Gulf countries · IFRS · UAE · Kuwait · Qatar · Bahrain · Oman

Financial statements for each Gulf country, with its law, taxes and currency

One pack per country: notes that cite the local companies law, an auditor's report with its confirmations, income tax or the Kuwaiti levies on their own lines, and dinars and rials to three decimals where needed, in Arabic and English.

What you get

5 countries — The UAE, Kuwait, Qatar, Bahrain and Oman, alongside Saudi Arabia.
38 ready notes per country — Basis of preparation, taxation, end-of-service and the legal reserve in each country's wording.
3 decimals — For the Kuwaiti and Bahraini dinars and the Omani rial, on screen and in exports.

Income tax — UAE 9% above AED 375,000, Qatar 10% on the non-GCC share, Oman 15% (3% for a small enterprise), and no general tax in Bahrain.
Kuwaiti levies — KFAS, NLST and Zakat, each on its own line and entry.
Auditor's report — A template per country with the companies-law confirmations.
Legal reserve — Its rate and ceiling under each country's law.

Common questions

How does it differ from the Saudi version?

Notes, policies and the auditor's report follow each country's law, income tax or the Kuwaiti levies replace Saudi zakat, and amounts are in the local currency.

Is the country chosen per engagement?

Yes, the country framework is chosen when the engagement is created, so one firm can report for clients in several countries.

Sample report (PDF) · Create account