First: Registration of External Auditors
An external auditor is a legal person licensed by the competent department at Ministry of Economy and Commerce or registered at Qatar Financial Center (QFC) to carry out the works of revision and audit of financial statements and reports, to express an opinion in accordance with rules and principles of the profession and the International Standards on Auditing (ISA) or auditing standards relating to Islamic financial institutions; and to confirm whether those financial statements are free of fundamental mistakes; as well as the liquidations.
External auditors who are eligible to carry out external audit for the listed entities and entities subject to the QFMA’s jurisdiction shall register in the QFMA external auditors’ list.
Fees for External Auditors
Currently, there are no fees for registering an external auditor.
Requirements for Registering External Auditors
For the purpose of registration in the QFMA external auditors’ list, the external auditor shall meet the requirements stipulated in Articles (3, 4, and 5) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.
Application Procedures
For registration in the QFMA external auditors’ list, applications shall be submitted on the form prepared for this purpose by the QFMA. The application shall be complete and attached by all required documents.
Application Examination and Decision:
The QFMA shall issue its decision on the registration application within a period not exceeding ninety (90) days effective from the date of submission a complete application.
Application Forms
Second: Registration of Financial Evaluators
Financial evaluation means preparing evaluation studies for listed entities and entities subject to the QFMA’s jurisdiction, or entities wish to be listed, or unlisted companies to be merged with listed company, a subsidiary of a listed company or merging a listed company for the purpose of listing in the financial markets in order to increase capital, Initial Public Offerings (IPOs), private offering, acquisition, merger, restructuring or any other purpose may be considered by the applicant entity for evaluation.
No person shall conduct financial evaluation for any process related, directly or indirectly, to listed entities or entities subject to the QFMA’s jurisdiction, unless registered in the financial evaluators’ list prepared for this purpose by the QFMA.
Fees for Financial Evaluators
Currently, there are no fees for registering a financial evaluator.
Requirements for Registering Financial Evaluators
For the purpose of registration in the QFMA financial evaluators’ list, the financial evaluator shall meet the requirements stipulated in Articles (14) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.
Application Procedures
For registration in the QFMA financial evaluators’ list, applications shall be submitted on the form prepared for this purpose by the QFMA. The application shall be complete and attached by all required documents as per Articles (13,14,15) of the Rules for External Auditors and Financial Evaluators of Listed Entities & Entities Subject to the Authority’s Jurisdiction.
Application Examination and Decision:
The QFMA shall issue its decision on the registration application within a period not exceeding ninety (90) days effective from the date of submission a complete application.
Application Forms
Third: Real Estate Valuation Companies for Registered Real Estate Funds
Purpose:
The Qatar Financial Markets Authority (QFMA) works to develop a regulatory framework for the registration of real estate valuers whose evaluation reports are used for real estate funds subject to the QFMA's regulatory jurisdiction.
This framework aims to enhance the reliability and consistency of valuation reports used in capital markets, and to enhance investor protection and transparency as well ensure that valuation practices are in line with international standards.
The requirement to register with the QFMA applies to legal entities (companies) that provide real estate valuation services, provided they are licensed in the State of Qatar by the competent authority regulating the real estate sector. This does not include the registration of individual valuers independently
General Requirements for Registration:
The QFMA may approve an entity as a real estate valuer only if the QFMA is satisfied that the entity:
- provides real estate valuation services;
- is licensed by the appropriate authority in the State to provide those services or, if the fund holds real estate outside the State, is authorised to provide those services in the country where the real estate is situated;
- is independent of any real estate fund for which it provides valuation services.
- employs persons with knowledge and experience of the real estate sector; and
- acts in accordance with internationally accepted valuation principles, procedures and definitions as set out in the International Valuation Standards published by the International Valuation Standards committee and endorsed by the Royal Institute of Chartered Surveyors (RICS).
- Link: Offering and Listing, and Mergers and Acquisitions Rules 2025 – QFMA.
Application Procedures:
- Registration applications shall be submitted to the QFMA using the form prepared for this purpose and shall be completed with all the required documents attached.
- Upon approval of the application, the real estate valuer will be listed in the QFMA's Real Estate Valuers List.
Application Examination and Decision:
The QFMA shall issue its decision on the registration application within
a period not exceeding ninety (90) days effective from the date of submission
of a completed application.
Real Estate Valuers Registration Fees:
Crrently, there are no fees for registering real estate valuers
Ongoing Obligations:
Real estate valuers registered at the QFMA are obliged to continue to apply International Valuation Standards (IVS), maintain independence and professional conduct, and notify the QFMA of any material changes that may occur in their legal or professional status.
Application Forms
For inquiries:
Please contact the Licensing Department email at licensing@qfma.com.qa.
