The impact of VAT on the Real Estate and Construction | KPMG | QA
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The impact of VAT on the Real Estate and Construction Sector

The impact of VAT on the Real Estate and Construction

The impact of VAT on the Real Estate and Construction Sector in Qatar.

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What does VAT mean for the Real Estate and Construction sectors in Qatar?

It is expected that, in 2019, Qatar will introduce a broad value-added tax (VAT) at a standard rate of 5%, according to the Gulf Cooperation Council VAT Framework (GCC framework).

All businesses in Qatar will be affected by the introduction of VAT and for the Real Estate and Construction sectors, there are a variety of factors to consider, which will affect different parts of the business.

In this flyer, we have identified a number of considerations that businesses across the sector will have to make, drawing on our knowledge of VAT treatment around the world. When the VAT law is released in Qatar, it is important that Real Estate and Construction businesses assess it carefully to ensure they are fully compliant and manage their tax in the most efficient way possible.
 

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