As we progress through 2025, it is crucial to take note of an important deadline that could significantly impact the financial standing of companies registered under the Qatar Financial Center (QFC) framework.

For entities under the QFC regime, audited financial statements for the period ending December 31, 2024, must be submitted to the Companies Registration Office (CRO).

Compliance Requirements:

1. Audit Obligation: 
Financial statements must be audited by a QFC-accredited auditor.


2. Members’ Meeting
Company members must convene within four months following the close of the financial period (by April 30, 2025).


3. Approval Process:
The board of directors must formally approve the audited financial statements.


4. Filing Deadline:
The audited financial statements must be submitted to the CRO within 21 days of the members’ meeting.


5. Tax Filing:
Tax filing dealing is 30 June 2025 for the companies that the accounting period ended 31 of December 2024

 

Failure to comply with these requirements may result in substantial financial penalties as outlined in Schedule 1 Contraventions of QFC rules and regulations.

Are You Prepared?

At HLB AG, we specialize in guiding businesses through the complexities of tax filing and audit preparation. Our expertise ensures a seamless, compliant, and timely submission process, helping you avoid unnecessary penalties and financial setbacks.

Take Action Now

Don’t wait until the last minute—proactive steps today will ensure compliance and financial clarity. Reach out to us now to secure your business’s regulatory standing and pave the way for continued success.


Contact us: [email protected]
Call us: 7777 1870

©2025 Antonio Ghaleb and Partner CPA and HLB AG-Members of HLB. All rights reserved. These highlights have been prepared for general guidance on matters of interest only and do not constitute professional advice. You should obtain professional advice before taking action on the information contained in these highlights. Antonio Ghaleb and Partner CPA and its employees do not give any representation or warranty (express or implied) regarding the accuracy or completeness of the information contained in these highlights. Antonio Ghaleb and Partner CPA and its employees do not assume any responsibility, liability, duty of care for any negative consequences that may result in reliance to these highlights and for any decision based on them.