Company formation in Qatar

National Vision 2030, a development plan launched in 2008, initiated the country's economic diversity in non-oil sectors and oversaw numerous improvements in international investment policies and procedures. The country's rich economy, world-class infrastructure, and the lowest corporate tax rates make company formation in Qatar particularly appealing to foreign investors.Qatar 

The Al Ula agreement, reached on January 5 at the 41st summit of the Gulf Cooperation Council (GCC), lifted the economic and diplomatic blockade imposed on Qatar by other GCC countries including Saudi Arabia, the United Arab Emirates (UAE), Bahrain, and Egypt, is also good news for international investors.

You can only begin doing business in Qatar as a foreign investor if you have a minimum authorized share capital of USD 55,000 and at least one local Qatari partner. Private LLC companies are the most standard business setups, with the foreign investor owning up to 49% of the shares, with the remaining 51% held by the Qatari partner, who is typically an expert passive Qatari shareholder. Though limited, the Ministry of Business and Trade may authorize 100% foreign ownership on a case-by-case basis and in specific sectors such as agriculture, health, education, tourism, information technology, and entertainment.

Because Qatar is a wealthy country that has a high level of disposable income among its citizens, an e-commerce business with only 20% penetration can provide enormous business opportunities to foreign investors. With high-speed internet availability, internet penetration is nearly 100%.

Furthermore, you do not need to be a legal resident to be a partner in an online business, and you can even start one while on a business visa. The first step is to register your company with the Ministry of Commerce and Industry (MOCI), the Qatar Financial Centre (QFC), or the Qatar Science and Technology Park (QSTP).

Company formation in Qatar