Doha: President of the General Tax Authority (GTA), Khalifa bin Jassim Al Jaham Al Kuwari, underscored the GTA's enduring commitment to enhancing business climate and expediting the procedures for taxpayers through launching creative initiatives to support national economy and realize the Qatar National Vision 2030.
Speaking to Qatar News Agency (QNA), His Excellency highlighted that the authority has launched an initiative for 100% exemption from financial penalties effective from March 1 2025, emphasizing that all GTA's initiatives intend to support the investment environment in Qatar and accelerate businesses growth in sync with laws and regulations enforced in the State of Qatar.
Through this initiative the GTA strives to ease the financial burden on taxpayers and help the firms rectify their tax status as an extraordinary opportunity that offers a multitude of merits for them, primarily exemption from financial fines, His Excellency highlighted.
He outlined that the initiative would alleviate the accumulated financial burdens for taxpayers, correct their tax statues and update their data through their online registration on the Dhareeba Portal, in addition to submitting tax declarations and enhancing their compliance with the enforced regulations.
President of GTA pointed out that the foremost value of this initiative entails forging a close cooperation with a wide diversity of social and economic segments to further build a rock-solid relationship based on mutual trust, affirming that all steps are meticulously learned to enhance this trust and achieve all interests, in addition to fostering an enduring partnership with companies and taxpayers to build a prosperous economic future for the State of Qatar.
The duration of the financial penalty exemption initiative has been set for six months, beginning on Mar. 1, 2025, he noted, indicating that applications can be submitted through the portal, with approval granted if all requirements are met within one business day.
He highlighted that the authority has set a series of regulations for this initiative that ensure effective and regulatory realization of the objectives of this initiative, in addition to maximizing the benefits for all parties, with particular emphasis on streamlining the entire taxpayer process.
The most salient regulations include registration on the online Dhareeba portal to update the data registered on GTA to ensure information accuracy, and submission of all required tax declarations and pending financial data, he highlighted. He stated that firms should pledge to adhere to submitting these declarations and repaying the due taxes by the set deadlines over the next three years.
