The General Tax Authority has issued today circular 6/2021, in which it has extended the grace period of submitting the financial statements and Income Tax Return in the Dhareeba system, whether on an accrual basis return or simple tax return. The companies that are owned 100% by Qatar and GCC citizens and exempted from the Income Tax are supposed to file their return on the 31st of August 2021, according to the circular 2/2021; hence, this extension gives the taxpayers another four months (till the end of December 2021) to arrange all the documents and meet the deadline to avoid any delay penalty.

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