Ever thought about opening a Corporation in Qatar?

Qatar Corporate Tax

The new corporate tax rate in Qatar is a flat 10%.

Previously, Qatar's corporate tax regime consisted of a tax bracket system, under which the tax rate applying to a particular company was determined by the amount of taxable income it generated. The rates varied from 0 percent for companies earning less than QR100,000 (US$27,473) in a particular year, to 35% for companies generating more than QR5,000,000 (US$1,373,626) in the same period.

This system has now been substantially simplified. Qatar's new income tax law is aimed at encouraging foreign investment. As of 1 January companies will be taxed on their taxable profits at a flat rate of 10 percent, benefiting businesses with substantial interests and activities in Qatar. The flat rate regime will potentially reduce the tax cost of doing business in Qatar, as well as reducing the administrative burden on companies and increasing certainty regarding groups' taxation affairs.