AL RAYAN ZAKAT & TAX

الـريـان لإستشـارات الـزكـاة والضرائب 

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Our Main Services

Value Added Tax Consultancy

 

VAT is an indirect tax imposed on all goods and services purchased and sold by enterprises, with some exceptions. VAT is applied in more than 160 countries around the world and is a key source of income that contributes to the strengthening of state budgets. The Kingdom has committed to apply VAT at 5% as of 1 January 2018 (14 Rabi 'Al Thani 1439). VAT is levied at each stage of the supply chain, from production to distribution to the final sale of the goods or services to the final consumer.

Zakat & Tax Consultancy

 

Planning and providing Zakat and tax advice and assisting our clients in complying with zakat and tax regulations. Preparation and submission of Zakat and income tax returns, issuance of final and restricted certificates, letters of facilitation and release of final contract payments. Procedures of Objection and Appeal on Zakat and Taxation Bills issued by the General Authority for Zakat and Income.

Financial Advisory & Business Planning

 

Qualifying and training the employees of companies and institutions in order to comply with the requirements of VAT systems. Analysis, follow-up and financial assessment. Financial incentive planning. Financial supervision of various projects. Design of financial systems and regulations (Financial and accounting system) Internal control system.

Services Overview

alue Added Tax Consultancy

 

  • Registration of companies and institutions in the register of taxpayers of the value added tax of the General Authority for Zakat and Income and obtain the tax identification number.
  • Evaluate the tax effect on the establishments and review the contracts signed with suppliers and service providers and provide proper advice for the correct application of value added tax
  • Participate in the amendment and development of the accounting system to comply with VAT.
  • Staff training on VAT.
  • Fill in and submit VAT declarations on the Zakat and Income Authority website.
  • Holding specialized training courses in value added tax.
  • Objection to tax dues and representation of taxpayers before the primary and appellate committees.

Zakat & Tax Consultancy

 

  • Planning and providing Zakat and tax advice and assisting our clients in complying with zakat and tax regulations
  • Preparation and submission of Zakat and income tax returns, issuance of final and restricted certificates, letters of facilitation and release of final contract payments.
  • Procedures for objection and appeal on Zakat and tax dues issued by the General Authority for Zakat and Income.
  • Attending the sessions of the Preliminary and Appeals Committees and the Board of Grievances.
  • Procedures for attending and monitoring the field inspections carried out by the Commission.
  • End Zakat and tax status with the General Authority for Zakat and Income.
  • Preparation and submission of tax deduction and the work of tax recovery models.
  • Zakat review and comprehensive tax for the accounts of companies and institutions to deal with Zakat and tax differences that can be issued by the General Authority for Zakat and Income in the future.

Financial Advisory & Business Planning

 

  • Qualifying and training the employees of companies and institutions in order to comply with the requirements of VAT systems.
  • Analysis, follow-up and financial assessment.
  • Financial incentive planning.
  • Financial supervision of various projects.
  • Financial systems and regulations (financial and accounting system, internal control system).
  • Representing clients and negotiating on their behalf in various banking, finance and other entities.
  • Employment services by training the client's staff to deal with different financial systems.
  • Corporate evaluation and financial performance.
  • Financial studies for mergers and acquisitions, borrowing, capital increase, settlement of non-performing loans and liquidation.
  • Judicial guardianship, financial issues and the distribution of the estate.
  • Preparation of feasibility studies for large and medium-sized commercial and industrial projects.

AL-RAYAN QUALIFIED TECHNICAL TEAM

HIGHLY QUALIFIED AND READY ACCOUNTANTS

 

GOVERNMENT RELATIONS OFFICIALS ARE FULLY AWARE OF GOVERNMENT PROCEDURES AND REGULATIONS

ADMINISTRATIVE STAFF WITH EXPERIENCE AND HIGH SKILL IN THE DEPARTMENT OF VARIOUS DEPARTMENTS