Workforce Payments Guide Qatar

Last updated: Dec 19, 2023

Qatari Riyal (QAR)
Payroll Frequency
Fiscal Year
1 April - 31 March
Employer Taxes
Employee Costs
Central Bank
Qatar Central Bank
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3rd Party Payments

In Qatar, the tax payable is based on the tax declaration and should be paid on the same day that the tax return is due. The tax return is due within four months from the end of a company’s accounting period. For example, taxpayers with a tax year ended 31 December 2021 must have submitted their 2021 tax returns on or before 30 April 2022.

Please note that all tax returns are required to be filed and other tax submissions made using the new Tax Administration System (TAS), Dhareeba.

Payments Coverage

Papaya Global is only able to support SWIFT payments.

The funding currencies are AED, AUD, CAD, CHF, kr DKK, EUR, GBP, HKD, NZD, kr SEK, SGD, and USD. The payout may be in local and other currencies, and the payment is made in up to 3 days.

Contractor Payments

Papaya Global supports payments to contractors in Qatar. The payout currency may vary based on the receiver bank account setup when receiving foreign currencies. it is advised for contractors to reach out to their bank to confirm how foreign currencies are handled

Payroll Frequency



IBAN Example Qatar


IBAN in print QA15 IEZO 7736 3972 3841 2753 7433 4
Country Code QA
Digit Code 15
Bank Code IEZO
Bank Account Number 773639723841275374334


The Know Your Customer (KYC) process in Qatar has evolved to incorporate electronic methods, known as eKYC, which eliminates the need for physical document submission, document attestation, or in-person presence before entities.

Here are the key steps involved in the eKYC process:

  • Document Scanning: Read the document and extract identity data.
  • Facial Recognition: Check the person on camera is real and matches the document.
  • Data Validation: Verify the individual via government databases.

The Qatar Central Bank (QCB) issued the eKYC procedures to digitally regulate and improve customer identity verification. This move aligns with the financial sector and financial technology strategies based on QCB’s constant endeavor to regulate and develop the country’s financial sector. The eKYC procedures ensure full compliance with the instructions to combat money laundering and terrorism financing.

The transformation from KYC to eKYC offers a swifter, safer, and more convenient alternative to traditional methods. The primary objective of eKYC is to streamline customer onboarding and ongoing monitoring processes, reduce fraudulent activities by increasing security, and enhance the overall efficiency of identity verification processes.

Banking Regulations

Several banking laws and systems govern cross-border workforce payments in Qatar. Here are some key points:

Qatar Payment System (QPS): The QPS is an inter-bank payment and settlement system designed on the concept of Real-Time Gross Settlement (RTGS) and Electronic Straight Through Processing (e-STP). It permits all banks operating in Qatar to make immediate inter-bank money transfers through their accounts with the Qatar Central Bank (QCB).

Purpose of Payment (PoP) Codes: The usage of PoP codes provided by the QCB will be required for outward cross-border transactions.a

Opening Bank Account

To open a company bank account in Qatar, you would need to provide the following documents:

  • Commercial Registration in Arabic
  • Proof of company name in English as registered with the Ministry of Commerce and Industry
  • Article of Associations with amendments, if applicable
  • Commercial License
  • TAX Card
  • Establishment Card
  • Copy of Qatari IDs and passports (for non-Qataris only) of all Partners and authorized Signatories
  • Mandate Letter / Board Resolution determining the authority matrix for the operation of the account signed by authorized signatories in the CR, supported by official delegation either in the Article of Associations or Internal Resolution acceptable to the bank.

In addition to these, you would need to fill out several forms, all of which must be duly signed in the presence of the Bank’s Representative:

  • Account Opening Form
  • Accounts Services Term and Conditions
  • KYC (Know Your Customer) Application
  • Tax Residency Self-Certification Form
  • FATCA Forms
  • Signature Cards

It takes approximately two weeks to open a company bank account in Qatar. However, this can vary depending on the bank and the company’s specific circumstances.

International Banks

Here are some of the major foreign banks that operate in Qatar:

  • Arab Bank
  • Mashreq Bank
  • HSBC Bank Middle East
  • BNP Paribas Middle East Africa
  • Bank Saderat Iran – Qatar
  • United Bank Limited – Qatar
  • Standard Chartered Qatar

Major Local Banks

Here are some of the major local banks that operate in Qatar:

  • Qatar National Bank (QNB)
  • Doha Bank
  • Commercial Bank of Qatar (CBQ)
  • Qatar International Islamic Bank (QIIB)
  • Qatar Islamic Bank (QIB)
  • Qatar Development Bank (QDB)
  • Ahlibank
  • Masraf Al Rayan (MAR)
  • Dukhan Bank

Local B2C Payments Tools

There are several B2C payment tools available in Qatar. Here are some of them:

Credit and Debit Cards

By integrating a payment gateway into your e-commerce site, you can accept card payments from customers.

Digital Payments

Digital payments have been growing rapidly in the Middle East, including Qatar.

Oracle B2C Commerce

Oracle B2C Commerce delivers digital buying experiences whenever and wherever customers want to engage with a brand.


Cryptocurrency, including Bitcoin and other major cryptocurrencies, is illegal in Qatar. The Qatar Financial Centre (QFC) Regulatory Authority has banned all virtual currencies. The ban includes “anything of value that acts as a substitute for currency, that can be digitally traded or transferred and used for payment or investment purposes.”

The rationale behind the ban is weak compliance with Know Your Customer (KYC) and Anti Money Laundering (AML) regulations. The ban is designed to prevent the use of cryptocurrency for financing terrorism and money laundering. Consequently, an exchange service facilitating cryptocurrency transactions is illegal in the QFC.

However, there are exemptions to the ban, which include security tokens and other financial instruments regulated by the QFCRA, the Qatar Central Bank, or the Qatar Financial Markets Authority. These are exempt because these tokens are subject to full AML and KYC verification.

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