Our services
Thiqa Consulting provides audit, accounting, tax, advisory and corporate services in Qatar. Explore the five groups below to find the support your company needs. We confirm the scope and any registration requirements before accepting an engagement.
Audit and assurance
For when owners, lenders or a tender committee need an independent view of your figures or your controls.
All about audit and assurance- External auditThe yearly audit of your financial statements under ISA, ending in an audit report and a management letter.
- ICV certificationYour ICV scorecard figures and documents prepared before your Tawteen-approved certifier checks them.
- Internal auditA plan built on your main risks, testing of key controls and reports to management, run for you or with your team.
- IT systems auditA check of user access, system changes, ERP controls and backups, with the risks and fixes listed.
- Special purpose auditAn audit of one project, grant, fund or contract, reported in the format the funder, bank or authority asks for.
- Review of financial statementsA review under ISRE 2400: less work than a full audit, for owners and lenders who do not need one.
Tax
For when your company has to register, file or pay with the General Tax Authority, or wants advice first.
All about tax- Corporate income tax returnPreparing the tax computation and yearly return, with support for your company or registered tax agent to file on Dhareeba.
- Tax advisory and health checkAdvice on how Qatar tax applies to your business and new contracts, and a review of tax risks before they cost you.
- Transfer pricingA pricing policy for deals between related companies, with the documentation and benchmarking to support it.
- Withholding taxReviewing payments to non-residents, calculating withholding tax and supporting your company through filing and payment.
- Dhareeba registration and tax cardPreparing your Dhareeba registration application, supporting the tax card process and helping keep company details current.
- E-invoicingGetting your invoices, data and systems ready for e-invoicing, working with your software provider as the new law takes shape.
Accounting and financial reporting
For when the books need keeping, the year-end accounts need preparing, or the system behind them needs fixing.
All about accounting and financial reporting- Accounting and bookkeepingDaily entries, bank and supplier reconciliations and a monthly close, so the books are ready for the auditor and the tax return.
- IFRS advisory and conversionMoving from cash-based or local accounts to IFRS, applying new standards and checking the disclosures.
- Budgeting and forecastingA yearly budget, a cash flow forecast and budget-against-actual reports you can run the business by.
- Accounting system setupChoosing the system, building the chart of accounts and reports, moving old data and training your team.
Advisory
For when you are buying, selling, valuing, funding or turning round a business, or tightening its controls.
All about advisory- Mergers and acquisitionsFinding a buyer or a company to buy, structuring the deal and supporting you through negotiation.
- Feasibility studiesMarket, costs, projections and risks for a new project, in a report banks and investors can use.
- Business valuationThe value of a company or its shares, with the method explained in a written report.
- Due diligenceFinancial checks before you buy or invest: quality of earnings, debt, working capital and hidden liabilities.
- Internal controls and risk advisoryA risk assessment and review of key process controls, with an action plan to close the gaps.
- RestructuringA review of performance and cash, a turnaround plan and support in talks with banks.
- Business plans and financial modelsA written plan and a three-statement model with best, base and worst cases.
Corporate services
For when you are opening a company in Qatar or closing one.
All about corporate services- Company formationChoosing the legal form and route, registering the company and getting it ready to trade, with the books and tax set up from day one.
- Liquidation and company closureClosing a company properly: liquidator, public notice, paying debts, final accounts and cancelling the registration and tax file.
Which service do you need?
If someone outside the company has to rely on your figures, such as a bank, a tender committee or your shareholders, start with audit and assurance. If the question is what to register, file or pay, start with tax. If the books are behind or not set up the way your auditor needs, start with accounting: an audit or a tax return is only as good as the records under it. If you are buying, selling, valuing or funding a business, look at advisory. You can ask about more than one at once.
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.
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.