Qatar

Overview

Last reviewed - 19 August 2021

Qatar, located on the east coast of the Arabian Peninsula, is bordered by Saudi Arabia to the south and by the Persian Gulf to the north, east, and west. It is divided into seven municipalities, with Doha as the capital. The official language of Qatar is Arabic, and the currency is the Qatari Riyal (QAR).

Ruled by the Al-Thani family since the mid-1800s, Qatar transformed itself from a British protectorate noted mainly for pearling into an independent state with significant oil and natural gas revenues. Oil and natural gas revenues have placed Qatar as one of the highest per capita income countries, as well as one of the fastest growing economies. Qatar has the third largest natural gas reserves in the world, and these are expected to last well into the 22nd century. Its proven oil reserves should also enable continued output at current levels for many years. Economic policy is focused on developing Qatar's non-associated natural gas reserves and increasing private and foreign investment in non-energy sectors, but oil and gas still account for approximately 50% of the gross domestic product (GDP) of the country.

In Qatar, there are four tax regimes in which foreign investors can operate; these are as follows:

  • The State regime provides for the general framework for the majority of businesses operating in Qatar.
  • The Qatar Financial Centre (QFC) regime is modelled closely after the English common law and existing major financial centres through which financial institutions and professional service companies can operate in Qatar.
  • The Qatar Science and Technology Park (QSTP) has the ability to provide tax exemptions for research and development (R&D) activities.
  • The Qatar Free Zones Authority (QFZA) was established in 2018, which currently oversees two free zones in Qatar, Ras Bufontas and Umm Alhoul. Benefits of setting up in the Zone include 100% ownership, a flexible foreign work force, and a possible tax holiday of up to 20 years with zero corporate tax, customs duties, and personal income tax.

This summary is primarily directed towards entities operating under the State regime. Key features of the QFC regime are provided in the Other issues section of the Corporate tax summary. The QSTP and QFZ regimes are not discussed in this summary.

PwC Qatar supports clients with the local knowledge and skills of its people and with access to a broad range of other professionals across the PwC global network of firms. In addition to audit and advisory services, the firm's tax and legal services in Qatar include international tax structuring, fund structuring, mergers and acquisitions (M&A), inbound and outbound corporate tax advisory, transfer pricing, tax policy and governance, VAT, customs duties, excise tax, tax compliance services (e.g. corporate income tax returns and withholding tax returns), legal services (e.g. company and branch formations), international assignment services, company secretarial services, and accounting services.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%)

10% (except for petrochemical/petroleum companies/operations, for which a minimum rate of 35% applies).

Corporate income tax (CIT) due dates
CIT return due date

Within four months from the end of a company's accounting period.

CIT final payment due date

Within four months from the end of a company's accounting period.

CIT estimated payment due dates

NA

Personal income tax (PIT) rates
Headline PIT rate (%)

NA

Personal income tax (PIT) due dates
PIT return due date

NA

PIT final payment due date

NA

PIT estimated payment due dates

NA

Value-added tax (VAT) rates
Standard VAT rate (%)

NA

Withholding tax (WHT) rates
WHT rates (%) (Dividends/Interest/Royalties)

Resident: NA;

Non-resident: 0 / 5 / 5

Capital gains tax (CGT) rates
Headline corporate capital gains tax rate (%)

Same as CIT rate.

Headline individual capital gains tax rate (%)

NA

Net wealth/worth tax rates
Headline net wealth/worth tax rate (%)

NA

Inheritance and gift tax rates
Headline inheritance tax rate (%)

NA

Headline gift tax rate (%)

NA

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.