HLB Marks 50th Anniversary Adding Antonio Ghaleb & Partner In Qatar 04 July 2019   Global accounting and advisory network HLB has admitted a new member firm in Qatar: Antonio Ghaleb & Partner CPA. Adding to its extensive coverage right across the Middle East, global accounting and advisory network HLB has appointed Antonio Ghaleb & Partner CPA of Qatar as … Read More

Company Formations: A Jurisdiction Guide To Setting Up A Business 27 January 2019   # QUESTION ONE What are the most common structures used when international clients want to form a company in your jurisdiction? Any examples? The legal structures according to the Qatari Commercial Law are the following: Joint Liability Company Limited Partnership Joint Venture Company Public Shareholding Company … Read More

Excise Tax In Qatar 27 January 2019   The law number 25 of the year 2018 stipulates in details the Excise Tax and the taxable persons or firms, who must register and file the tax return along with the penalties and tax assessment. Excise Tax is a new law, which came into force by the 1st of January 2019 oblige … Read More

Consolidated Financial Statements 21 January 2019   Consolidated financial statements as per IFRS 10; how to assess control between an investor and investee and when the investee is considered a subsidiary? Consolidated financial statement is a hot topic for the companies that own subsidiaries. Assessing the level of control entity A has over entity B enables us to decide whether … Read More

Accounting And Bookkeeping Servicess | Antonio Ghaleb 22 March 2018   Antonio Ghaleb & Partner CPA provides bookkeeping and accounting services to the companies. Most of the companies are looking nowadays to reduce the overhead expenses and use this process as a new strategy to sustain in business and ensure profitability. Our audit firm is reputable, and its team has … Read More

International Financial Reporting Standards 22 March 2018   Business leaders that deal with long-term contracting projects face unique financial reporting issues related to the accurate reporting of revenue. International Financial Reporting Standards (IFRS) require reporting revenue based upon the percent of completion of a project as of the last day of the reporting year (International Financial Reporting Standards [IFRS], 2015a). … Read More

Corporate Tax 22 March 2018   When the Tax season starts at Qatar most of the companies become significantly busy in preparing the financial statements and relevant supporting documents for the auditor’s review. Also, along with the financial statements, every company must arrange its books to comply with the Tax law in Qatar and submit Tax return or Tax declaration … Read More

Withholding Tax 22 March 2018   Most of the companies must be cautious while dealing with Foreign Service Providers, which are not registered in Qatar. Companies must deduct withholding Tax 5 or 7% depending on the type of activity the Service Provider performs at Qatar. Withholding Tax is applicable only on the services performed by the Service Providers to the … Read More