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Qatar: Extended deadline for entities not subject to income tax (COVID-19)

Qatar: Deadline for entities not subject to income tax

The tax authority issued guidance—Circular No. (2) for 2021 (24 March 2021)—related to the tax filing requirements and deadline for Qatari and Gulf Cooperation Council (GCC) businesses operating in Qatar that are not subject to income tax.

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For the year ended 31 December 2021, Qatar and GCC-owned entities that are not subject to tax (that is, are exempt from income tax) will have to file tax returns, regardless whether their income or capital meets previous threshold amounts.

KPMG observation
The circular does not mention whether or not financial statements to be submitted along with the tax returns of these entities need to be audited.

The deadline for submission of tax returns and audited financial statements for the year ended 31 December 2020 for Qatari and GCC-owned entities that are not subject to income tax has been extended by four months to 31 August 2021, apparently as a relief response to the coronavirus (COVID-19) pandemic. Taxpayers with a different financial year from 31 December 2020 can also submit tax returns four months after original deadlines, as long as the different year-end has been approved by the tax authority. This provision is applicable for financial year 2020 only.

Read a March 2021 report [PDF 165 KB] prepared by the KPMG member firm in Qatar

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