Qatar (QA)

Jurisdiction Overview

272 *Is there an obligation to keep accounting data? Yes
 Data Date: 2019


The Global Forum reported that all relevant entities and arrangements must maintain proper accounts including underlying documentation: "The Commercial Law provides that all traders must maintain accounting records. The term 'trader' means a legally capable individual who carries on commercial acts in his own name as a profession. In addition, all commercial companies (including partnerships) are considered traders (Commercial Law, art.‚ÄČ12)" (GF 2017: 61).


GF 2017: 61