Overseas Recruitment Services
Training & Development
LOGO Design & Animation
Company Formation / Company Registration In Qatar
Qatar Business Consulting providing assistance in company formation, incorporation process and company registration in Qatar at the maximum pace. We provide end-to-end services in connection with company formation in Qatar.
QBC provides a comprehensive solution to all the requirements of its clients from company formation, setting up small or large business ventures to company Registration in Qatar. At QBC, we provide end-to-end services in connection with company formation in Qatar. We are a company built upon the trust of our clients. The satisfaction of our clients is the inspiring force behind our acceleration. Each and every requirement of our clients in setting up business and registering a company in Qatar is dealt with utmost personal care at QBC. We provide hassle free services in setting up a business, company formation and company registration at a minimum cost. The sound knowledge of local markets and massive data acquired through experience have made us the most sought after business advisor in Qatar. The business experts at QBC will lead you to smart and efficient ways of setting up a business in Qatar. Small business start ups or corporate ventures, we provide a complete and comprehensive solution associated with setting up a company, company registration and company formation etc. in Qatar within a specified time frame. Let it be a small or a large scale business, we provide all kinds of assistance to start a business in Qatar, to register a company in Qatar and to obtain the Commercial Registration in Qatar.
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.
How To Setup A Business In Qatar?
Qatar, being a booming economy in the world, welcomes foreign investors to set up companies in Qatar. The driving force behind every businessman is to cherish his dream to be a successful entrepreneur. Sound knowledge about the local business set-up and the latest economical laws of the country is a must to run a successful company anywhere. People looking for commercial registration in Qatar should be aware of the structural options or categories of business in Qatar: a sole establishment, a sole proprietorship company and a limited liability company (LLC Qatar). The Limited Liability Company is the most common option in which the entity must have one or more Qatari national partner whose share in the company capital must not be less than 51%. QBC provides our assistance in the formation of Limited Liability Company Qatar, company in Qatar free Zone and a Branch of foreign company, etc. If you are an aspiring entrepreneur wishing to start a business in Qatar, we assure our assistance in getting approvals from various government departments and municipality by following the specific requirements of the type of company you would like to launch in Qatar.
About Legal Structures Of The Company.
Ministry of Business and Trade is the authority in Qatar to scrutinize each application on a case-by-case before registering any company. The types of companies that a business entrepreneur could consider forming in Qatar are the following:-
• Limited Liability Company (LLC)
• Foreign Company Branches
• Commercial Agencies
• Representative Trade Offices
• General Partnership Company
• Limited Share Partnership Company
• Holding Company
• Public Shareholding Company
• Joint Venture
Ministry of Business and Trade scrutinizes each application on a case-by-case before registering any company in Qatar. Although there is paperwork to be filed, approvals to be obtained and registration fees to be assessed during this process, the mode of registration offers the opportunity for foreign companies to operate separately. LIMITED LIABILITY COMPANY FORMATION IN QATAR LLC Qatar (Limited Liability Company in Qatar) is the most commonly opted business entity in Qatar. It is a joint venture in which one or more Qatari persons or 100 percent Qatari-owned entities hold no less than 51% of the share capital. Such companies are allowed to operate in all sectors of the economy excluding commercial agencies and real estate.
The Foreign Investment Law contains provisions that, subject to an exemption from the Minister of Business & Trade, a branch of a foreign company can be registered in Qatar if that foreign company has a contract in Qatar performing a specific project that “facilitates the performance of a public service or utility”. Companies enjoying such exemptions are not allowed to conduct any type of commercial activities that is not related to the specific contract for which it is registered. Foreign Companies registered under the category will be incorporated same like W.L.L and L.L.C, but the brand equity and ownership will remain with parent company. And the Branch office will be fully taxable unless it is granted a special exemption.
This is yet another method of registering a company in Qatar in which an agent acts as the exclusive provider of services of the foreign principal or the exclusive seller of foreign produced goods in Qatar.
Representive Trade Offices
The Decision of the Ministry of Business and Trade No 142/2006 provides that foreign firms may open a representational office without a local partner. Though the representational office may obtain the Commercial Registration and employ staff in its own name, it only can operate as a ‘shop window’ to promote a foreign company in Qatar and introduce its products to Qatari companies.
General Partnership Company
This is one of the most basic forms of commercial agreements between two or more individuals for the purpose of commercial activities or setting up a company in Qatar.
Limited Shared Partnership Company
The Limited Share Partnership Company may have at least one or more joint partners and at least four trustee shareholding partner. In this method of Company Registration or Company Formation in Qatar, the minimum share capital of the company is QR.1, 000,000.
A shareholding company or limited liability company is a company that has the financial and management control on other companies by owning at least 51% of that company. The minimum requirement to setup such companies in Qatar is QR.10 million.
Public Shareholding Company
The law recognizes different variants of the public shareholding company which is also known as a joint stock company or Qatari shareholding company including: 1- Public shareholding company-open. 2- Private or closed public shareholding company.
The joint venture is a type of company setup comprised of two or more persons designed to carry out a project in Qatar. As per the law, it is an unincorporated entity without legal personality.
To undertake the business of property brokerage in Qatar, it is mandatory to acquire a special license from the Ministry of Business and Trade. Companies must list real estate brokerage as one of their activities.
Taxation Of Companies Registered In Qatar
Law no. 11 and 9 of 1993 and 1989 respectively state that companies owned by foreign nationals must pay tax on their activities in Qatar. Companies owned by Qataris or GCC nationals need not pay tax, whereas foreign partners must pay tax of their share in the business. Tax declarations have to be submitted within four months of the end of the financial year. Companies with profits exceeding QR.100, 000 have to submit audited financial statements certified by an accountant registered in Qatar to support their declaration. Tax rates in Qatar vary from 10% to 35% as per the profit made by the companies. WE ARE ONE OF THE EXPERT CONSULTANTS TO GET LICENSES FOR THE FOLLOWING:-
• Industrial License
• Auditing Company License
• School and Institute License
• Travel and Tourism Agency License
• Shipping Agency License
• Engineering Consultancy License
• Tourism Company License
• Trading Companies
• Contracting Companies License
• Clinic License
• Restaurant License
• Clearing and forwarding license
• Trade mark registration
• Product registration
• Classification certificate
• Import Code
Experience the uniqueness and the personalized service and professional approach in all services related to Business Start-ups, Company Formation or Company Registration or Business Setup in Qatar at QBC. If you have any question in your mind on how to start a small, medium or large business in Qatar? Then, feel free to contact us.