Accounting Firm for Sale in Doha, Qatar
Non - operational QFC licensed accounting, consultancy and IT solutions.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 49 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Consulting + 1 more |
| Locations | Doha |
| Local Time | 8:09 PM Asia / Riyadh |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
41 thousand
(Native Currency: QAR 150,000)
Reason: The owner has other businesses and is unable to focus on this one.
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Business Overview
- Non - operational business providing accounting, consultancy and IT solutions, based in Qatar.
- The business has stopped its operations since 5 months back, because the owner is diverting in to different industry.
- The owner is a qualified professional accountant from Australian Accounting Body with several degrees in accounting, finance, business and management studies. He has 17+ years of experience in the field.
- The potential growth rate of the overall business is 30% as Qatar has had corporate income tax (CIT) for 13 years and Qatar is introducing VAT soon. So the demand for accounting, and consultancy services is very high.
- The business started its operation last year and was almost in the break-even stage.
- We have served 9 clients to date and 5 of them are stock-listed companies from various countries like China, Korea, KSA, and Turkey.
- The firm has no active clients now.
- The firm is licensed by Qatar Financial Centre (QFC) and is eligible to issue business visas and work visas for any nationality and gender subject to government policies.
- The business has stopped its operations since 5 months back, because the owner is diverting in to different industry.
- The owner is a qualified professional accountant from Australian Accounting Body with several degrees in accounting, finance, business and management studies. He has 17+ years of experience in the field.
- The potential growth rate of the overall business is 30% as Qatar has had corporate income tax (CIT) for 13 years and Qatar is introducing VAT soon. So the demand for accounting, and consultancy services is very high.
- The business started its operation last year and was almost in the break-even stage.
- We have served 9 clients to date and 5 of them are stock-listed companies from various countries like China, Korea, KSA, and Turkey.
- The firm has no active clients now.
- The firm is licensed by Qatar Financial Centre (QFC) and is eligible to issue business visas and work visas for any nationality and gender subject to government policies.
Products & Services Overview
Accounting, consultancy, internal audit, management consultancy, market research, feasibility study, financial planning, budgeting, start-up advice, strategic management, fraud investigation, business valuation and organizational planning, and SOPs.
Assets Overview
As of now no assets like furniture except website and license.
Facilities Overview
Office located in Royal Plaza, Al Sadd Doha.
Capitalization Overview
It is a self-funded business with no liabilities except monthly office rent. The business has only one shareholder with 100% foreign ownership.
Recent Activity
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Earlier than 15 daysPartner, Accounting Firm, Abu Dhabi, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, IT Services, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Auditing Firm, Cleveland, Individual Investor / Buyer connected with the Business
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