Qatar: VAT regime now expected in 2022

Value added tax (VAT) regime expected, with VAT being broadly imposed at a rate of 5%

Value added tax (VAT) regime expected, with VAT being broadly imposed at a rate of 5%

A value added tax (VAT) regime in Qatar is expected to be effective during 2022, with VAT being broadly imposed at a rate of 5%.

VAT is expected to affect all businesses in Qatar—either directly or indirectly—and will have implications for most sales of goods and services in Qatar (with limited exceptions such as financial services and insurance). VAT-registered businesses would be able to claim a credit for the amount of VAT paid on expenditures relating to their taxable business activities. Thus, businesses may need to consider certain actions before implementation of the VAT regime.

Read a January 2022 report [PDF 4.6 MB] prepared by the KPMG member firm in Qatar

 

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