Qatar Introduction of VAT | KPMG | QA

Qatar Introduction of VAT

Qatar Introduction of VAT

Effective from January 1, 2018, it is anticipated that Qatar will introduce a broad Valued Added Tax (VAT) at a rate of between 3-5%.

Qatar Introduction of VAT

Who will be affected by the new tax?

All businesses in Qatar will be affected since VATwill impact most sales of goods and serviceswithin Qatar, where it is anticipated there wouldbe limited exemptions and consumption tax relief.There will be a right for businesses to claim acredit for VAT paid on their expenditures, relatingto their business activities.

 

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