How to Choose the Right Payroll Outsourcing Company for Your Business?
A payroll management system is an organizational structure that controls the salaries of employees. However, today, payroll management systems encompass a much larger profile. It not only includes managing wages of employees but also manages the leave and holidays of…
Advantages of Auditing for Businesses
Auditing is the process of inspecting and maintaining books of accounts. It portrays the financial position of the company. Irrespective of the size, all businesses and companies require their books of accounts to be inspected annually. There are various advantages…
Things to Consider Before Choosing an Audit Firm
Before pondering over the points to consider before choosing an audit firm in Qatar, it is necessary to know why it is important to hire a top audit firm. Hiring the service of an auditing firm is inevitable for any…
The Difference Between Internal and External Audits
Although internal and external audits are similar with regard to their approach, they differ widely when it comes to their focus points. The working principles of both internal and external audits are the same, and there lies the point of…
Income Tax Return extension till the end of December 2021
The General Tax Authority has issued today circular 6/2021, in which it has extended the grace period of submitting the financial statements and Income Tax Return in the Dhareeba system, whether on an accrual basis return or simple tax return.…
Income Tax Law (24) 2018 and Its Executive Regulation for Qatari and GCC citizens
The Income Tax Law and its Executive Regulation stipulate in article 2 para 9-10-11 and article 4 para 9-10-11 respectively that Qatari natural and legal persons are exempted from paying the income tax 10% provided that they are residents in…