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MAZARS AHMED TAWFIK & CO. CPA

Company Profile September 2013

Titre de la présentation 1

PREFACE

We take great pleasure in enclosing here within an overview of

our company and look forward to demonstrating how we can

be of great value to your organisation. The intention of this

document is to confirm our commitment to developing a high

quality and long-term business relationship with your company.

We understand that companies have high expectations from

professional services firms, and we are confident that we have

the resources, industry expertise and drive to meet, and

exceed, those expectations.

We know that the basis of any successful partnership is in the

business relationships that develop between our professionals

and our clients. We believe in those terms and have made a

firm-wide commitment to building partnerships, rather than

merely providing services.

We use a standard agenda and apply this technique to all of

our engagements and find that it works very well. We ensure

that issues, both technical and logistical, are identified and

resolved on a timely basis

We look forward to building a long term and strategic business

relationship with you and to contributing towards the success

of your business.

If you have any queries or wish to discuss further our proposal

with a view towards proceeding with its finalisation, do not

hesitate to contact us at any time.

Date 2 Titre de la présentation

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02

03

04

05


OUR PROFILE 05 Mazars at a glance

07 Serving our clients on every continent

08 Mazars in Qatar

OUR VALUES 10 Our values

11 Principles of our commitment

OUR SERVICES 14 Financial reporting audit and advisory

16 Financial advisory services

21 Consulting

26 Accounting and outsourcing

29 Tax

31 Law

OUR CLIENTS IN QATAR 34 Some of our clients in Qatar

OUR CONTACTS 41 Our contact information

OUR PROFILE


01

MAZARS AT A GLANCE

Our Roots

Mazars bears the name of its original founder, Robert Mazars, who started its practice near Rouen, in Western

France, in 1940. The firm quickly grew to establish itself as a highly reputable practice, rapidly acquiring new clients

and becoming well-known for its focus on technical excellence and quality of service.

Our Integrated Partnership

Since its foundation, Mazars has chosen the demanding option of being a truly integrated firm. The Mazars

Organisation is based on democratic partnership. It gives each partner the right to vote on the strategic decisions

involving the future of the partnership.

This kind of responsibility is central to Mazars’ principles and practices. It runs throughout the organisation and is

daily expressed in the way we exercise our profession and in the relationship Mazars maintains with its social and

economic environment. We established an integrated international partnership with the principal objective of

guaranteeing consistent quality in our service to clients. Our clients with international activities wish for well

coordinated services which reflect their own corporate structure. This requires auditors and advisers who are

intimate with their group requirements regardless of where in the world they operate. We believe our integrated

structure offers this consistency and enables direct control over standards. By integrating Partners coming from

firms who share values that go deeper than cultural differences, who share the same ideas about our profession

and the same demanding standards of excellence, Mazars is patiently and determinedly building a strong

international organisation of professionals who have also chosen to share the same ambition, strategy and

fundamental decisions.


Mazars is an international, integrated and independent organisation, specialising in audit,

accountancy, tax, legal and advisory services.


71 countries in which Mazars is present.

13,500 Mazars professionals worldwide

€1,013M

Turnover as of 31st August 2012

MAZARS AT A GLANCE The Forum of Firms Mazars is a member of the Forum of Firms.

The Forum of Firms is an association of international networks of accounting

firms. The objective of the Forum of Firms is to promote consistent and high

quality standards of financial and auditing practices world-wide.

Members in the Forum have confirmed that they have policies and

methodologies with respect to transnational audits that are based, to the

extent practicable, on International Standards on Auditing and conform to

the IFAC Code of Ethics for Professional Accountants and national codes of

ethics and that they maintain appropriate quality control standards in

accordance with International Standards on Quality Control in addition to

relevant national standards.

Members have also confirmed that they conduct, to the extent not prohibited

by national regulation, regular globally coordinated internal quality

assurance reviews.

The Praxity Alliance Mazars is a member of Praxity AISBL, the world's largest Alliance of

independent and unaffiliated audit and consultancy companies. Recognizing

the support arising from globalization we are able to recommend renowned

companies in significant countries. Our contacts to these Praxity

participating firms enable our clients a professional support in their

transnational activities from a single source.

About Praxity

Praxity, AISBL is a global Alliance of independent firms. With the combined

fee income of its participating firms totalling € 2.80 billion, Praxity is the

world's largest Alliance of independent accounting firms and is ranked in 8th

position of all accounting organizations.

SERVING OUR CLIENTS ON EVERY CONTINENT

AMERICAS Argentina, Bermuda, Brazil,

Canada, Chile, Dutch West

Indies, Mexico, Peru, United

States (including

representative offices in the

Cayman Islands and Israel),

Uruguay, Venezuela

Date 7

Europe Albania, Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, France, Greece,

Germany, Hungary, Ireland, Israel, Italy, Luxemburg, Malta, Netherlands, Norway, Poland,

Portugal, Romania, Russia, Slovakia, Spain, Sweden, Switzerland, Turkey, Ukraine, United

Kingdom and Channel Islands (including a representative office in Gibraltar)

AFRICA Algeria, Angola, Benin,

Botswana, Cameroon

(including representative

offices in Chad and

Democratic Republic of the

Congo), Congo-Brazzaville,

Djibouti, Egypt, Ghana, Ivory

Coast, Kenya, Libya,

Madagascar (including

representative offices in the

Union of the Comoros),

Mauritius, Morocco,

Namibia, Nigeria, Senegal,

South Africa, Tunisia

MIDDLE-EAST Bahrain, Egypt,

Lebanon, Palestine,

Qatar, Saudi Arabia,

Sultanate of Oman, the

United Arab Emirates

ASIA-PACIFIC Australia, China (Mainland &

Hong Kong), India, Indonesia,

Japan, Malaysia, Myanmar

New Caledonia, Pakistan,

Republic of Korea, Singapore,

Tajikistan, Thailand, Vietnam

Integrated countries

Non integrated countries: Mazars’ correspondents,

local correspondents, joint ventures and representative

offices

MAZARS IN QATAR

Mazars Ahmed Tawfik & Co. CPA is

an integrated partner of Mazars Group.

Further to a successful cooperation

initiated in 2008, Ahmed Tawfik & Co.

CPA, an accounting and auditing

services firm which traces its roots

back to 1976, has joined Mazars

international partnership in September

2011.

The range of services we offer is

designed to give companies the

assurance of recognised technical and

regulatory expertise together with the

added-value of a partner who can

advise them effectively on improving

their global performance.

Presence in the Market

Over the past 35 years, we established

a strong and positive reputation in

Doha for the quality of services we

provide, allowing us to be one of the

preferred professionals for our clients.

Our People

Our staff are chosen and recruited

based on their expertise and the value

that they bring our company and

clients. They are dedicated, efficient

and highly qualified.

Our Strengths

We have 35 years of experience in the

local market providing tax, audit and

advisory services. Additionally, our

partnership with Mazars allows us to

be more diverse with the services we

provide, giving us access to expertise

and resources on a global level.

We worked with companies varying in

size from sole proprietorships to multi-

million dollar companies, both on the

local and international level.

Mazars Ahmed Tawfik & Co. CPA

provides its clients with the confidence

that they will receive a service based

on a strategic approach tailored to

each industry. Our independence

yields a pragmatic approach, for a

relationship centered on the key

factors that will contribute to all our

clients’ success.


OUR VALUES


02

OUR VALUES

Strong values have been at the heart of our firm since its

creation. They guide us in our daily actions, providing a

common base of values that all our partners and teams share

and respect.

Integrity

Ethical and moral rigor guide how we work and assist our

clients.

Responsibility

We treat our clients’ challenges as our own and we care about

how our work may affect our communities.

Diversity and Respect for Individuals

Beyond borders and cultural differences, we make respect for

the individuals and sharing the cornerstone of all human

relations. United in diversity, we see our capacity to listen and

our open-mindedness as a true lever for innovation.

Technical Excellence

Technical excellence is one of the founding principles applied

at every level in the Group. This constant search for the

highest standards of quality not only serves client satisfaction,

business lines improvement and staff development: it is also

the best guarantee of our independence.

Independence

We always think independently, and in our roles as auditors

and advisors we always act independently.

Continuity

As new faces come and go, as one generation hands over to

another, our relationships, experience and knowledge survive.

We learn from the past, but look to the future.


PRINCIPLES OF OUR COMMITMENT

The principles of our commitment are in direct reference of our

six core values. These are the ones that reflect our vision and

our culture.

In 2011, Mazars launched, complementing the basis of its

values, a project to specify its brand attributes. This led to the

definition of main principles and a key idea that are both

translated in the way in which we describe Mazars, its

uniqueness, vision and beliefs.

Who are we?

Independent-minded professionals eager to serve economic

and social development, locally and globally.

Whom do we serve?

The business community as a whole: global and large

corporations, listed or not, small and medium enterprises, public

sector entities and individuals.

For which benefits?

We foster state of the art accountability, efficient and agile

structures and organizations, enhanced performance and

creation of long-term value.

How do we differentiate ourselves?

We provide innovative, tailored and global solutions to our

clients.

How do we deliver?

Combining the reliability of methodologies inspired from the

most advanced auditing and advisory techniques with our

capacity to co-construct and think «out of the box» and with

intrinsic sense of personal responsibility and responsiveness.

What are our fundamentals?

• Entrepreneurship and team spirit

• Long-term vision and flexibility

• Enthusiasm and robustness

What is our driving force?

Passion to build and pass the experience on to the future

generations.

What we believe in?

A multipolar world prospering from diversity (cultural,

intellectual, professional…).

What do we like?

• Common sense rather than pre-established models.

• Openness rather than the beaten track.

Progress driven by collective intelligence


OUR SERVICES


03

OUR SERVICES


FINANCIAL REPORTING AUDIT & ADVISORY


The increase in demand for reliable financial

information has put audit and assurance services

in the spotlight. Here at Mazars Ahmed Tawfik &

Co. CPA, our main aim is to give our clients a clear

insight into their corporate strategy, business

processes and financial reports.

Our external auditors perform the audit based on

the international standards of auditing to ensure

that clients’ financial statements are free from

material misstatement. We can provide you with a

range of audit, reporting, corporate governance

and risk management services.

FINANCIAL REPORTING AUDIT & ADVISORY

External Audit

This is an independent audit function that provides reasonable

assurance that published audited financial reports are free

from material misstatement and are in accordance with

relevant accounting standards and legal requirements.

External auditors of Mazars Ahmed Tawfik & Co. CPA conform

to the auditing and accounting standards to ensure that your

business activities are in compliance with accounting laws and

regulations.

Internal Audit and Risk Management

Internal Audit is an independent, objective assurance and

consulting activity designed to add value and improve an

organisation’s operations. It helps an organisation to

accomplish its objectives by bringing a systematic, disciplined

approach to evaluate and improve the effectiveness of risk

management, control and governance processes.

Our specialized staff is able to advise and support you in the

implementation of your internal control procedures with a view

to contributing to the operational efficiency and risk

management of your organization, in line with legal

requirements.

Conversion to IFRS Standards

Our experts can help you to support the conversion towards

IFRS Standards. This way, we can provide you with existing

knowledge and previous experience of IFRS applications.

Accounting Treatment of Complex Transactions

We can help you to interpret the complex treatment for

complex business transactions determining the most

appropriate accounting treatment required.


FINANCIAL ADVISORY SERVICES


At Mazars Ahmed Tawfik & Co. CPA, we offer a full

range of services that will give you a clear insight

into your company strategy, business processes

and financial reports.

Our team of highly trained professionals deliver a

range of specific services that can be adapted to

the size and type of your organization.


Budgeting, Forecasting and Planning

The corporate budgeting, forecasting, and reporting process presents a formidable

challenge to most companies, regardless of size or industry. Budgeting is often seen

as burdensome and time consuming. Yet budgeting is also a crucial element of

financial management, which in turn is a huge contributor to a company’s overall

success or failure. As a result, companies that are able to address budgeting

obstacles and improve their process will not only be rewarded with more accurate

budgets, more timely re- forecasts, and improved decision-making, but will also foster

a disciplined financial management culture that will deliver a true competitive

advantage.

Inventory Valuation

The determination of the cost assigned to raw materials inventory, work-in-progress,

finished goods, and any other inventory items can be computed using one of the

following methods: First-In, First- Out (FIFO), weighted average or specific

identification method. Inventory is valued at the lower of cost or market value applied

on either an item-by- item basis, a category basis or a total basis. Our experienced

staff can assist you in finding the method most suitable for your business.



Business Valuation

At various key points in your firm’s life you will need a

comprehensive business valuation to enable you to make

major decisions. These decisions can include whether or not to

sell, to buy another business, to take on partners or sell equity,

or to approach banks for debt financing.

We provide a full range of valuation services for most

commercial property types. Our qualified surveyors undertake

formal valuations for bank lending or other security purposes.

We also provide valuations for:

• Taxation purposes

• Company accounts, acquisition

• Disposal or dispute resolution

Financial Modeling

Financial models can be constructed in many ways, either by

the use of computer software, or with a pen and paper. What's

most important, however, is not the kind of user interface used,

but the underlying logic that encompasses the model. A model,

for example, can summarize investment management returns,

such as the Sorting Ratio, or it may help estimate market

direction, such as the Fed Model.

Feasibility Studies and Market Research

Whether you are contemplating expansion, diversification or

an entrepreneurial venture, you need reliable, accurate

information - for example about costs, potential markets,

sourcing supplies and finding distributors.

Our experience in the Qatar and our international affiliation

gives us access to the most up-to-date data and reports,

enabling us to make valid recommendations. We have

conducted feasibility studies and market research in retail,

manufacturing, franchising, agribusiness and trading sectors.

Corporate Business Plans

You will find here our service offering concerning Corporate

Business Plans. We will assess the core strengths of the client

and correlate these to local market trends, developing a

business plan to meet the expectations of all interested parties

Liquidation and Insolvency

If you consider that your company may be insolvent or you

need advice on an exit route we will be able to assist with the

appropriate insolvency procedure.



Due Diligence

At Mazars Ahmed Tawfik & Co. we assist you with acquisition

due diligence and vendor due diligence.

Acquisition due diligence - we can assist you with the

management of acquisition processes.

Mazars Ahmed Tawfik & Co. Transaction Services supports you

at every stage of your project by:

• Gaining an understanding of the performance of your target

company,

• Identifying and analyzing the business, cash and key value

drivers behind the acquisition price,

• Identifying potential risks,

• Maximizing financial and tax positions,

• Helping to draft price adjustment or warranty and indemnity

clauses, then implementing them,

• Conducting a post-acquisition audit and preparing your

opening balance sheet.

Business Restructuring

At Mazars Ahmed Tawfik & Co. we help you with your business

restructuring issues.

If you find that your business is struggling, you will want to get

to grips with any operational issues and get back to making a

profit. Your business may need some restructuring, whether by

improving your organizational structure or making internal

operations more efficient.

Mazars Ahmed Tawfik & Co. performs an operations review to

identify operational inefficiencies, saving costs and reducing

overheads. We will look at unprofitable business segments,

divisions or affiliates and any weaknesses in systems,

procedures and controls.

We help you during restructuring by:

• Defining and implementing an overall strategic turnaround

and restructuring plan,

• Preparing a priority timeline for restructuring,

• Providing operational consultation at each stage of the

restructuring,

• Providing consultation services addressing bankruptcy

issues.

We will also help you avoid future risk situations by:

• Helping you understand the causes of the company’s past

shortfalls,

• Assessing your business’ short-term and long-term viability,

• Preparing short and long-term financial projections and cash

flows,

• Developing operational tools and reports,

• Searching for business partners and merger or acquisition

opportunities.



Initial Public Offering (IPO)

Mazars Ahmed Tawfik & Co. can provide you with the following

services:

• Prepare necessary financial, marketing, managerial,

technical and legal studies to identify the company's major

areas of strengths and weaknesses as well as identifying

major opportunities and threats.

• Conduct necessary financial projections to determine the

company's expected cash flows and to determine the fair

market value of the company and its using the different

valuation methods.

• Assess the prevailing economic clients and prevailing

market conditions to identify the right time for the offering.

• Finalize all legal requirements needed as well as all

government & Qatar Financial Market Authority (QFMA)

approvals required.

Mergers & Acquisitions

At Mazars Ahmed Tawfik CPA & Co, we can help you with the

following services:

• Set a merger, acquisition or disposal strategy

• Supervise the Due-Diligence process related to the

financial, legal, technical, operational and managerial

aspects.

• Prepare necessary valuation studies.

• Participate in drafting letters of intent and the initial and final

offers.

• Participate in negotiations.

• Participate in drafting agreements (Purchase, Disposal,

Acquisition).

• Supervise the deal closing process

Private Placement and Introduction of New Investors

Our services in this regard include the following:

• Study the project from financial, marketing, managerial,

technical and legal aspects to ensure its economic viability

and to identify major risks associated with it.

• Prepare a Private Offering Memorandum and other

promotional materials such as a fact sheet and presentation

materials.

• Prepare a list of prospective investors.

• Send the project fact sheet to prospective investors and

then provide interested investors with the project’s Private

Offering Memorandum.

• Facilitate communications between the company and

interested investors.

• Provide advise to the company during negotiations.


CONSULTING


At Mazars Ahmed Tawfik & Co. CPA, we give you

all the necessary advice and support to manage

your operational and financial processes and risks

involved.

Our team of highly trained professionals deliver a

range of specific services that can be adapted to

the size and type of your organization.

CONSULTING

Company Formation

Setting up and running your business in The State of Qatar

can be a complicated and time consuming effort, Mazars

Ahmed Tawfik & Co. CPA can ease this path through our years

of experience and valued connections in this field. Our

knowledge of local company law and our network of experts in

this field give our clients an undisputable edge.

Whether an entrepreneur is looking to establish a sole

proprietorship, a limited company or an existing corporation

wishes to set up a local branch, we can suggest the most

beneficial route to take.

With Mazars Ahmed Tawfik & Co. CPA taking responsibility for

your company's formation and legalization you can rest

assured that you won't get tied up in endless red tape.

Sustainable development

Businesses and communities now face new risks which

require some change to the habitual management models.

Sustainable development is increasingly recognised as a

coherent and global response to these risks and new

challenges. We have formed multi-disciplinary teams to

support and advise you in these matters.

Management Consulting

Constant change is a key challenge to businesses as they

seek to grow and remain profitable in an increasingly

competitive market. Our management consulting practice

helps client identify key strategic issues and success factors

and tailor and implement business solutions in line with their

strategy.

• Organizational effectiveness

• Process re-engineering

• Business systems implementation

• IT consulting

• Program & Project Management

• Training Services


CONSULTING

Credit Facilities Review and Restructuring Advice

Private technology companies often have complex capital

structures with multiple levels of preferred financing, complex

preference terms, capital lease financing, real estate lease

liabilities, and bank debt or receivables factoring.

Public technology firms that have under-performed may be

experiencing cash crunches, have excess capital and real

estate lease obligations and possibly taken in complex PIPES

investments. Mazars Ahmed Tawfik & Co. CPA provides

support to these companies or to large preference groups

needing to engage in complex restructuring, bankruptcy and

distressed situations.

The principals of Mazars Ahmed Tawfik & Co. CPA have a

history in restructuring and operating troubled companies,

which allows our team to immediately bring a broader

operational point of view to capital restructuring and creditor

advisory assignments. The integrated perspective allows us to

provide our clients fresh insight into both a company’s financial

and operational position, and into the ability of management to

execute on its proposed plan.

We work with senior managements of companies seeking to

improve financial performance and create value through

financial and operational and/or capital restructuring,

refinancing, asset redeployments, divestitures, and

acquisitions.

Credit Facilities Syndication

Our experienced syndication professionals will provide you

with full access to the broad credit markets to ensure that your

company receives the most competitive market-clearing

financing.

Our syndications team is involved in all aspects of the

transactions:

• Negotiation and preparation of the term sheet, loan

documents, and

• Information memorandum

• Coordination of the bank meeting

• Interaction with potential bank group partners throughout

the syndications process

• Resolution of issues related to closing and funding

• Ongoing assistance with potential waiver and amendment

requests that occur after the initial loan closing.

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CONSULTING

Intellectual property protection

The entry to the World Trade Organization (WTO) of GCC

countries has created local awareness of intellectual property

and the need to prevent its abuse across all business sectors.

One of the most pressing concerns of multinationals,

intellectual property protection has become an important issue

for local firms, whether resellers or producers of copyrighted or

patented products.

We understand local and regional laws governing the

registration and use of trademarks, logos and other aspects of

intellectual property, and can both advise on, and follow up

protection for our clients.

Alternative Investment Evaluation, Monitoring and

Performance Review

Alternative investing has become well accepted in Qatar, and

as a "gatekeeper" in this unique field, our well-experienced

team provides investment management services, including

hedge funds, private equity funds, and real estate funds.

Obtaining sufficient information about alternative investing can

be a difficult task. We research the alternative investment

industry, leveraging our own network based on direct contact

with alternative investment managers as well as a deep

database of information from all industry areas.

Information system audit

Keeping up with the latest advances in information technology

is one of the keys to reliable financial auditing. It is our aim to

help you do this. Within financial audit mandates, Mazars

Ahmed Tawfik & Co. CPA can analyse your information

systems in order to:

• Make sure that your systems are in line with the legal and

regulatory requirements on the production of financial

information.

• Assess rapidly and accurately the reliability and integrity of

your systems and data.

Project Management

Managing an IT project is like juggling chunks of Jell-O: It's

neither easy nor pretty. Information technology is especially

slippery because it's always moving, changing, adapting and

challenging businesses as we know it.

Traditional project management, as it's used in construction or

manufacturing, deals with solid, tangible elements. Instead, IT

project management is complicated by shifting business needs

and demanding stakeholders. Because good IT project

management is difficult to execute, Mazars Ahmed Tawfik &

Co. CPA has the required professionals that can help you with

this.


Human Resources

Human Resources are necessary to the key players in an

organization or company to maximize the return on investment

from the organization's human capital and minimize financial

risk. It is the responsibility of HR managers to partner with and

support the top management in managing these activities in an

effective, legal, fair, and consistent manner. HR management

serves these key functions:

Human Resource Strategic Management and Planning

- Align HR strategy with business strategy and make line

managers together with HR managers accountable for

implementation.

Organization restructuring and change management

- Constant change is a key challenge to businesses as they

seek to grow and remain profitable in an increasingly

competitive market.

- Organisation is the dynamic part of any business, so we do

believe that restructuring and change management is a

continuous process.

- Organisational change management includes processes

and tools for managing the people side of the change at an

organizational level. These tools include a structured

approach that can be used to effectively transition groups

or organizations through change. When combined with an

understanding of individual change management, these

tools provide a framework for managing the people side of

change.

Recruitment Strategy, Hiring Processes and manpower

planning

- Support Business community in achieving their mission

through effective and efficient selection and recruitment

process.

Reward strategy and Performance Management

- We Work with organizations to implement what they need

to get the best for and from their employees.

- We focus on the alignment of the Reward Strategy with the

Organization culture.

On Boarding

- A strategic on-boarding program will work to enable new

hires to effectively integrate into the organization

Training Services

- Leadership, management development and coaching.


CONSULTING

ACCOUNTING & OUTSOURCING


At Mazars Ahmed Tawfik & Co CPA, we are more

than just accountants. We will not only present your

annual financial statements; but also review your

overall finance administration. We will make

recommendations to help you improve your

accounting processes and the way you do business.

You can free up your time to concentrate on core

business activities by outsourcing some of your day-

to-day duties or more complex tasks. You can also

choose the level of service you need. You may want

us to prepare your annual statutory accounts or

provide a fully bespoke payroll or taxation solution.

We will draw up your annual accounts, but also look

at your overall finance administration. We will make

recommendations to help you improve your

accounting processes and the way you do business.

We go further than just reporting your current figures.

We will put these in context, comparing them to index

figures and long terms trends so that you get a

comprehensive view of your business and we can

support you to develop your business further.

Our outsourcing experts come from a wide range of

disciplines. We will build a bespoke team to suit your

needs - whatever the size of your company.


Payroll and Human Resources

Whether you are a small or medium-sized company or a

subsidiary of a large group, Mazars Ahmed Tawfik & Co CPA

can provide you with a complete range of services in payroll

outsourcing and administrative and social HR management.

These are the following services:

• Payroll management and processing

• Payroll function analysis

• Assistance in the implementation and upgrades of the

payroll and HR management system

• Payroll service strengthening

Accounting systems

With accountability obligations becoming increasingly

expensive, we have developed a variety of practical solutions

to help you optimise your accounting systems.

• Accounting function analysis

• Performance measurement

• Optimisation

Accounting standards

In view of the recent major changes to both national and

international accounting standards and the increasing

complexity of corporate operations, we have developed the

infrastructures and human resources required to deal with the

relevant aspects of accounting regulations at international

levels.

Accounting and Reporting

Mazars can offer a range of Accounting and Reporting

services.

• Bookkeeping with or without reporting

• Accounting review with or without reporting

• Preparing account statements.

• Such services will provide an at- a- glance overview of a

company’s financial situation to its decision makers.

• Inventory valuation

Business Process Outsourcing (BPO)

You will find here our services for Business Process

Outsourcing (BPO). Among these:

• Opportunity study,

• Administrative and accounting functions,

• Payroll and human resources administration,

• Consolidated statements.



One-off accounting assistance

You will find here our services offer for one-off accounting assistance.

Some of these are given below:

• Short and medium term staff replacement or consultative assistance

• Management system implementation assistance

• Accounting upgrade

• Management of the accounting and tax consequences of complex operations

Internal audit outsourcing

Internal Audit is an independent, objective assurance and consulting activity

designed to add value and improve an organization's operations.

It helps an organization accomplish its objectives by bringing a systematic,

disciplined approach to evaluate and improve the effectiveness of risk

management, control and governance processes.

Our specialized staff is able to advise and support you in the implementation of

your internal control procedures, with a view to contributing to the operational

efficiency and risk management of your organization, in line with legal

requirements.


TAX


At Mazars Ahmed Tawfik & Co CPA, we can

provide you with tax services (preparation of year-

end taxes to be reported to the Tax Department) as

well as tax compliance services.

We provide tax consulting services to assist you in

developing and implementing tax solutions to

minimize the impact of tax on your business

transactions. We offer you practical solutions to

address your tax needs and in depth knowledge of

Qatar tax requirements. With our tax professionals,

we are in unique position to deal with the

complexities and peculiarities of the Qatari tax

system and also help you to meet the challenges of

an increasingly sophisticated market.

TAX

Preparation of Year-End Tax Declaration

Qatar Tax law provides that any business activity carried out in

Qatar will be subject to tax. An "activity" has been defined as

any occupation, profession, service, trade or the execution of a

contract or any other business for the purpose of making profit.

Income tax is levied on partnerships and companies operating

in Qatar whether they operate through branches or in

partnership with foreign companies.

The Gregorian calendar is used for Qatar income tax

purposes, but a taxpayer may apply to prepare his financial

statements for a twelve-month period ending on a day other

than 31 December.

The first accounting period may be more or less than twelve

months, but it should not be less than six months or more than

18 months. A taxpayer should keep his accounting records in

Qatari Riyals unless permission is obtained from the tax

administration for them to be kept in a foreign currency.

Tax Consulting Services

In addition to tax compliance services, we provide tax

consulting services to assist you in developing and

implementing tax solutions to minimize the impact of tax on

your business transactions.

We offer you practical solutions to address your tax needs and

in depth knowledge of Qatar tax requirements.

With our tax professionals, we are in unique position to deal

with the complexities and peculiarities of the Qatari tax system

and also help you to meet the challenges of an increasingly

sophisticated market.


LAW


Our litigation experience includes forensic

accounting and investigation, technical analysis

and electronic document recovery. We assist

clients with traditional owner-manager disputes and

more technical issues involving corporate

opportunity, intellectual property, asset valuation,

property taxes, frequent guest programs,

purchasing, cost allocations of centralized services

and hospitality back-of-the-house operations,

including technology.

Whatever legal situation your business may face,

Mazars Ahmed Tawfik & Co.’s professionals,

thorough research and analysis, will help position

your company for success.

LAW

Litigation Advice

Our litigation experience includes forensic accounting and investigation, technical analyses

and electronic document recovery. We assist clients with traditional owner-manager

disputes and more technical issues involving corporate opportunity, intellectual property,

asset valuation, property taxes, frequent guest programs, purchasing, cost allocations of

centralized services and hospitality back-of-the- house operations, including technology.

Whatever legal situation your business faces, Mazars Ahmed Tawfik & Co. CPA

professionals’, thorough research and analyses, will help position your company for

success.

Arbitration

Arbitration is a legal technique for the resolution of disputes outside the courts, wherein the

parties to a dispute refer it to one or more persons (the "arbitrators", "arbiters" or "arbitral

tribunal"), by whose decision (the "award") they agree to be bound. Arbitration often

includes alternative dispute resolution (ADR), a category that more commonly refers to

mediation (a form of settlement negotiation facilitated by a neutral third party). It is more

helpful, however, simply to classify arbitration as a form of binding dispute resolution,

equivalent to litigation in the courts, and entirely distinct from the various forms of non-

binding dispute resolution, such as negotiation, mediation, or non- binding determinations

by experts.


ENTERPRISE QATAR (EQ)

• Mazars Ahmed Tawfik and Co. CPA is registered as a qualified service provider for EQ - JADWA.

• EQ provides a wide range of services to entrepreneurs, SMEs and start-ups. These services are provided through various

programs and in cooperation with business development experts.

• EQ offers 70% of the fees paid to a qualified service provider and the remaining 30% is to be paid by the entrepreneur / SME.

• Mazars & EQ together collaborate to serving and supporting your business ideas.


Feasibility studies Advisory services on bookkeeping and accounting

Audit services

Business process improvement and

reengineering Legal services

Coaching and advisory

Services and programs provided by EQ

OUR CLIENTS IN QATAR


04

SOME OF OUR CLIENTS IN QATAR


Country

of Origin Company Name Operations

Country


Bahrain Gamuda Bahrain Contractors Egypt Othman Ahmed Othman Contracting

(Qatar Othman Group) Contractors

Bahrain Newtech International W.L.L Consultants Egypt Engineering for the Petroleum and

Process Industries (Enppi)

Petroleum

Engineering

Bahrain Euro technology Bahrain Consultants Egypt (Bakhoum) Arab Consulting

Engineering Consultants

China Sino-Hydro Contractors France Bureau Veritas Consultants

Engineering

China B. U. R. C. Contractors France E.M.E (Européenne de Méthodes et

d'Etudes)

Engineering

Consultants

China China Petroleum Jilin Chemical

Engineering & Construction Co. Ltd. Contractors France Le-Notre Restaurant

China China Harbor Engineering Company Contractors France UGGC Law Office

China China State Construction

Engineering Corp. Contractors France Airport De Paris ingenierie (ADPI)

Airport design

and drawings

China China National Building materials

Co. CNBM Contracting France Spie Fondation Consultants

China China Civil Engineering

Construction Corporation (CCECC) Contracting France Aramis Qatar W.LL

Oil and Gas

Services

China Qingjian International Qatar General

Contracting Germany Lodige Systems Middle East Logistics

China Dragon Mart Co.WLL Trading Germany W&K Gesellschaft fur

Industrietechnik mbH

Contractors

Engineering

Egypt Enco-corp Qatar Financial

Advisors Hong Kong Swire Pacific Offshore

Marine

Services



Country


Country


Honkong Transmode Overseas Partner WLL Shipping

services Korea

Shinwa International Trading &

Contracting W.L.L. Contracting

India Gulf Asia WLL Trading and

Contracting Korea Gusan Construction Co. Ltd Contracting

India Syndicate Bank Banking Korea Gilgwang Greentech Co. Ltd Contracting

India Grate offshore India Ltd. Shipping Korea Jelmoud Heavy Equipments Trading

W.L.L Trading

India Bank Of India ( F B D) Banking Korea Qatar Heavy Equipment Contracting

India Indian Overseas Bank Banking Korea Stephan Trading W.L.L Trading

India Federal Bank Ltd. Banking Korea Hanmaek Heavy Industries – Qatar

WLL Contracting

India Glorex Trading Co. Trading Korea Samsung Engineering Contracting

Italy Mevi Oil Qatar General

Construction Korea Hyosung Corporation Contracting

Korea Sungchang Plant Construction Co.

Ltd.

General

Contracting Korea Geumhwa PSC Co. LTD Contracting

Korea Hyosung Ebara Engineering Co.

W.L.L Contracting Korea

Korea New Zealand International

Construction Co.WLL (DAE JU

Development)

Contracting

Korea Sungchang Engineering &

Construction Co. Ltd

Engineering

Consultants Korea Hanmi C&E Co.LTD Contracting

Korea Qatar Equipment Solutions Contracting Korea Hyodong Development Co.LTD Contracting

Korea Topcon Engineering Engineering Korea KUKBO Design Co,LTD Contracting



Country


Country


Korea Halla Engineering & Construction

Corp. Contracting Qatar Le Notre Restaurant

Korea DongBang E & C (Lusail

Expressway) Contracting Qatar Icon Middle East

Event

management

Kuwait Middle East Business Solutions

WLL

General

Contracting

and Real

Estate

Qatar Gulf Building Materials Trading

Kuwait 12 Fashion Avenue Trading Qatar Al Aafaq Transportation Transport

Lebanon Patchi Trading Qatar Al Bader Transportation Transport

Malaysia Gamuda WCT J/V (Dukhan

Highway Project) Contractors Qatar National Marble and Stone Co. Trading

Malaysia Excel Trading & Construction Co. Contractors Qatar Royal Plaza

Malaysia Cobrain Holdings SDN BHD Contractors Qatar Petrobuild Contracting

Qatar Office One Gulf Computers Qatar Lodige Systems Middle East LLC

Qatar Bin Thani Electro Mechanical Co. Contracting Qatar Al Badi Trading and Contracting Contracting

Qatar Islamic Holding Group Qatar Al Nazih Trading Company Trading

Qatar Arabian Jacking Enterprises W.L.L

oil/gas

pipeline

extension

Qatar Sak Real States Real states



Country


Country


Qatar Arabian Qatari Agriculture

Production Agriculture Qatar Qatari Fencing Federation Sport

Qatar Construction and Reconstruction

Engineering Contracting Qatar Qatar Tennis Federation Sport

Qatar Consulting Engineering Group Consulting Qatar Qatar Tourism and Exhibitions

Authority Tourism

Qatar AL-HUDA ENGINEERING

WORKS Contracting Qatar Qatar Shipping Co. Q.S.C. Shipping

Qatar Hasanesco Trading & Contracting Contracting Qatar Qatar National Cement Co. Trading

Qatar Al Jazeera Finance Finance Qatar

QATAR COMPANY FOR MEAT

AND LIVESTOCK TRADING

(MAWASHI) (Q.S.C)

Trading

Qatar Moh'd Yousif Kafoud Trdg. &

Contg. Contracting Qatar

Networks Electrical & Mechanical

Contracting Co Networking

Qatar Al-Muftah Ready Mix Ready mix Qatar Al Zakheira Petrol Services Co. Petroleum

services

Qatar Nasser Saeed Al Hajiri Industrial

Contracting Co. W.L.L Contracting Qatar

Western International Marketing

Co. Trading

Qatar Obeid Group Qatar W.L.L Contracting Qatar Aero Freight Company Custom

clearance



Country


Country


Qatar Economic Group Real estates Turkey Akinisi & Ekin J/V (New Doha

International Airport Project) Contractors

Qatar Al Mana Trading Co. W.L.L Trading UK David Adamson & Partners

Overseas

Quantity

surveyors

Qatar Al Mana Motors Co. W.L.L Trading UK Ireland Contracting Company W.L.L. Contractors

Qatar United Cars Al Mana W.L.L Trading UK DCH Interim Management Management

services

Qatar Al Mana Exchange W.L.L Exchange UK Icon Middle East Advertisement

Qatar Al Mana Steel Structures W.L.L Manufacturin

g UK LA-RECRUITMENT W.L.L Recruitment

Qatar Qatar Galvanizing Co. W.L.L Manufacturin

g UK Panceltica Prefabrication Co. W.L.L Contractors

Qatar Blue Salon Trading UK RLB Rider Levett Bucknall Consultants

Spain IELCO International LLC General

Contracting UK MEGARME WLL

Onshore and

offshore oil

field services

Spain Julio Crispo Middle East WLL General

Contracting USA

Kentucky Fried Chicken (10

branches) Restaurant

Spain Dibelplast Qatar W.L.L. Manufacturing USA Hardeez(10 branches) Restaurant

Thailand FEDCON Consultants USA Fridays (2 branches) Restaurant

Thailand Power Line Engineering Public Co. Contractors USA Jaguar Exploration Oil and Gas

Consultants

SOME OF OUR GLOBAL CLIENTS

40

OUR CONTACTS


05


AHMED TAWFIK NASSIM, CPA Member of American Institute for Certified Public Accountants

Managing Partner

Mazars Ahmed Tawfik & Co CPA

Address:

1st Floor, Bin Jaham Al Kuwari Complex,

Al Sadd Street,

P.O. Box 5583

Doha, Qatar

Telephone: (+974) 4444 1132 / (+974) 4432 0756

Facsimile: (+974) 4444 7364

Email:

[email protected]

[email protected]

Website:

Local: http://www.mazarsqatar.com/

GCC: http://gcc.mazars.com/

Global: http://www.mazars.com/

Date

42

mailto:[email protected]

mailto:[email protected]

http://www.mazars.com/

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