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5% VAT is expected in Qatar

  • Author:Nicole Zhang
  • Source:Onekin
  • Release on:2016-10-15
  Due to concern of oil price failing, GGC countirs is taking actions to lower the deficit.
  As a result of this concern, Qatar is going to take 5% value-added tax(VAT) strat from 2018. According to a news, small and mid-size enterprise will be effected by this.
  Learners has suggest that companies change their process for each apartment, in order to meet this challenge. 
  Though retailers show they would absorb some or all of the tax, in order to maintain their current business.