Following a detailed review of Qatari commercial and tax law, Tungsten Network, the global e-Invoicing network built on OB10, now enables customers to send and receive electronic invoices that qualify as a legal invoice in Qatar.
Qatar is Tungsten Network's 47th compliant country and the third Middle Eastern nation that Tungsten is legally and operationally compliant in, joining the United Arab Emirates and Saudi Arabia. Qatari suppliers on the Tungsten Network come from a variety of industries, including hospitality, legal, media and telecommunications.
"Achieving Qatari compliance brings us another step closer to our goal of becoming the world's largest electronic trading network," says Edmund Truell, Group CEO, Tungsten Corporation. "The Middle Eastern nation is one of the world's fastest growing economies and our expansion into Qatar was prompted by requests from a number of our customers who have identified it as an increasingly important market.
"We have invested significantly in our global compliance programme and are delighted to give our clients what they've asked for. Tungsten Network remains committed to bringing the benefits of secure, smart, fast electronic invoicing to more and more territories around the world."