Mavensmark
Doha
- Company formation
- Accounting and bookkeeping
- Tax compliance
- +4 more
Languages: English · Arabic
View profile of MavensmarkFor a foreign-owned company in Qatar the audit is not optional. The General Tax Authority’s investors guide says that returns of fully foreign-owned companies, and of companies with Qatari and foreign partners, must be supported by audited financial statements from a licensed auditor registered with the authority, regardless of capital or income. The profession itself is regulated by Law No. 8 of 2020, which MOCI lists on its local investor page.
Ask a firm for the licence of the partner who will sign, and whether that partner is registered with the GTA. If your company sits in the QFC or a free zone, ask whether the firm is approved to audit there: some listed firms declare approval as auditors for the QFC and the Qatar Free Zones, and some as Qatar Central Bank approved auditors. Ask how the firm stays independent if it also keeps your books, when it needs the trial balance and whether it can work with your group auditor abroad.
Accountanty lists 22 firms offering audit in Qatar: 15 accounting firms and seven corporate service providers. Fifteen are small, three medium-sized and four part of large networks. English is offered by 11 and Arabic by four. See Doha and Lusail.
Doha
Languages: English · Arabic
View profile of MavensmarkDoha
Languages: English
View profile of Morison QatarDoha
Languages: English
View profile of Bookkeeping QatarDoha
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 TrustLinkDoha
Languages: English
View profile of Al Ashraf GroupLusail
Doha
Doha
Languages: English
View profile of Perfect PlanDoha
Languages: English
View profile of TBH Business ServicesDoha
Doha
Doha
Doha
Doha
Yes, for its tax return. The General Tax Authority asks foreign-owned companies for audited statements whatever their capital or income, so plan the audit into your first year's budget.
Ask the firm directly how it separates the two roles. Many owners use one firm for bookkeeping and another for the audit, so the auditor can review the figures independently.
Eight of the 22 audit firms on Accountanty say they focus on foreign clients. Foreign investors, SMEs and start-ups are the client groups the audit firms name most often.
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.