Qatar business set up
Qatar offers an excellent environment for doing business in the country. It has registered high GDP figures and excellent economic growth for the past few years. The country also acts as a gateway to enter other Middle Eastern countries.
Qatar has continuously provided opportunities for business investors to explore, invest, and expand in numerous ways. Different corporate structures can be established according to business needs.
Company formation in Qatar is a good option for overseas investors and company owners because the country is on its way to becoming one of the world's major business set up centers.
Choose a business activity. ...
Choose a legal structure. ...
Obtain initial approvals. ...
Register the company. ...
Obtain visa and work permits. ...
Obtain commercial registration. ...
Open a corporate bank account. ...
Start business operations.
The characteristics of the limited liability company.
The limited liability company, or LLC in Qatar, is a type of company that has a minimum of two founders and a maximum number of fifty partners. In Qatar, this type of company is known as a WLL company in Qatar. Each of the shareholders is liable only to the degree of capital invested in the company – this limited liability characteristic makes it advantageous for investors. The minimum share capital for an LLC in Qatar is 200,000 QAR (approximately 45,832 EUR) divided into equal shares with a value of 10 QAR or more.
Foreign investors are allowed to hold a maximum of 49% of the company and the LLC must have one or more Qatari partners. In some business sectors, full foreign ownership may be permitted, however, it is recommended to talk to one of our Qatar company formation agents to clear information on the conditions for fully owning a business.
Qatar limited liability company registration in 2024
If you open an LLC in Qatar, it needs to be registered with the Ministry of Economy and Commerce. For this purpose, investors need to prepare the Articles of Association and the Memorandum in Arabic. Qatar company registration agents can help you during this step. The company needs to have a unique trade name and a corporate bank account. The company’s constitutive documents, together with the documents that prove the name availability are submitted to the Ministry of Economy and Commerce and the legal entity receives a commercial residence certificate. Additional charges, permits, or licenses may be needed according to each business activity undertaken by the company. Our experts, such as immigration lawyers in Qatar, can help you with information about the laws on licensing if you are from abroad. The trade license is one of these mandatory permits and it is also issued by the Ministry of Economy and Commerce.
The taxation and incorporation requirements differ in the Qatar Financial Centre and the Qatar Science and Technology Park. Investors should be well informed about the advantages of these special zones, including full foreign ownership permissions, before deciding to incorporate an LLC in Qatar in any of the areas.
One should note that the Computer Card is an important document that shows information about the person that represents and signs on behalf of the LLC in Qatar. The Immigration Office issues such documents.
Can I establish a branch in Qatar?
Yes, you can establish a branch in Qatar, respecting a few conditions in this direction. For instance, the first thing to do is to obtain a decree from the Ministry of Economy and Commerce in Qatar. The incorporation of a branch in Qatar is a complex process, however, the procedure involves a series of documents to prepare, plus the approvals of the authorities. Among these, the declaration showing the intention of establishing a branch, made by the parent company, is needed.
Moreover, The Articles of Association and the Memorandum of Association, a power of attorney and the certificate of registration for a foreign shareholder of the company from abroad are among the documents which need to be drafted at the Commercial Registry in Qatar. If you would like to set up a branch in Qatar, you should seek advice from our team of company formation agents in Qatar. Plus, if you want to hire foreign staff, you can solicit the assistance of our immigration lawyers in Qatar. We can help you with all the required documents when you want to open a company in Qatar.
How to Filling the Application?
Objective: To define the activity to be undertaken by the company.
Procedure: You will submit your company data using an online form that includes:
Capital and partners' shares
Economic activities
Legal form
Trade name
Managers and authorized signatories
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Financial details
Company location
Employment details
Type of contract
Additional data by activity
The form will be automatically verified during data entry.
The application will be processed once it has been submitted. Based on the submitted entries, some or all of the following data must be completed:
Trade name registration
Issuance of a commercial registration
Issuance of a trade license
Issuance of the certificate of registration of the establishment
Issuance of a tax card
Company certificate
Qualitative licenses according to selected economic activities
You will receive regular notifications on the progress of your application via text messages and email. You can also track the application through the single window website. If the submitted data is inaccurate or lacking details, the single-window system automatically asks the investor via text and email to update the required data.
2- Signing the Establishment contract
Objective: The signing of the establishment contract.
Procedure: The investor is notified that the contract shall be be signed electronically through the single-window site using the NAS card through the Hukoomi website. The contract can also be signed by visiting the single window service centers.
3- Payment Stage
Objective: Pay the application fee and receive the extracts
Procedures: The single window aggregates the required application fees.
Pay using debit or credit cards via the single window site.
Visit the single window service centers.
Payment methods that will be available in the future:
Bank transfer to the single window’s account.
Bank deposit.
Partial payments are available through different payment methods, but the processing of the application and the issuance of certificates will not be completed until all fees have been collected.
The official certificates of the company will be automatically issued as soon as the payment process is completed. The single window system issues the approved certificates through the website. Investors can also receive certificates from single window service centres.
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Managing Director/Chief Executive Officer at Haulright Logistics Limited
9 个月Salam alaikum waramotulah Tahalah wabarakatuhu to all my brothers. Jumaah Mubarak to Muhammad Shafi Let us talk business. Deepening business collaboration with #qatarbusiness
CEO & Co-Founder at Hood & Company LLC
9 个月Very useful information. Thanks
CEO & Co-Founder at Hood & Company LLC
9 个月Thanks for sharing the information.
Founder at BiggiePug
9 个月Quatar is a great place to do business