Audit and accounting for small and medium companies in Qatar
Thiqa Consulting works with small and medium companies in Qatar on the jobs that come round every year: keeping the books, the yearly audit, the corporate income tax return on Dhareeba and accounts for the bank. We agree the scope, responsibilities and fee before work starts. Tell us about your company and we suggest where to start.
- One team for it allBooks, audit support and tax together
- Fixed feeAgreed in writing before we start
- Ready on timeYear-end work planned, not rushed
- Clear guidanceWhat applies to you, and why
A small coffee shop with outdoor tables in the souq at Al Wakra
What small companies in Qatar usually deal with
Most owners we speak to are running the business and the finances at the same time. These are the issues that come up most.
Books kept late
One person, or a part-time accountant, keeps the books, and they fall behind when the business is busy.
A rush every spring
The yearly accounts, the audit and the tax return all land at once, close to the deadline.
Tax returns with nothing to pay
Qatari-owned companies often think no return is due. Companies with no tax to pay still file one.
Accounts for the bank
A bank, Qatar Development Bank or a tender asks for audited or reviewed accounts at short notice.
The cost of a full-time accountant
Hiring one is more than the company needs, but the work still has to be done properly.
Not knowing what applies
Owners are unsure which filings, audits and deadlines apply to their type of company.
How we help a small or growing company
Most companies need the same few services, in roughly this order. Start with whichever is most urgent.
- 1Accounting and bookkeepingBooks kept up to date every month, so the year-end is not a rush.View service
- 2External auditThe yearly audit, when owners, the ministry, the tax return or the bank need it.View service
- 3Review of financial statementsA review instead of a full audit, when the reader accepts one.View service
- 4Corporate income tax returnThe yearly corporate income tax return, including when no tax is due.View service
- 5Dhareeba registration and tax cardDhareeba registration and the tax card for a new or growing company.View service
- 6Budgeting and forecastingA budget and cash forecast once the company starts to grow.View service
We agree each engagement separately. If we keep your books or prepare your accounts, a different firm must audit them. Audit work also depends on the registrations required for your company.
What an LLC or WLL usually needs each year
Most small companies in Qatar are limited liability companies, often called LLCs or WLLs. Each year they prepare financial statements, file a corporate income tax return on Dhareeba and keep proper books.
A mainland LLC has a company-law duty to appoint an auditor each year. Tax-return requirements are a separate question and also depend on ownership and residence. Tell us your company type, ownership, capital and year end so we can check both obligations.
- Books kept through the year
- Financial statements at year end
- An audit where it applies
- The corporate income tax return on Dhareeba
How we work with a small company
- 1
A short first call
You tell us about the company and what is due. We tell you what applies.
- 2
Fixed fee in writing
A written proposal with what we do, what we need from you and the price.
- 3
Work through the year
We keep things moving month by month, not only at the deadline.
- 4
Year end without the rush
Accounts, audit support and the tax return, done on time.
Get expert advice for your business
Tell us what you need. We reply with a written proposal covering the scope, the documents we need and the timeline.
Questions small companies ask us
Short answers. Open a question to read the answer.
Does a small LLC or WLL in Qatar need an audit?
Usually, yes. The Commercial Companies Law says a limited liability company appoints one or more auditors at its general assembly every year. In addition, the General Tax Authority’s rules require audited accounts with the tax return above set limits on capital and income, and banks, Qatar Development Bank and tenders often ask for them. Tell us about your company and we confirm what applies.
Can you keep our books and also audit our accounts?
Not for the same accounts. An auditor cannot audit financial statements it prepared, because the audit must be independent. We can keep your books and prepare the accounts, and another auditor audits them, or we audit accounts prepared by someone else. We tell you which arrangement fits before we start.
Do I need audited accounts for a bank or QDB loan?
Lenders usually ask for recent financial statements, and many ask for audited ones, especially for larger amounts. The requirement differs between banks and programmes, so ask your lender which format it needs. We then prepare the accounts and support the audit or review it asks for.
What does a small company in Qatar have to do each year?
Four things for most companies: keep proper books through the year, prepare financial statements at year end, have them audited where the rules require it, and file the corporate income tax return on Dhareeba within four months of the year end, even when no tax is due. Changes to ownership, activity or address are reported to the General Tax Authority within 30 days.
How can we avoid a rush before the tax deadline?
Close the books every month instead of once a year. If the bank and supplier accounts are reconciled monthly, the year-end accounts can be ready soon after the year closes, leaving time for the audit before the return is due: 30 April for a December year end. Book the audit early and agree the timetable in writing. We plan the year with you.
Answers checked against the Commercial Companies Law and the General Tax Authority’s published texts on 13 October 2026. General Tax Authority
Other industries and companies we work with
Tell us what you need. We reply with a written proposal.
You get the scope, the papers we need and the time it takes.
- 1You send your details by WhatsApp or email.
- 2We read them and ask anything we need to know.
- 3You get a written proposal: scope, papers and timing.