Taxation and auditing services are two of the most important services that are conducted in a company or organization. In Qatar, every company or organization follows the procedure of taxation and auditing which helps the company to maintain it’s accounts. Taxation is the means through which government imposes certain tax rates on it’s citizens and business entities.
WHAT ARE THE
INFLUENCE OF TAX AND AUDIT SERVICES IN QATAR?
Over the past years, Qatar has been rapidly developing its business infrastructure and has been an abode for various new businesses
and services to flourish. In Qatar, there are no taxes levied on the income of
the person. However, when it comes to company taxation, around 10% of total
income is charged depending upon the revenue and type of business.
Auditing is done for a company in order to keep a
record of all financial details and transactions that happens within a company
or organization. This helps a great deal in maintaining the business structures
and keeps on every financial dealing that takes place for various business activities.
The auditors are tasked with the duty of monitoring the fairness of every
financial transaction and keeps a record of the same. Therefore, auditors are
in great demand due to the establishment of new companies and organizations in
Qatar.
WHAT ARE THE
DIFFERENT AUDITING SERVICES THAT ARE PERFORMED IN QATAR?
Some of the different types of auditing services that
are conducted in accordance with the guidelines are as follows
·
Company Statutory Audit
·
Taxation Audit
·
Internal Company Audit
·
Cost efficiency Audit
·
Company Financial statement Audits
·
Internal Audit
These services ensure the smooth functioning of the company
without any hassles or issues. Some of the features of auditing services are as follows
Ø
It enables us to maintain efficiency in
various business operations and practices.
Ø
A proper audit ensures that the data
and information of the company are secure and reliable.
Ø
It plays an important role in
correcting any faults or incorrect procedures in any transactions.
Call: +974 44271100
Mail: cf@qatarhelplinegroup.com
www.qatarhelplinegroup.com
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