Qatar, a country with more expatriates than citizens, is located in the Arab world with Doha as the capital. Over 60% of the nation’s population resides in Doha and its suburbs. The official language is Arabic.
Qatar is the world’s richest country per capita, has a huge human development and is recognized as a high income economy. Known for its influence in the oil and gas industry, Qatar is becoming a major player in the Arab world. The huge natural gas and oil reserves is the key for its financial power. Fishing and pearl hunting were the most important parts of the Qatari economy before the discovery of oil.
No personal income tax is the main answer in many expats decision to accept work in Qatar. So CXC has a lot of experience with queries regarding the work permit/residence permit and deregistration and exit permit to give assistance to their contractors.
Taxation in Qatar is relatively straightforward for contractors. Qatar has no personal income tax on salaries but contract workers require Visas to contract there. If you are planning contracting in Qatar, it would be wise to consult with CXC Global on the best way to do so, and how best to balance your taxation in your country of tax residence.
With our extensive experience and expertise in contractor management, assisting organizations with their contingent workforce, CXC Global has the resources and solutions to manage the administration process associated with contracting in Qatar, Work Permits, local payroll, and can assist clients realize a return on their income.