Taxation Service

Our Business Tax services are designed to meet your business tax compliance and advisory needs. Our tax professionals draw on their diverse perspectives and skills to give you a seamless service through all the challenges of planning, financial accounting, tax compliance and maintaining effective relationships with the tax authorities.

On the other hand, we offer tax consultative services, tax planning, assessment of taxable income and tax reserves. Effective strategies for optimizing taxes, implementing innovative tax planning requirements and effectively maintaining compliance.

Tax Planning - in our view, paying the right amount of tax means paying the mini mum the law requires of you. We will help you achieve this with tailored strategies that suit your personal and business circumstances.

Tax Compliance - the best way to minimize your tax liabilities and avoid penalties or fines is to hand your tax affairs over to professionals. Our processes are designed to ensure your return is completed on time and correctly.

Identify and reduce tax risks.

Understand and meet their compliance obligations.

Implement tax strategies that complement their business and operational objectives

Resolve disagreements with tax authorities when they arise and manage tax accounting and reporting issues and design of best in class tax functions.

Withholding Tax - WHT calculation, submission of monthly returns and assessment

ICV Certification Services

Approved ICV Certifier under Tawteen – Qatar Energy

What is In-Country Value (ICV)?

In-Country Value (ICV) measures the economic value created and retained within Qatar through local business activities. It reflects how companies contribute to the national economy through:

• Local procurement of goods and services
• Workforce development and upskilling
• Supplier development initiatives
• Capital investments in Qatar

ICV promotes sustainable growth and strengthens the competitiveness of companies participating in Qatar’s Energy Sector tenders.

ICV Program Objectives

Tawteen’s ICV Program supports the Qatar National Vision 2030 by driving supply-chain localization and enhancing national capabilities. The program aims to:

• Maximize long-term value creation within Qatar
• Develop local talent and suppliers
• Encourage private sector investment and participation

Strategic Focus Areas

The ICV framework in Qatar emphasizes:

• Sustainable economic value creation
• Development of local capabilities
• Encouraging private sector investment and localization

ICV – A Core Part of Procurement

ICV is integrated into procurement strategies across Qatar’s Energy Sector. During tender evaluations, ICV Scores are considered alongside pricing and technical criteria—significantly influencing commercial outcomes and contract awards.

Driving Economic Growth and GDP Diversification

The ICV Program plays a key role in strengthening the national economy by:

• Supporting local business growth
• Enhancing supply-chain resilience
• Reducing reliance on imports
• Encouraging foreign companies to localize operations in Qatar

This contributes to a more diversified and sustainable national GDP.

Supplier Development and Global Competitiveness

ICV encourages companies to invest in:

• Local supplier capability-building
• Workplace training and development
• Innovation, productivity, and operational excellence

These efforts boost both domestic strength and global competitiveness.

Our ICV Certification Services

ICV Scorecard Certification

The ICV Scorecard is a backward-looking assessment based on audited financial statements. It evaluates the actual economic value your company delivered to Qatar during the previous financial year.

Our Scorecard Certification Services Include:

• Reviewing and validating financial and operational data as per Tawteen requirements
• Calculating your official ICV Score using the Enhanced ICV Formula
• Issuing a certified ICV Scorecard for submission to QatarEnergy and other stakeholders

Impact on Procurement:

• A certified ICV Scorecard is mandatory for tender participation
• The ICV Score directly influences commercial evaluation and contractor selection

ICV Plan Certification

The ICV Plan is a forward-looking commitment that outlines a bidder’s planned local spend and development efforts during contract execution.

Our ICV Plan Certification Services Include:

• Assisting suppliers in preparing compliant ICV Plans
• Certifying the completed ICV Plan
• Verifying actual achievement upon contract completion

Impact on Procurement:

• The ICV Plan is a key component of tender submissions
• Strong commitments enhance tender scoring and award potential

Why Companies Choose Us

• Highly experienced chartered accountants trained in the Tawteen ICV Framework
• Independent, transparent, and efficient certification process
• Full compliance with all Tawteen requirements
• Practical guidance to enhance both ICV Scorecard and ICV Plan performance
• Commitment to helping businesses contribute meaningfully to Qatar’s evolving energy sector

Corporate Advisory & Management Consultancy

Planning your strategy, identifying ways of implementing it, dealing with any changes to the way your company is structured — all are integral to running a thriving business. But routine tasks need to be done too. They may not be as exciting, but they are as important.

Organizations are facing uncertain financial markets, global competition, evolving regulation, emerging business models and disruptive technologies. By adapting to these changes faster than their competitors, our clients can unlock their potential for growth. Specifically, our business consulting capabilities help dynamic companies improve efficiencies, manage initiatives and achieve business outcomes. Our solutions support the needs of organizations across the growth lifecycle, helping build a foundation for growth, overcome barriers to growth and create, protect and restore value. We can help identify opportunities, execute growth strategies, manage risk, improve performance and leverage technology.

Learn more about our business consulting services:

- Business analytics

- Enterprise transformation

- Finance operations

- Performance improvement

- Technology solutions

Business set up service

We have rich expertise in Company formation/ Company incorporation services. We offer the best solutions to enter the market, realizing its scope and reach in accordance with the current trend.

This segment is engaged in providing the following services

- With Limited Liability companies

- Industrial license establishments

- Branch or representative office of foreign companies

- Formation of offshore companies in tax-free zones of the world

- Drafting of partnership, commercial agreements

- Outlining and Preparing Memorandums of Understanding (MOUs)

- Liquidation of all types of companies

- 100% foreign ownership companies

Governance, Risks & Compliance, other assignments

Regulatory enactments are consultantly changing the corporate governance landscape. Organizations are held accountable for accuracy and integrity in their business operations, and they must have effective and reliable governance and compliance procedures in place.

SB & Partners helps companies:

- Understand and comply with regulatory requirements

- Implement the right corporate governance framework in regard to these regulations

- Establish appropriate compliance practices

Our services include:-

Internal Audit - Assess your control environment and safeguard business assets and processes, including those that protect data and IT systems.

Enterprise Risk Management(ERM) - Manage and optimize risks by strategically identifying analyzing, overseeing and monitoring the potential risks to an organization. This approach enables a company to determine how much uncertainty and risk are acceptable to continue to add value to the organization.

Regulatory Complaince - Review and assess your regulatory compliance processes, assess the regulatory concerns and recommend the necessary improvements requires to successfully satisfy regulatory mandates.