Qatar

Seminar on setting up business in Qatar

Seminar on setting up business in Qatar

June 12, 2012 | 12:00 AM

CASL officials with Balasubramaniam

The Chartered Accountants of Sri Lanka (CASL)-Qatar chapter has hosted a professional seminar on ‘Doing business in Qatar and its tax implications.’The guest lecturer at the event was Gopal Balasubramaniam, partner KPMG in Qatar and a fellow member of the Institute of Chartered Accountants of India. He spoke on the key provisions of foreign capital investment law no 13 of 2000 and Qatar Commercial Companies Law no 5 of 2002. Balasubramaniam talked about preferred business structures available for the companies intending to set up business in Qatar, the distinct advantages of different options and the formalities for incorporating an entity in Qatar. He also spoke on the key provisions of new Qatar Income Tax law which is in effect from January 1, 2010 and the associated executive regulations, and also touched upon doing business under the QFC umbrella. Balasubramaniam has been with KPMG in Qatar for more than 18 years providing audit, tax and advisory services to clients.“The presentation was a great source of professional development for our members,” the chapter president Rizwan Yaseen said. KPMG, Commercialbank, ECCO Gulf, and Gulf Consolidated Contractors were the sponsors of the event.

June 12, 2012 | 12:00 AM