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Written by WebIncorp

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Published: 29 May 2016

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Written by WebIncorp

Category: Custom Pages

Published: 22 May 2016

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Q1. When do you need to prepare financial statement?
A1. Financial statements should prepare no longer than March each year.

Q2. To whom you will present your financial statement?
A2. To the owners/partners, investors, financers, Tax dept.

Q3. Is my Company Taxable or not?
A3. - If the company owned by Qatari 100%, then it is not taxable, but should issue Tax card
      - If there is Non-Qatari own part in the company, then its taxable and must issue tax card.

Q4. When to submit tax clearance?
A4. No longer than April 30 th .

Q5. When should issue tax card (Tax registration and tax card)
A5. Direct when get the CR

-The tax law says that if you are a taxpayer and you are Carrying on a business activity in Qatar then you should Register with the PRTD and submit an application for a tax card within 30 days from whichever is the earlier date, of obtaining commercial registration or the first day of Realization of income from the activity. In practice it is Prudent to act within 30 days of obtaining commercial Registration even if there may be a delay before you receive Your first income from the activity. A penalty of QAR5000 ($1370) may be imposed for failure To register and apply for a tax card within the deadline. The Duration of the first taxable period must be a minimum of Six months and a maximum of 18 months. Thereafter, each Period will be 12 months in duration. The default tax yearend Date is December 31. An application may be made to the PRTD to seek approval for a different year-end date.

Q6.What is the requirements for tax card/registration/renewal?
A6.
    1. Authorization letter from the company addressed to the Auditing-Accounting Firm
    2. Original previous Tax Card
    3. Photo copy of Valid Commercial Registration
    4. Photo copy of Valid Business/Trading license
    5. Photo copy of Valid computer ID
    6. Photo copy of both Owners and Partners valid ID
   7. Establishment contract (only for first time registration of tax card)

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Written by WebIncorp

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Published: 22 May 2016

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When it comes to assessing firms of accountants and deciding which one you’d like to use, we believe that for most business owners it’s not a question of price, but also a question of standards, ethics and, above all, values. After all, you want to deal with people you like and trust, not just people who offer the cheapest price!.

Of course, as Chartered Accountants we are obliged to demonstrate the highest standards of professional conduct and ethical behavior to safeguard public trust in financial reporting and business practices.

But at Al-Jammali we go much further than that! In our experience, clients today are looking for far more than their accountants. In this “ new economy” clients are looking for a trusted business partner to guide them through the challenges that lie ahead- not simply a different clerk from a faceless firm who turns up once a year.

• When you need to talk over a problem, you want partner-level access without fear that the clock is ticking.
• You want useful information and guidance given freely as a matter of course.
• Above all, you want to feel your accountants are there to help you improve your business results; make the right financial decisions; help with strategy and planning issues end, of course pay the right amount of tax and not more.

With that in mind, we have set our Values Statement as follows:

Al-Jammali stands for:

> Commitment and Dedication to our clients’ success.
> Honesty and Integrity in all our dealing with clients.
> Enthusiasm and Positive Attitude at all times.
> Clarity in communication.
> A profit- focused Entrepreneurial Spirit that reflects our clients’ approach to business.
> Independence and Objectivity in producing reports and information.

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Written by WebIncorp

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Published: 22 May 2016

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We are a growing International office recognized for providing quality service to our clients in an efficient and timely manner. Our services are offered at a reasonable cost in an environment where creative, people-oriented professionals can grow with our clients. Office success has been achieved through a strong commitment to helping our clients become successful.

Founded in 2003 in Doha- Qatar and in 2012 in UK, we saw an opportunity to provide professional accounting, tax, consulting and accounting services to a wide variety of clients. Our goal was to render quality service, provide a personalized yet objective approach, and take a genuine interest in the prosperity and success of the office›s clients.

Today, Al-Jammali for Auditing and Accounting continues to grow as a full-service office. Since our founding, we have believed that it is not enough just to stress quality within our office. We also need to test that quality and report the results of those tests to you, our client.

We work hard to understand your business and are available year round for management consultation. Our office is structured to assure partner and manager involvement with your work. Our most talented, experienced professionals combine their skills with knowledge of your business to assist you with management decisions, directly benefiting you. Because users of financial statements do not always need the same degree of assurance, we offer four distinct services involving financial statements: Accountants, Audits, Taxation, and Financial Consulting. These services are keyed to meet different needs.

The office’s approach is one of understanding the business problem. Our goal is to not just be financial historians but financial planners for our clients. We offer services for the entrepreneur starting a new company or the mature company looking for new ideas.

Adaptable, enthusiastic, professional and effective! We pride ourselves in being adaptable (all clients are different), enthusiastic (they often need an infusion of positivity), professional ( it goes with the territory) and, above all, effective!