Business Setup in Qatar

Qatar provides a great environment for doing business in the country. It has registered high GDP figures and great economic growth for the past few years. Qatar's government offers enough incentives for traders to invest all of their investment in the country of origin, with the freedom to offer, even the laws of the land allow 100% foreign ownership in production, agriculture, health, tourism and education sectors.

The benefits of setting up a business in Qatar

Doing business in Qatar can help companies in:

• No income tax is payable on wages
• There is no tax on export
• Customs tariff is as low as 5%
• Complete transfer of profits to one's own country
• Lower corporate tax 10%
• Highly advanced infrastructure
• Cheap spending power
• Simple recruitment method
• Supporting banking services

Qatar Business Department

Qatar has recognized seven types of businesses under the law. These include:

• Branch office
• Company of a person
• Limited Liability Company
• Public Shareholding Company
• Representative Trade Office

How to start a business in Qatar

The following key requirements are very important for establishing a business in Qatar

Market analysis

If you want to grow your business in Qatar, your success will be largely determined by your understanding of the market. You need to have a thorough understanding of your local methods, the players you are competing with, and ways to create internal pathways. This will ensure that the percentage you spend on registering your business in Qatar will be well-invested and worthwhile.

Pick the right partner

As an example, a company must be wholly owned by Qatar or the individual in Qatar must own at least 5% of the share capital of a company incorporated in Qatar. So partnering is vital to the success of your business. Ideally, partners with similar ideas, values, and ambitions can make it very easy for you to find a partner in Qatar for strategic partnerships.

Includes a company

In order to include a company in Qatar, it is necessary to follow specific procedures based on detailed documentation and proper submission. The process includes registering with the Ministry of Economy and Commerce of Qatar and gaining membership in the Qatar Chamber of Commerce and Industry. In addition, a startup has to buy a trade license, signage license, immigration card, and other additional licenses before starting operations. Actually, fees vary business to business, yet, we are trying to give a picture of limited company registration fees in Qatar. Other requirements include: accumulate a minimum share capital of QAR 200,000, which is primarily determined by the nature of the business in Qatari Bank and obtaining a residence permit; Registering with the Government Revenue and Taxation Department and registering employee’s contracts with the Ministry of Labor.

Other requirements

Other important requirements include approving foreign countries' notarized documents at the Qatar embassy, ​​obtaining office space before applying for a trade license, and obtaining work visas and residential permits.

To meet these requirements, you need to know the processes well. Integrating with the right consultants will ensure that every criteria for doing business in Qatar is met strictly.

How we help invest in Qatar

S & F Consulting Firm offers a full range of services from Qatar to consulting to company completion. We have extensive knowledge of the local business and land rules of the country and therefore can guide you to set up a free business within a very short period of time. We rely on his high level of personal involvement to get the job done without any hassle.