoha
Languages: English
View profile of Excel Consultants & Partners LLCDoha
Languages: English
View profile of Forvis Mazars in QatarDoha
Doha
Doha
Languages: English · Arabic
View profile of Tejwaans Corporate GroupDoha
Languages: English · Arabic
View profile of TrustLinkDoha
Languages: English
View profile of Al Ashraf GroupDoha
Languages: English
View profile of AnalytixLusail
Doha
Doha
Languages: English
View profile of Premium Business Consultancy (PBC)Doha
Languages: English
View profile of Space B Corporate AdvisoryDoha
Languages: English
View profile of TBH Business ServicesDoha
Doha
The law requires every business to keep proper records, and a foreign-owned company files audited statements with its tax return. Most owners abroad hire a firm to keep the books monthly so the year-end audit runs smoothly.
Customer invoices are expected in Arabic, while many firms keep management reports in English. Among the 27 accounting firms listed, 16 offer English and five Arabic, so ask for both if your parent company needs them.
Most quote a monthly fee based on the number of transactions, with year-end work and audit support priced apart. Ask for a written quote that lists what the monthly fee includes.
General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.