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Setup Business in Qatar Qatar is a sovereign and independent state in the Middle East, occupying a peninsula that juts into the Arabian Gulf. Since independence from Britain in 1971, Qatar has emerged as one of the world's most important producers of oil and gas. The Qatari government is now forging ahead with growth plans in line with Qatar National Vision 2030, its blueprint for economic diversification. New measures were taken in 2019 to encourage foreign direct investment, including legal changes to allow 100% foreign ownership of companies in most sectors, excluding financial services and insurance. A new government body, the Investment Promotion Agency, was formed to streamline procedures for businesses interested in locating to the country. As the host of the 2022 FIFA World Cup, Qatar has spent hundreds of billions of dollars on stadia, transport links and other infrastructure. Residents are seeing the benefits of these projects, which include improvements to expressways and the opening of the Doha Metro. Government planners are also looking to ensure the event has a lasting economic legacy. The incorporation process in Qatar can be complicated, so it is essential to get it right from the outset. Arkadia Venture and its strategic partner in Qatar, Venture Partner Qatar, understand that entering and developing new markets is challenging. We will help alleviate these challenges and equip your business with the resources needed to make your entry into Qatar seamless and efficient. For further information, please click here. Qatar is one of the rapidly growing economies in the world with its high per capita income and largest gas supply. Its new liberalized fiscal policies are based on a clear vision with its windows wide open to foreign investors. The state of Qatar has amended its policies permitting foreign investors to have 100% ownership in certain sectors including agriculture, industry, health, education, tourism, development and exploitation of natural resources etc. A successful strategy for development, investment incentives, infrastructure, banking services, insurance policies, and political and social stability are the contributing factors in creating an excellent industrial climate for setting up a business in Qatar. These factors act as stimuli to setting up a company in Qatar. Here lies the right place and right opportunity to open a company in Qatar . It is considered as the best time to set up a business in Qatar.
About Legal Structures of the Company. Company Formation procedures is one of the most in demand services in Qatar thanks to the rapid development and industrialization. The process of commercial company registration is quite complex and requires the help of an expert guidance. At this stage, Helpline Group remains the top choice for the clients to get their legal documents processed for foreign company formation. The Company registration process refers to the legal registration with the Trade and Commerce Department. The registration process is different depending upon the type of business entity. Some of the common business entities are: 1. Limited Liability Company (WLL) 2. Public Shareholding Company 3. General Partnership Company 4. Limited Share Company 5. Joint Venture 6. QFC Company Registration 7. FreeZone Company Registration
TYPES OF COMPANY SETUP OPTIONS IN QATAR There are many ways for a foreign company or investor to setup a business in Qatar. There are multiple Free Zones in the region like the Qatar Free Zone, Ras Bufontas Airport Free Zone, Umm Al Houl Sea Port Free Zone, Qatar Science and Technology Park (QTSP), Qatar Media City, and Qatar Financial Centre. Companies establishing in Qatar Free Zone can enjoy the following benefits: - 0% corporate tax and income tax - 100% foreign ownership in multiple jurisdictions - Branch or LLC structuruing options - Access to investment funding - Robust laws in data protection and protecting intellectual property - Zero customs duties - Availability of residence visa - Full access to Qatar’s double taxation treaty network with over 65 countries Qatar is keen on attracting industries and companies that would help the economy flourish and contribute to a positive growth and allows for economic diversification. Qatar also allows for a Limited Liability Company (LLC), Foreign Branch Office, and Trade Representative Office. Recently the country has witnessed an increase inflow of companies setting up in the Mainland with a 51% local partner agreement. Having the right partner makes a great difference to the operations of a business entity. Our local team can assist with providing trusted local partners and Corporate Sponsorship options thereby minimizing and risk factor.
As a leading UX design agency, we’re often asked by prospective clients and fellow designers similar questions: Disrupt is an experience to showcase the agency's approach to growing brands by building tech. Featured in an FWA Insights article, our team elaborates on the motivation behind the creation of this site.