1 / 5

open business in qatar (1)

Qatar National Vision 2030 is a development strategy that was introduced in 2008 to boost the nation's economic diversification and numerous adjustments to the laws and regulations governing foreign investment. Foreign investors are drawn to Qatar mainly due to the country's robust economy, first-rate infrastructure, and one of the lowest corporate tax rates. If you are planning to open a business in Qatar, then this is a must-read.

qatarhelpline
Download Presentation

open business in qatar (1)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Open Business in Qatar Qatar National Vision 2030 is a development strategy that was introduced in 2008 to boost the nation's economic diversification and numerous adjustments to the laws and regulations governing foreign investment. Foreign investors are drawn to Qatar mainly due to the country's robust economy, first-rate infrastructure, and one of the lowest corporate tax rates. If you are planning to open a business in Qatar, then this is a must-read. You can only start a business in Qatar as a foreign investor if you have a minimum share capital of USD 55,000 and at least one local Qatari partner. The most typical corporate structure is a private LLC company where a foreign investor can control up to 49% of the company's shares. The remaining 51% is held by a Qatari partner who is a professional passive shareholder. Though it is restricted, the Ministry of Business and Trade may on certain occasions allow 100% percent foreign ownership in certain niche industries, such as agriculture, health, education, tourism, IT, and entertainment. Setting up business in Qatar

  2. Company structures provided in Qatar? Some of the business structures in Qatar include: ● ● ● ● ● ● ● ● Sole Proprietorship Company General Partnership Company Branch Office Representative Office Shareholding Company Limited Liability Company International Engineering Consultancy Office (IECO) Simple Partnership Company If you don’t want a Qatari shareholder or are not interested in making any big investment, consider entering into an agency agreement with a professional agent or distributor. Start a business in Qatar

  3. Benefits of setting up business in Qatar One distinctive feature of Qatar’s business environment is the Qatar Business Zone. Before choosing where to launch a business in Qatar, entrepreneurs must understand the differences between setting up a shop inside or outside the free business zone. The laws and regulations that apply to businesses are quite different between the two zones. There are many benefits of the free business zone including full foreign ownership of shares, no restrictions on foreign currency, and the absence of income tax, corporate tax, and foreign trade taxes. The free business zone is the location of choice for most entrepreneurs looking to launch a business in Qatar. This zone has technology, logistics, maritime, manufacturing, and even petrochemical companies located in this area.

  4. Benefits of Company Formation In Qatar Over the last few years, Qatar has become a prominent place to start a business. It’s noticed that many companies, including manufacturing, tourism, manufacturing, information technology, and education, have seen a sharp increase in diverse commercial operations. Because Qatar has become such an open economy, immigrants and expatriates have plenty of opportunities to start their own businesses. Any foreign company looking forward to Start a business in Qatarcan do so now. Understanding the many business types that would best fit the characteristics of your company in the Qatari business registration process. Here are some of the best registrations you could do: a. b. c. d. Shareholding company Joint venture company LLC Company Public partnership company Start a business in Qatar

  5. Benefits of Start a business in Qatar Here are some of the reasons why Qatar is the best place for Start a business in Qatar a. b. Zero income taxes – is the richest country in the world that has a GDP per capita of $102,800. Highly developed and widespread infrastructure – has 4 airports, 7 ports, and harbors. Qatar is known for its oil and energy resources. Modern offices and a luxurious lifestyle – offer you the most amazing urban communities you can live in. The incredible nightlife, shopping malls, and skyscrapers give you a view of the Arabian Gulf. Wonderful work atmosphere – the Qatari people are amazing and polite to work with. They also meet any obligations and are helpful to others. c. d.

More Related