It is anticipated that VAT would be broadly imposed at a rate of 5%, and the new VAT regime would have implications for most sales of goods and services in Qatar (with possible limited exceptions being available for certain activities of financial services and insurance).
All persons and entities conducting business in Qatar would need to register for VAT purposes. These VAT-registered businesses would be able to claim a credit for the amount of VAT paid on expenditures relating to their taxable business activities.
Source KPMG
