Axiom Consultants & Partners · Doha, Qatar
Audit management in Qatar
You have one point of contact for the whole audit. We manage the process end to end and prepare audit-ready Arabic financial statements for the GTA, your bank and your investors.
Axiom Consultants & Partners · DohaLimited liability and shareholding companies in Qatar must appoint an auditor every year under the Commercial Companies Law. For tax, any company with a foreign owner, and any branch of a foreign company, must file audited financial statements from a GTA-registered auditor regardless of size. Companies wholly owned by Qatari or resident GCC nationals need an audit from QAR 1 million capital or QAR 5 million income. Axiom runs the whole engagement for you, up to and including the filing.
Do you need an audit?
Answer three questions to see whether the GTA expects audited accounts with your tax return.
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- Trade name, CR, licences and Qatar Chamber
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Key facts
| Item | Rule |
|---|---|
| Auditor appointment (LLC) | One or more auditors appointed every year |
| Who may audit | Auditors registered in the Auditors' Register at MOCI |
| For tax filing | Audited statements from a GTA-registered auditor |
| Foreign-owned or branch | Audit every year, regardless of capital or income |
| 100% Qatari or resident GCC | Audit from QAR 1m capital or QAR 5m income |
| Framework | IFRS; financial statements submitted in Arabic |
| Deadline | With the tax return, within 4 months of year-end |
| Records | Kept at the place of business in Qatar for 10 years |
| Legal reserve (LLC) | 10% of net profit each year until it reaches half the capital |
| Penalty | QAR 30,000 for failing to submit audited accounts or keep books |
How Axiom manages your audit
Axiom manages your audit process end to end, and you deal with a single point of contact. You get one timetable and one fee, and the same team stays on it from the first planning call until the accounts are filed.
- Scoping, timetable and a fixed fee agreed upfront
- Document requests, follow-up and books clean-up
- IFRS financial statements in English and Arabic
- Fieldwork support, queries and follow-up on management letter points
- Filing the audited accounts with your return on Dhareeba
Our audit management services
Statutory audit management
Statutory audits managed end to end, with audit-ready IFRS financial statements in English and Arabic for Dhareeba, MOCI, banks and shareholders.
First-time audit preparation
For new and growing companies: opening balances, a clean-up of the books if needed, and a clear list of what to prepare before the audit starts.
QFC and Free Zones audit management
Audit-ready accounts and filings that meet QFC Authority and Free Zones Authority rules alongside Qatar tax requirements.
Sector audit preparation
Construction contracts and retentions, real estate, hospitality, healthcare, education, transport and not-for-profit entities.
Internal audit support and controls review
Outsourced or co-sourced internal audit support, risk-based plans and controls reviews that give management and boards a clear action list.
Special reports support
The schedules and supporting records needed for bank covenant certificates, government tender and contract certificates, and liquidation reports.
Forensic reviews and investigations
Fact-finding when fraud or misconduct is suspected, with evidence prepared to legal standards.
IFRS advisory
Help with new and complex standards (for example IFRS 15, IFRS 16, and IFRS 18 coming in 2027) before they become audit questions.
How the audit process works
- Planning call (week 0). Scope, materiality, timetable and a document request list.
- Interim preparation. An early look at your records and controls, so year-end is faster.
- Year-end fieldwork support. Schedules and evidence prepared, stock count arranged where needed, and queries resolved as they come up, not at the end.
- Reporting. Draft financial statements and any management letter points reviewed with you, then the final audited accounts and the Arabic version ready for the GTA.
- Filing. Accounts attached to your tax return on Dhareeba before the four-month deadline.
What you get beyond the audited accounts
- A controls action list that takes the points raised during the audit, ranks them by risk and sets out practical fixes.
- A tax touch-point: our Managing Partner flags WHT, transfer pricing or deductibility issues that come up during the audit.
- A next-year plan so the following audit is faster and cheaper.
Why Axiom
- Partner-led. Our Managing Partner leads your engagement personally and stays with it until the accounts are filed.
- One point of contact. One team handles your documents, queries and filing, so you're not chasing several different parties for answers.
- On time. We plan back from your tax deadline, not forward from when we can fit you in.
- One fee, agreed before we start, covering our audit management work right through to filing. Ask for a quote and we'll send you a fixed fee within one business day.
Frequently asked questions
Does every company in Qatar need an audit?
Under the Commercial Companies Law, limited liability and shareholding companies appoint an auditor every year. For tax, foreign-owned companies and branches must attach audited accounts regardless of size; companies wholly owned by Qatari or resident GCC nationals below QAR 1m capital and QAR 5m income file a simplified return without one.
Who issues the audit report?
Statutory audit reports are issued by an independent auditor licensed in Qatar.
Must financial statements be in Arabic?
Yes, for submission to the GTA for tax years from 1 January 2020.
How long does an audit take?
It depends on the size of the company and the state of its books. We agree a timetable with you before we start, planned around the four-month GTA deadline.
What is the difference between Those Charged with Governance and management?
Those Charged with Governance, such as the board or partners, oversee the company's direction and its financial reporting. Management runs day-to-day operations and prepares the financial statements.
How is the financial year set?
By the articles of association. It is 12 months, except the first financial year, which can be shorter or longer (Law No. 11 of 2015, Art. 182).
How much does audit management cost?
It depends on size, transaction volume and the state of your records. We quote a fixed fee after a short call.
Rules on this page were last checked against official Qatar government sources on 7 October 2026.
Need audit-ready accounts before the tax deadline?
Tell us your year-end and we'll send a fixed quote for managing your audit.