SnowCap Consultant

Overview of the Taxation System in Qatar
The taxation system in the Qatar is relatively simple compared with many other jurisdictions. The country offers a business-friendly environment with low corporate taxation and no personal income tax on salaries. Tax administration is carried out by the General Tax Authority through the electronic platform Dhareeba Tax Portal.
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1. Types of Taxes in Qatar
The primary taxes applicable in Qatar include:
1. Corporate Income Tax (CIT)
2. Value Added Tax (VAT) – planned under the GCC framework
3. Excise Tax
4. Customs Duties
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2. Corporate Income Tax (CIT)
Corporate Income Tax in Qatar is governed mainly by Income Tax Law No. 24 of 2018 and administered by the General Tax Authority.
Scope of Corporate Tax
Corporate tax applies to income generated from sources within Qatar, including:
• Income from business activities conducted in Qatar
• Income from contracts executed in Qatar
• Income derived from real estate located in Qatar
• Income from shares in Qatari companies
Capital gains arising from the sale of assets are generally treated as ordinary business income and taxed accordingly.

Standard Corporate Tax Rate
• 10% Corporate Income Tax
Applicable Entities
Corporate tax generally applies to:
• Foreign companies operating in Qatar
• Foreign ownership in Qatari companies
Example
If a foreign company or foreign shareholder earns profit from operations in Qatar, the Qatar-source income may be subject to a 10% corporate income tax.
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Special Tax Regimes
Certain sectors may be subject to different tax rates based on contractual agreements with the government, particularly in strategic industries such as:
• Oil and gas operations
• Petrochemical projects
• Major infrastructure developments
Companies engaged in petroleum operations may be taxed at rates of 35% or higher, depending on their agreements with the Government of Qatar.
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Companies Exempt from Corporate Tax
Corporate income tax generally does not apply to companies fully owned by Qatari or GCC nationals who are residents of Qatar.
Examples include:
• Fully Qatari-owned companies
• Companies owned by GCC nationals residing in Qatar
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Corporate Tax Compliance
Companies subject to corporate income tax must:
1. Register with the General Tax Authority
2. Obtain a Tax Card
3. File annual tax returns through the Dhareeba Tax Portal
Filing Deadline
Tax returns must be submitted:
Within 4 months after the end of the financial year.
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Key Features of Qatar’s Corporate Tax System
• Flat 10% corporate income tax rate
• No personal income tax on salaries and wages
• Taxation based on Qatar-source income
• Exemption for fully Qatari or GCC-owned companies
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3. Value Added Tax (VAT)
Definition
Value Added Tax (VAT) is a consumption tax applied on the value added at each stage of the supply chain, from production to final sale.
Standard VAT Rate
Under the GCC VAT framework, the standard rate is expected to be:
• 5%
Background
The Gulf Cooperation Council member states agreed to introduce VAT under a unified GCC VAT Agreement.
Several GCC countries have already implemented VAT, including:
• United Arab Emirates
• Saudi Arabia
Although Qatar has prepared VAT legislation, the tax has not yet been implemented.
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Scope of VAT
VAT generally applies to:
• Goods
• Services
• Imports
• Business transactions
VAT becomes applicable when goods or services are:
• Supplied
• Used
• Utilized
• Benefited from within Qatar
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Persons Liable for VAT
VAT may apply to:
• Individuals
• Companies
• Registered businesses
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VAT Registration and Compliance
Businesses will be required to:
1. Register for VAT
2. Charge VAT on taxable supplies
3. File periodic VAT returns
All filings will be conducted through the Dhareeba Tax Portal.
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4. Excise Tax
Excise tax applies to specific goods considered harmful to health or the environment.
Common examples include:
• To***co products
• Energy drinks
• Carbonated beverages
• Alcohol products (where applicable)
Excise tax rates are generally high, often ranging between 50% and 100% depending on the product category.
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5. Customs Duties
Imported goods entering Qatar are generally subject to:
• 5% Customs Duty
Possible Exemptions
Certain imports may qualify for exemptions, including:
• Goods originating from GCC countries
• Government-approved projects
• Special economic or development projects
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✅ Conclusion
The tax system of Qatar is designed to attract foreign investment and promote economic development. With low corporate tax rates, no personal income tax, and a straightforward compliance framework, Qatar remains one of the most tax-efficient jurisdictions in the region.
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🌍 Why Register Your Company with Pakistan Software Export Board (PSEB)? 🇵🇰

Company registration with Pakistan Software Export Board (PSEB) opens the door to powerful opportunities for IT & IT-enabled service providers in Pakistan.

✨ Key Benefits of PSEB Registration

✅ Tax Incentives – Access income tax exemptions and government-backed incentives
✅ International Recognition – Build credibility with foreign clients and partners
✅ Export Facilitation – Official recognition as an IT/ITES exporter
✅ Business Growth Support – Training, certifications, and industry exposure
✅ Global Market Access – Participation in international exhibitions, events & B2B forums
✅ Investor & Client Confidence – A trusted government-backed registration

🚀 Good News!
Snowcap proudly provides complete PSEB registration services, ensuring a smooth, compliant, and hassle-free process for your business.

📎 One of our valued client’s PSEB Registration Certificates is attached.

The Government of Gilgit-Baltistan has launched an online portal (krts.iclgb.gov.pk) to issue Tax Exemption Certificates for goods imported through the Khunjerab Border. Under the Prime Minister of Pakistan’s directives, federal tax exemptions of up to Rs 4 billion will be granted to eligible traders. The digital system aims to ensure transparency, efficiency, and timely processing, providing financial relief, supporting local traders, and boosting cross-border trade with China. The initiative was developed under the supervision of federal and GB authorities, including the PMRU.

GB News

New Tax Exemption System at Sost Dry Port (From 11 Feb 2026)

The Government of Gilgit-Baltistan (GB) and FBR have started a new official system to give tax relief on goods imported through Sost Dry Port (Khunjerab Border).

What is the Benefit?

No federal taxes on approved goods:

Income Tax

Sales Tax

Federal Excise Duty

2,403 items are approved for exemption

Total annual tax relief limit: Rs. 4 billion

Exemptions are given on a first-come, first-served basis

Who Can Get the Exemption?

Only Gilgit-Baltistan domicile holders

Goods must be used only inside Gilgit-Baltistan

Importer must be registered with FBR/Customs and have an active NTN

Registration & Application Process

A new online portal has been created

Registration starts: Wednesday, 11 February 2026

Importers must:

Register on the portal

Upload documents (like GB domicile)

Get a Tax Exemption Certificate

Important Requirements

WeBOC clearance is compulsory (online authorization for each consignment)

Exemption certificate is issued after verification

Importers must stay within their approved quota

Simple Steps for Importers

Register with FBR/Customs (NTN required)

Apply for exemption on the GB trader online portal

Get approval and exemption certificate

Clear goods through WeBOC

Use goods only in GB

Track your quota usage

Important Note

The official portal will go live on 11 February 2026.
Contact us for Assistance & Get Tax Exemption Certificate
0345 5659928

Attention Please. A Public Notice by Khyber Pakhtunkhwa Revenue Authority - KPRA is given below.

Snowcap Consultant is honored to sponsor CCL Season 04, supporting local talent and the spirit of sportsmanship in Chitral.
We believe in empowering youth, promoting healthy competition, and contributing to community development.

Best wishes to all teams for a successful season!

Chitral Cricket League – Season 04 Update

Chitral Cricket League Season 04 was initially launched in 2025. However, due to unforeseen circumstances, including continuous rainfall and the arrival of the holy month of Ramadan, the tournament could not be completed at that time as player availability was affected.

We are pleased to announce that in 2026, the remaining matches of Chitral Cricket League Season 04 will be conducted. These include the Semi-Finals and the Grand Final, which are scheduled to take place this month in Peshawar.

The successful continuation of this league would not have been possible without the valuable support of our sponsors. We extend our sincere gratitude to SNOWCAP Consultants (Navigating Taxes, Reaching Peaks) SnowCap Consultant for their generous sponsorship and commitment to promoting cricket in the region.

Special thanks to:
Mr. Shafiq ur Rehman – Managing Director
Mr. Shakeel Ahmad – Chief Financial Officer

Their support has played a key role in making the completion of Chitral Cricket League Season 04 possible

Management CHITRAL CRICKET LEAGUE

Company Closure Made Simple & Stress-Free

Is your SMC (Private) Limited or Private Limited company inactive?Not doing any business and want to close it properly?

SNOWCAP CONSULTANT is here to help you cease/close your company through the Easy Exit Policy, strictly as per SECP rules & regulations.

✅ Legal & compliant process
✅ Hassle-free documentation
✅ Expert guidance from start to finish
✅ Time-saving & reliable service

📞 Contact us today and close your company the right way — smoothly and professionally.

SNOWCAP CONSULTANT
Your trusted partner for SECP compliance

|S.R.O. ,7 0)12026 |Summary of FBR Notification (January 8, 2026)

The Federal Board of Revenue (FBR) has amended Rule 81B(9) of the Income Tax Rules, 2002. This amendment explains when and how a person from Azad Jammu & Kashmir (AJK) or Gilgit-Baltistan (GB) can be included in Pakistan’s Active Taxpayers’ List (ATL) under section 181A of the Income Tax Ordinance, 2001.

Key Points in Simple Terms:

Who is eligible?
A person who is already on the Active Taxpayers’ List of AJK or GB can be included in Pakistan’s ATL if:

Their temporary or permanent address is in AJK or GB, or

Their temporary and permanent addresses are in Pakistan.

Verification process (if addresses are in Pakistan):

The Commissioner Inland Revenue (Pakistan) will:

Check through IRIS that the person has no job or business in Pakistan.

Conduct an inquiry and take an undertaking from the person.

The AJK or GB Tax Authority will:

Verify through IRIS that the person has employment or a sole business in AJK or GB.

Removal from ATL:

If the Commissioner believes the person is required to file an income tax return under section 114, and

The person fails to file the return after receiving a notice,
👉 then their name will be removed from Pakistan’s Active Taxpayers’ List.

HAPPY NEW YEAR