Business Valuation Qatar · Company Valuation Doha · QCB & QFMA Accepted · CFA-Led · IVS · IFRS
Business Valuation in Qatar & Doha — Independent, CFA-Led, QCB & QFMA Accepted
Corvian Advisory provides CFA-led independent business and company valuation services in Doha and across Qatar — for M&A, share transfers and partner exits, shareholder disputes, QCB and QFMA regulatory filings, QSE-listed company transactions, QFC-registered entity valuations, bank financing, Qatar Vision 2030 project companies, and IFRS reporting. Fixed fee from QAR 3,500. Reports accepted by QCB, QFMA, Qatar banks, and Big 4 auditors.
Direct Answer
Business valuation in Qatar is the process of determining the fair market value of a company using internationally recognised methods — DCF, EV/EBITDA multiples benchmarked against GCC and QSE transactions, or Net Asset Value. An independent valuation is required for M&A, share transfers and partner exits, QCB and QFMA regulatory compliance, QFC-specific entity valuations, QSE listed company fairness opinions, Qatar bank financing, and IFRS financial reporting. Corvian Advisory serves Doha — West Bay, Lusail, Msheireb, QFC — and all of Qatar. Corvian Advisory provides IVS-compliant reports from QAR 3,500 (approx. USD 960), delivered in 2–4 weeks, accepted by QCB, QFMA, Qatar banks, Big 4 auditors, and QICCA.
Every Major Qatar Business Decision Starts with an Independent Valuation
A business valuation from a qualified, independent firm is the evidence base for the most consequential financial decisions Qatar business owners and investors face. Qatar's dual regulatory landscape — onshore Qatar and QFC — creates distinct valuation requirements that a Qatar-specialist firm must understand.
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Selling Your Business in Qatar
Entering a sale without an independent valuation means negotiating blind. Qatar buyers — whether Qatari family groups, QIA-linked investors, GCC PE funds, or international acquirers — arrive with their own numbers. A defensible, IVS-compliant valuation sets your price and protects it through due diligence. Whether your business is onshore Qatar or QFC-registered, the valuation framework must match the jurisdiction and the counterparty's expectations.
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Buying a Business in Qatar
Before committing QAR capital to any Qatar acquisition, you need an independent view of what the target is actually worth. Not the seller's management accounts. Not an IM prepared by their adviser. Our Qatar buy-side valuations are built from normalised EBITDA, QFC or onshore Qatar regulatory context, and real GCC comparables. For QSE-listed targets, we apply listed-company methodologies with QSE-specific liquidity adjustments and QFMA regulatory considerations.
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QSE-Listed Company Transactions and Fairness Opinions
Qatar Stock Exchange (QSE) listed companies require independent fairness opinions for: material related-party transactions requiring QFMA approval; merger and acquisition transactions involving listed entities; rights issues and capital restructurings; and squeeze-out and minority buyout situations. Corvian Advisory prepares QFMA-accepted fairness opinions benchmarked against QSE-listed company comparables, GCC transaction precedents, and QFC entity valuations where relevant.
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QFC-Registered Entity Valuations
The Qatar Financial Centre (QFC) is a distinct legal and regulatory jurisdiction within Qatar, operating under English common law principles and QFC Regulations rather than Qatari civil law. QFC-registered entities — including financial services firms, professional services practices, and technology companies — transact with a different counterparty universe and face distinct regulatory requirements. Valuations for QFC entities must account for QFC licensing value, QFC regulatory compliance status, and the counterparty access premium that QFC status provides. Corvian Advisory prepares QFC-specific valuations that reflect these jurisdictional characteristics.
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Family Business Exit — Qatari Family Groups
Qatar's economy includes significant family groups — Al-Thani family investments, Al-Fardan Group, Mannai Corporation, Hassad Food, and others — alongside a large base of Qatari-owned SMEs. When family members exit, shareholders dissolve a partnership, or generational succession is planned, an independent valuation by a credentialed firm provides the neutral reference point that protects relationships and avoids disputes escalating to QICCA arbitration. We prepare family business valuations all parties can accept.
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Shareholder Dispute — Qatar Courts and QICCA Arbitration
When Qatar shareholders disagree on value — in a partnership breakdown, a contested exit, or a dispute escalated to Qatar courts or the Qatar International Centre for Conciliation and Arbitration (QICCA) — an independent expert opinion from a credentialed firm provides the evidence base for negotiation, mediation, or proceedings. QICCA is the primary arbitration body for commercial disputes in Qatar; our reports meet QICCA's standards for independent expert evidence.
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QCB & QFMA Regulatory Compliance
The Qatar Central Bank (QCB) and Qatar Financial Markets Authority (QFMA) require independent valuations for: acquisitions and change of control of QCB-licensed banks and financial institutions; capital adequacy assessments; QFMA-required fairness opinions for listed company transactions; related-party transaction disclosures above materiality thresholds; and certain QFC Authority licensing requirements. Corvian Advisory prepares QCB and QFMA-compliant valuations to IVS standards.
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Qatar National Vision 2030 Privatisation Valuations
Qatar National Vision 2030 involves significant government-to-private sector transfers across healthcare, education, logistics, and financial services. QIA (Qatar Investment Authority) and EDB (Economic Development Board)-supported projects are creating new investment opportunities that require independent valuations for: privatisation pricing; project company capital raises from private sector investors; strategic investor entry at Vision 2030 programme companies; and concession pricing for PPP structures. Corvian Advisory prepares Vision 2030-context valuations to IVS and IFRS standards.
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How Much Is My Business Worth in Qatar?
The most-searched question by Qatar business owners. An independent valuation gives you a documented, defensible answer using real GCC and QSE market data — not a rough rule-of-thumb, not a generic multiple applied without regard to your sector, QFC or onshore Qatar jurisdiction, QCB licence status, or deal structure. Corvian Advisory provides Qatar business valuations from QAR 3,500, delivered in 2–4 weeks, with dual-currency QAR/USD presentation as standard.
Valuation Methodology
How We Value a Business in Qatar
We select the right methodology based on your business type, sector, and the purpose of the valuation. Qatar's dual regulatory framework — onshore and QFC — means methodology selection must also account for jurisdictional context.
Income Approach
Discounted Cash Flow (DCF)
Values the business based on the present value of projected future free cash flows, discounted at a risk-adjusted WACC. We build independent financial projections. WACC derivation reflects Qatar country risk premium, QAR/USD peg stability, and QCB base rate benchmarks. For Qatar businesses with energy sector adjacency — construction contracts, logistics tied to LNG, hospitality correlated with energy sector activity — we model commodity sensitivity scenarios as part of the standard analysis. For Islamic finance entities, we apply Islamic finance-specific discount rate conventions consistent with AAOIFI guidance.
Best for: Profitable Qatar businesses with 3+ years of trading history — financial services, healthcare, professional services, and QFC-registered firms.
Market Approach
EV/EBITDA Multiples, QSE & GCC Comparables
Values the business relative to QSE-listed companies and recent GCC mid-market transaction precedents. For QSE-listed company fairness opinions, we apply listed-company comparables directly. For private Qatar businesses, we apply GCC private transaction multiples with appropriate size and liquidity discounts. QFC-registered entities may attract a counterparty-access premium reflecting the distinct QFC jurisdiction. For Islamic finance entities, we apply MENA Islamic banking sector transaction multiples benchmarked against Qatar and GCC Islamic bank precedents.
Best for: Most mid-market Qatar businesses and QSE-listed company fairness opinions requiring QFMA acceptance.
Asset Approach
Net Asset Value (NAV)
Values the business based on the fair value of its net assets. Essential for Qatar holding companies, real estate investment entities, and Islamic finance investment vehicles. Qatar family groups frequently hold significant real estate assets alongside operating businesses, requiring mark-to-market restatement under IFRS 13. For Islamic finance investment vehicles — including sukuk portfolios, murabaha receivables, ijara asset bases, and musharaka equity participations — we apply Sharia-compliant asset valuation conventions consistent with AAOIFI standards and QCB regulatory requirements for Islamic banks.
Best for: Qatar holding companies, Islamic finance investment vehicles, real estate entities, and early-stage businesses.
Conglomerate Approach
Sum-of-the-Parts (SOTP)
Values each business segment, subsidiary, or asset class separately using the most appropriate method for each, then aggregates to a group value. Essential for Qatar family groups holding operating businesses, real estate assets, QSE-listed equity stakes, and international investments. QFC-registered subsidiaries are valued separately from onshore Qatar entities, reflecting the jurisdictional distinction. We account for holding company discounts, inter-company eliminations, minority interests, and QIA co-investor participation structures in our SOTP analysis.
Best for: Qatar family group structures, diversified holding companies, and groups with mixed onshore Qatar and QFC entity portfolios.
Pricing
Business Valuation Pricing in Qatar — Fixed Fee. No Surprises. Published Upfront.
Every engagement starts with a fixed-scope proposal. No hourly billing, no scope creep. QAR and USD accepted.
SME & Simple Structure
QR 3,500 – QR 10,000
approx. USD 960 – 2,750
Single entity, straightforward financials, one or two valuation methods.
Our commitment: Every engagement begins with a fixed-scope proposal agreed before work starts. The fee you see is the fee you pay. QAR and USD accepted.
Why Choose Corvian Advisory
Independent Qatar Business Valuation — Principal-Led, Not Junior-Delegated
Corvian Advisory is a specialist business valuation firm serving Qatar and the wider GCC. Every engagement is led directly by a CFA Charterholder and Chartered Accountant with 15+ years of Big 4 experience. No junior delegation. Ever.
Our reports are prepared to IVS and IFRS standards and are accepted by QCB, QFMA, QFC Authority, Qatar banks, Big 4 auditors, Qatar courts, and QICCA arbitration panels. We understand the jurisdictional distinction between onshore Qatar and QFC, and apply appropriate methodology to each.
We maintain a GCC-wide transaction comparables database including QSE-listed company data. Qatar clients include QFC-registered financial services firms, onshore Qatar family businesses, QSE-listed company shareholders requiring fairness opinions, Vision 2030 project companies, and international investors entering the Qatar market.
"We deliver Big 4-quality valuation at a fraction of the cost — because Qatar mid-market businesses deserve institutional-grade work without institutional-grade fees."
CFA
CFA Charterholder — Gold Standard of Finance
ACA
Chartered Accountant — ICAEW standard
QCB/QFMA
QCB, QFMA and QFC accepted reports
Big 4
Reports accepted by all Big 4 GCC audit teams
Our Process
How We Deliver Your Qatar Business Valuation in 4 Steps
A disciplined, transparent process — agreed upfront, delivered on time, documented to QCB, QFMA, QFC, and Big 4 auditor standards.
1
Initial Consultation
No-obligation call to understand your situation, QCB/QFMA/QFC regulatory context, and timeline. Fixed fee agreed and documented before any work starts.
2
Information Gathering
3–5 years of Qatar financial statements, QFC registration documents where applicable, and business documentation collected via secure data room.
3
Analysis & Draft
Principal-led financial normalisation, QFC/onshore jurisdiction analysis, GCC and QSE comparables benchmarking, WACC derivation, and sensitivity testing.
4
Final Report Delivery
Professionally presented IVS-compliant report delivered within agreed timeline — accepted by QCB, QFMA, QFC, Qatar banks, Big 4 auditors, and QICCA.
Client Feedback
What Qatar Business Owners Say About Corvian Advisory
★★★★★
"Corvian produced an independent valuation for our QFC-registered technology business ahead of a Series B round. The report was accepted by our lead investor immediately — methodology was clear, GCC-benchmarked, and completely defensible. Delivered in 13 days exactly as promised."
Founder, Qatar Technology Company
SaaS & Technology — QFC, West Bay
★★★★★
"We commissioned Corvian for a pre-acquisition valuation and QFMA fairness opinion for a QSE-listed company transaction. Their analysis stood up to scrutiny from both QFMA and our legal advisors. Outstanding work delivered on an aggressive timeline."
Partner, Qatar Family Office & PE Fund
Private Equity — West Bay, Doha
★★★★★
"Needed an independent valuation for a family shareholder buyout in our hospitality group. Corvian delivered a fully IVS-compliant report in 16 days — both parties accepted it as the negotiation basis. We avoided QICCA arbitration entirely and closed the transaction smoothly."
CEO, Qatar Hospitality Group
Hotels & Hospitality — Lusail
Case Study
Business Valuation · Family Shareholder Buyout · Doha Hospitality
Family Shareholder Buyout in a Doha-Based Hospitality Group
A second-generation shareholder in a Doha hospitality group sought to exit the family business following a disagreement over expansion strategy. The exiting shareholder's advisers proposed a value nearly double what the remaining family members considered fair, and the dispute was heading toward QICCA arbitration. Corvian Advisory was engaged jointly by both sides as independent valuer. We normalised four years of financials for owner remuneration and related-party leases on family-owned property, applied DCF and EV/EBITDA methods benchmarked against GCC hospitality transactions and QSE-listed comparables, and delivered a fully documented, IVS-compliant valuation of QAR 68.4M. Both sides accepted the report as the negotiation basis, the buyout completed at a value within 4% of our central estimate, and arbitration was avoided entirely.
Valuation Delivered
QAR 68.4M
Delivery Time
16 days
Outcome
Accepted, arbitration avoided
Frequently Asked Questions
Business Valuation Qatar — Questions We Get Asked Every Day
How much does a business valuation cost in Qatar?+
Business valuation fees at Corvian Advisory in Qatar range from QAR 3,500 to QAR 35,000+. SME and single-entity valuations (including QFC-registered entities): QAR 3,500–QAR 10,000 (approx. USD 960–2,750). Mid-market M&A valuations with GCC and QSE benchmarking: QAR 10,000–QAR 35,000 (approx. USD 2,750–9,600). Complex group structures, QFMA fairness opinions, or QICCA litigation support: QAR 35,000+. All fees are fixed-scope and agreed before any work begins — no hourly billing, no surprises. QAR and USD accepted.
What is QFC business valuation and how does it differ from onshore Qatar?+
The Qatar Financial Centre (QFC) is a distinct legal and regulatory jurisdiction within Qatar, separate from onshore Qatar law. QFC-registered entities are governed by QFC regulations rather than Qatari civil law, and transact under English common law principles. Business valuations for QFC-registered entities must account for this jurisdictional distinction: QFC licensing value as a distinct asset; QFC regulatory compliance status as a value driver; the broader counterparty universe that QFC status enables (international financial institutions, foreign investors, and regulated service providers); and QFC Authority oversight requirements. Corvian Advisory prepares QFC-specific valuations that reflect these characteristics separately from onshore Qatar valuations.
Does the QFMA require an independent valuation?+
The Qatar Financial Markets Authority (QFMA) requires independent fairness opinions and valuations for: material transactions involving QSE-listed companies; mergers and acquisitions of listed entities requiring QFMA approval; rights issues and capital restructurings requiring fair value assessment; and related-party transactions above materiality thresholds for listed companies. QFMA-accepted valuations must be prepared by a suitably qualified independent expert to IVS standards. Corvian Advisory prepares QFMA-accepted fairness opinions and independent valuations from QAR 10,000 for mid-market engagements involving listed entities.
Can you value Qatar Vision 2030 businesses?+
Yes. Qatar National Vision 2030 involves the privatisation of government-linked entities and private sector development across healthcare, education, logistics, financial services, and tourism. Independent business valuations are required for: government-to-private asset transfers under privatisation programmes; privatisation IPO pricing; project company equity raises from private investors; QIA strategic investment entry into Vision 2030 companies; and PPP concession pricing. Corvian Advisory prepares Vision 2030-context valuations to IVS and IFRS standards, accepted by Qatar government bodies, QIA, international investors, and Big 4 auditors.
Do you value Islamic finance and Sharia-compliant businesses in Qatar?+
Yes. Qatar has a significant Islamic finance sector including Qatar Islamic Bank (QIB), Qatar International Islamic Bank (QIIB), Masraf Al Rayan, and Dukhan Bank. Valuing Islamic finance entities requires applying Sharia-compliant asset valuation conventions: murabaha receivable portfolios, ijara asset bases, sukuk holdings, musharaka equity participations, and wakala investment structures are each valued under appropriate methodologies consistent with AAOIFI standards. Corvian Advisory applies Islamic finance-specific valuation adjustments and benchmarks against MENA Islamic banking sector transaction precedents and QSE-listed Islamic bank comparables.
Can you provide fairness opinions for Qatar M&A transactions?+
Yes. Corvian Advisory provides independent fairness opinions for Qatar M&A transactions — both QSE-listed company transactions requiring QFMA acceptance, and private M&A transactions where parties require an independent third-party opinion on transaction fairness. Our fairness opinions are based on IVS-compliant valuation analysis benchmarked against GCC comparable transactions, QSE-listed company data, and relevant QFC entity transaction precedents. Fairness opinions are delivered with a formal opinion letter and supporting valuation analysis accepted by Qatar courts and QICCA arbitration panels.
What are typical business valuation multiples in Qatar?+
Qatar mid-market transaction multiples by sector (EV/EBITDA): Technology / Digital 10–18×; Financial Services 8–15× (QSE-listed entities attract liquidity premium; Islamic finance entities benchmarked separately); Healthcare 7–13×; Professional Services 5–10×; Logistics & Trade 4–9×; Industrial 4–8×; Hospitality & Tourism 5–10× (LNG workforce and government hospitality demand); Construction & Engineering 3–7×; Real Estate Services 4–8×. Qatar multiples reflect the energy sector adjacency premium, high per-capita GDP context, and QFC licensing premium for regulated financial services entities. Actual multiples depend heavily on EBITDA quality, government contract exposure, and deal structure.
How long does a business valuation take in Qatar?+
Most Qatar business valuations are completed within 2 to 4 weeks from receipt of financial information. QFMA regulatory submissions and QFC Authority filings may require additional time for regulatory liaison. Complex family business or multi-entity group engagements involving both onshore Qatar and QFC entities may take 4–6 weeks. The timeline is agreed in the engagement letter before any work begins — no retrospective scope extension.
What valuation methods are used for Qatar businesses?+
The main methods are: Discounted Cash Flow (DCF) for businesses with stable earnings; EV/EBITDA multiples benchmarked against GCC comparables and QSE-listed company data; Net Asset Value (NAV) for asset-heavy businesses, holding companies, and Islamic finance vehicles; and Sum-of-the-Parts (SOTP) for diversified group structures with mixed onshore Qatar and QFC entity portfolios. QFC-registered entities may require jurisdiction-specific adjustments reflecting QFC licensing value and counterparty access premium. Most Qatar mid-market valuations use at least two methods, cross-referenced for consistency.
Do you cover the wider GCC from Qatar?+
Yes. Corvian Advisory serves all GCC markets — UAE, Saudi Arabia, Kuwait, Qatar, Oman, and Bahrain — from a single engagement team. Our GCC-wide transaction comparables database is essential for Qatar private company valuations, where Qatar-specific private transaction data alone is limited. Many Qatar-based clients have subsidiary operations or investment assets across multiple GCC jurisdictions, which we value as part of a unified group engagement applying appropriate methodology to each operating geography and regulatory context.
What documents are needed for a Qatar business valuation?+
For a Qatar business valuation we typically require: 3–5 years of audited IFRS financial statements; management accounts for the most recent period; revenue breakdown by customer and segment; a list of material contracts; QFC registration documents where applicable; QCB or QFMA licence details for regulated entities; details of any QIA or government shareholder stakes; and group structure if multi-entity. We provide a detailed information request list on engagement commencement, and work with your finance team to keep the process efficient.
What is the best business valuation company in Qatar?+
When comparing valuation companies in Qatar, look for five things: internationally recognised credentials (CFA Charterholder, Chartered Accountant — not just a generic consultancy licence); IVS-compliant methodology with documented workings; reports accepted by QCB, QFMA, Qatar banks, and Big 4 auditors; published fixed fees agreed before work begins; and principal-led delivery rather than junior delegation. Corvian Advisory is a CFA Charterholder and Chartered Accountant-led boutique serving Doha and all of Qatar, with Big 4 training, 15+ years of experience, fixed fees from QAR 3,500, and delivery in 2–4 weeks.
Do you provide valuation for share transfer or partner exit in Qatar?+
Yes. Share transfer and partner exit valuations are among the most common engagements we handle for Qatar businesses — when a partner exits an LLC, shares are transferred between existing partners, a new investor buys in, or the shareholding is restructured for family succession. An independent valuation gives all parties a neutral, documented reference price for the share transfer, supports the amendment of the Articles of Association and commercial registration, and prevents disagreements escalating to Qatar courts or QICCA arbitration. Fixed fees from QAR 3,500 for single-entity structures.
Do Qatar banks accept your valuation reports?+
Yes. Our reports are prepared to IVS and IFRS standards and are accepted by QNB, Qatar Islamic Bank (QIB), Masraf Al Rayan, Commercial Bank of Qatar, Doha Bank, Dukhan Bank, and international lenders active in Qatar — for acquisition financing, facilities secured against business value, and periodic credit review requirements. Where needed, we liaise directly with your bank's credit team to ensure the report meets their specific format and content requirements.
Do you provide business valuation services in Doha?+
Yes. Corvian Advisory provides independent business valuation services throughout Doha — including West Bay, Msheireb Downtown, the Qatar Financial Centre, Lusail, The Pearl-Qatar, Al Sadd, Al Rayyan, Al Wakrah, and the Industrial Area — as well as the rest of Qatar. Most engagements are conducted remotely via secure data room with video consultations; in-person meetings in Doha are arranged for complex or multi-party engagements. Fixed fee from QAR 3,500, delivered in 2–4 weeks.
Qatar & GCC Market Multiples Reference
Business Valuation Multiples — Qatar & GCC by Sector (2025–2026)
Reference EV/EBITDA ranges from GCC mid-market M&A transactions and QSE-listed company data, with Qatar-specific commentary. Actual multiples vary by EBITDA quality, QSE listing status, QFC jurisdiction, energy sector adjacency, and deal structure.
Sharia-compliant asset base valued under AAOIFI conventions; religious compliance premium applies
Healthcare & Medical
7–13×
Government healthcare privatisation pipeline; Sidra Medicine adjacency
Hospitality & Tourism
5–10×
LNG sector workforce demand; World Cup infrastructure legacy; Vision 2030 tourism initiative
Professional Services / QFC
5–10×
QFC-registered practices attract QFC licence premium; government contract quality critical
Logistics & Trade
4–9×
Hamad Port proximity; LNG logistics adjacency; GCC trade corridor positioning
Construction & Engineering
3–7×
Post-World Cup normalisation; ongoing Vision 2030 infrastructure pipeline
Real Estate Services
4–8×
Lusail City and West Bay management contracts; Katara and Msheireb project adjacency
Food & Beverage / Retail
3–7×
Expatriate population demand; GCC brand extension potential
How We Compare
Corvian Advisory vs Other Qatar Business Valuation Firms
Firm
Typical Fee
Timeline
QFMA & QCB Accepted
Who Leads
Value
Corvian Advisory
CFA-led boutique, 15+ yrs Big 4
QR 3,500–35K+
2–4 weeks
✓ QCB, QFMA, QFC
Principal only
Mid-Market Focused
Global Top-Tier Advisory Firms
Big 4 & international networks
USD 20,000+
6–10 weeks
✓
Junior-led
High Cost
Mid-Tier Advisory Firms
Accounting-led networks – Qatar
USD 8,000–25K
4–8 weeks
✓
Mixed
Mid Cost
Local Qatar Boutiques
Niche or sector-specific
Variable
Variable
Variable
Variable
Variable
All Qatar Valuation Services
Every Business Valuation Service Available in Qatar
Corvian Advisory provides the full spectrum of business valuation services for Qatar companies — from QFC entity valuations to QFMA fairness opinions and Vision 2030 privatisation valuations.
Core Service
Business & Company Valuation Qatar
Full independent business valuation for M&A, shareholder disputes, bank financing, and strategic purposes. IVS-compliant. GCC and QSE benchmarked. From QAR 3,500.
QFC Service
QFC-Registered Entity Valuation
Specialist independent valuations for QFC-registered entities under the Qatar Financial Centre legal framework. QFC licensing value and counterparty-access premium assessed.
Listed Company
QFMA Fairness Opinion & QSE Valuation
Independent fairness opinions for QSE-listed company transactions requiring QFMA approval. Related-party transactions, mergers, and capital restructurings.
Islamic Finance
Islamic Finance & Sharia-Compliant Valuation
Valuations for Qatar Islamic Bank, QIIB, Masraf Al Rayan, Dukhan Bank, and Sharia-compliant business structures. AAOIFI-consistent asset valuation methodology.
Vision 2030
Qatar Vision 2030 Privatisation Valuation
Independent valuations for Qatar Vision 2030 privatisation transactions, QIA-related project companies, PPP concession pricing, and government-to-private asset transfers.
Dispute Service
Shareholder Dispute & QICCA Arbitration
Independent expert opinion for Qatar shareholder disputes, Qatar court proceedings, and QICCA arbitration. Expert witness standard documentation accepted by QICCA panels.
IFRS Service
Purchase Price Allocation — IFRS 3
Fair value allocation of the purchase price across acquired assets for IFRS 3 accounting in Qatar M&A transactions. Intangible asset identification and measurement. Big 4 accepted.
Bank Service
Bank Financing Valuation — QNB, QIB
IVS-compliant valuation reports for Qatar bank financing accepted by QNB, Qatar Islamic Bank, Masraf Al Rayan, Commercial Bank of Qatar, and international lenders active in Qatar.
Annual Service
Goodwill Impairment Testing — IAS 36
Annual CGU-level impairment assessment under IAS 36 for IFRS-reporting Qatar companies. Accepted by Big 4 Qatar audit teams. Discounted pricing for repeat annual engagements.
An increasing share of enterprise value in Qatar no longer sits on the balance sheet. As Qatar National Vision 2030 and the TASMU Smart Qatar programme push digital transformation across government services, logistics, healthcare, and financial services, the businesses being bought, sold, and financed in Doha increasingly derive their value from intangible assets — proprietary software, brands, customer contracts, licences, and data — rather than plant and property. A business valuation that treats these assets as an afterthought will systematically misprice a modern Qatar company.
Corvian Advisory values the full range of intangible assets recognised under IAS 38 and IVS: patents and proprietary technology, trademarks and brands, software and source code, AI and machine learning models, customer relationships and contract order books, franchise and licensing agreements, databases and data assets, mobile applications, domain names, and trade secrets. We apply the internationally accepted methods for each asset class — relief-from-royalty for brands and trademarks, the multi-period excess earnings method (MPEEM) for customer relationships and core technology, replacement cost for software and assembled workforce, and with-and-without analysis for non-compete agreements — reconciled to the overall enterprise value of the business.
This matters across Qatar's modern economy: QFC-registered fintech and digital services firms whose value is almost entirely software and regulatory licensing; QSTP-based technology ventures commercialising R&D; LNG supply chain businesses holding proprietary process technology and long-term contract value; healthcare and education technology platforms serving Vision 2030 priority sectors; e-commerce and digital media businesses built on customer data and brand equity; and Qatari family groups whose consumer brands carry decades of accumulated goodwill that must be separated from other intangibles in IFRS 3 purchase price allocation, then tested annually under IAS 36.
Who values intellectual property and intangible assets in Qatar? Corvian Advisory provides CFA-led, IVS-compliant IP and intangible asset valuations for Qatar businesses — for M&A, IFRS 3 purchase price allocation, IAS 36 impairment testing, licensing negotiations, investor reporting, and dispute resolution — accepted by Big 4 auditors, QCB, QFMA, and QICCA. See our dedicated intangible asset valuation, brand & trademark valuation, digital asset valuation, and startup valuation services, or our purchase price allocation practice for post-acquisition accounting.
Related Service
Looking for Qatar M&A Advisory Rather than Valuation?
If you are planning to sell, acquire, or merge a business in Qatar — and need buy-side or sell-side advisory, not just a valuation report — see our dedicated Qatar M&A Advisory page.
M&A Advisory Services — Qatar
No retainer. Success fee of 2%–5% on deal close. Buy-side, sell-side, and cross-border M&A advisory for Qatar businesses across all sectors including QFC-registered entities.
Company Valuation Services in Doha — Local Market Knowledge, International Standards
Doha concentrates the overwhelming majority of Qatar's business valuation demand. West Bay and Msheireb Downtown host the country's banks, family offices, and professional services firms; the Qatar Financial Centre operates as a distinct English common law jurisdiction from its West Bay towers; Lusail and The Pearl-Qatar are home to a fast-growing base of hospitality, retail, and real estate services businesses; and the Industrial Area and Al Wakrah corridor anchor Qatar's contracting, logistics, and manufacturing SMEs. Valuing a Doha business correctly requires understanding which of these micro-markets the company operates in — because customer base, government contract exposure, licensing regime, and exit routes differ materially between them.
Most valuation companies in Qatar fall into one of three categories: Big 4 and mid-tier audit firms, where valuation is a secondary service line delivered by rotating junior teams; real estate valuers regulated for property appraisal, who occasionally take on business valuations outside their core competence; and business setup consultancies offering valuation as an add-on. Corvian Advisory is different by design — business and company valuation is our core discipline, every engagement is led personally by a CFA Charterholder and Chartered Accountant, and every report is built on a GCC-wide transaction comparables database that includes QSE-listed company data and Qatar private transaction precedents.
The most frequent reasons Doha business owners commission an independent valuation are: a share transfer or partner exit from an LLC requiring a neutral reference price; a sale or acquisition of a business, where the valuation anchors negotiation and survives due diligence; bank financing, where QNB, QIB, Masraf Al Rayan, and Commercial Bank of Qatar require an IVS-compliant report; family succession planning across Qatar's substantial family group economy; QFMA fairness opinions for QSE-listed company transactions; and shareholder disputes heading toward Qatar courts or QICCA arbitration, where a credentialed independent expert opinion is the evidence base.
Every Doha engagement is delivered on a fixed fee agreed before work begins — from QAR 3,500 for a single-entity SME valuation to QAR 35,000+ for multi-entity family group structures — with most reports completed in 2–4 weeks. Engagements run through a secure data room with video consultations; in-person meetings in Doha are arranged for complex or multi-party matters. Reports are presented in dual QAR/USD format and are accepted by QCB, QFMA, the QFC Authority, Qatar banks, Big 4 auditors, Qatar courts, and QICCA arbitration panels.
Doha
Capital & Business District
West Bay
Financial & Commercial Hub
Lusail
New City Development
QFC
Qatar Financial Centre
Msheireb
Downtown Doha
The Pearl
Retail & Hospitality Hub
Al Rayyan
Greater Doha
GCC-Wide
All Six GCC Markets
Get an Independent Qatar Business Valuation — Fixed Fee, Delivered in 2–4 Weeks
Start a Confidential Conversation About Your Valuation or Transaction
Every engagement begins with a confidential discussion – no pressure, no obligation. Tell us what you need: an independent valuation, a deal you are working on, or a transaction you are evaluating. We respond within 24 business hours. All communications are strictly confidential.
Location
Dubai, United Arab Emirates Serving UAE · KSA · Qatar · Kuwait · Bahrain · Oman · EMEA · APAC