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Qatar may Introduce 5% VAT in Summer 2023
Doha February 22, 2023:
Qatar’s VAT regime can be expected during 2023. The country is said to be progressing with plans to introduce a 5 percent VAT regime in the Summer and it is anticipated that its authorities may soon announce a value-added tax (VAT) law and executive regulation in the months to come.
VAT would affect most sales of goods and services in Qatar, with limited exemptions (e.g. financial services, insurance) and consumption tax relief. VAT-registered businesses will be able to claim credit for VAT paid on their expenditure, relating to their taxable business activities.