ablcc_newsletter-December 2022

44 85 Qatar Economic & Commercial Activities Guide Dividends and other income generated by shares in accordance with the conditions set forth in Law No. (24) of 2018 Issuing the Income Tax Law. Small craft business (three employees or less). Income of companies operating in agriculture, fishing, sea and air transport, on the condition of reciprocity. Qatari legal individuals residing in the country. Capital Gains Tax Capital gains of the sale of real estate and/or securities of a legal person are not subject to capital gains tax, provided that the source asset is not part of a taxable activity (such as trading). Other taxes It is worth noting that there are no other taxes, as the State of Qatar is one of the few countries around the world that imposes a low tax rate, which makes it an attractive business environment for expatriate individuals and companies. For more information about taxes, please visit the Qatar Financial Center website. Registration of a taxpayer in “Dhareeba” Tax Portal This service enables the taxpayer who has registered with the Ministry of Commerce and Industry (not in a Single Window) to register for tax in the "Dhareeba" system for various taxes and obtain a tax registration certificate, within a period of (60) days from the date of getting the approval of the competent authority to start the business or Registration in the commercial register or from the first day of getting income, whichever is earlier, or on the same day of registration for any other tax purposes. Electronic Registration Log in the National Authentication System Select the “Registration” service, then “Self-Registration Service” or “Taxpayer Registration” Click on start now after reading the instructions that appear after choosing the self-registration service “Taxpayer Registration” Fill in the required data "General Information". Choose the taxpayer category (special entity). Choose your institution type. Press to continue. Enter the institution data. Enter the institution address details, then press Continue. Enter the data of the person responsible for taxes in the institution. (If you are the same person who is in charge of tax issues, the data will be filled in automatically.) Fill out the tax details section in case the taxpayer carries out any economic business in Qatar, in addition to uploading a file as evidence of the accuracy of the entered information and uploading a copy of the first commercial license. Click on the confirmation button to admit the accuracy of the entered information. Application Submission You will receive a message containing the application reference number and stating that the application is under review at the General Tax Authority. Additional information If the taxpayer does not have any economic activity in Qatar, the tax information section details screen will not appear. Taxation System

RkJQdWJsaXNoZXIy MTM3ODY1Mg==