How can foreigners open a business in Qatar

  • Categories: Business
  • Written By: Torjoman
  • Date: August 11, 2022

Setting up a business in Qatar as a foreigner is a difficult and expensive task. But don’t worry, we’ll assist you in pursuing your dream by employing all of our effective resources.

Qatar, as one of the richest countries, has provided aspiring business people with a diverse range of business opportunities. Qatar has transformed itself into a desert from the desert in terms of the business environment, with a progressively growing economy and showing promise advancement in lifestyle.

To open a business in Qatar as a foreigner, you must have a Qatari partner who owns at least 51% of the company’s capital. To put it another way, a foreigner can only own up to 49 percent of the capital of a company in Qatar. However, Article 2 of Law No. 1 of 2010 allows a non-Qatari (foreigner) investor to hold a 100 % stake in a project capital in agriculture, industry, health, education, tourism, development, exploitation of natural resources, energy, mining, and business consultancy, technical, information technology, cultural, sports, entertainment, and distribution services.

Running a company in Qatar as a foreigner is a time-consuming process because it continues to follow the same procedures as registering a foreign company in Qatar.

Apart from the exceptions listed above, it is necessary to have a Qatari partner for foreign business registration in Qatar in the majority of fields. with our extensive network across the country, can help you start a business in Qatar as a foreigner right from the start.

Foreign investors must have a clear understanding of the trade activity of the business they intend to establish in Qatar and must earmark the name of the proposed company with the Ministry of Economy and Commerce.

To meet the requirements for foreign company registration in Qatar, the foreign investor must draft the proposed company’s Document of Association and Articles of Association and have them approved by the Ministry of Justice. The subscribers from the Ministry of Justice must sign the Memorandum of Association and Articles of Association; only after this procedure is completed will the company be eligible for Commercial Authorization.

Obtaining a Commercial Registration in Qatar is a difficult process. Fulfilling the procedures necessitates the specialist advice of a legal professional. While writing the Document of Association and Articles of Association, the guidance of a legal expert is unavoidable. This process is handled by a pool of experts.

Obtaining a commercial registration allows a foreign company to apply for a Tax card, a trade license, and an establishment card.

To acquire a trade license, the proposed company must have an office space. As a foreigner, it will be difficult for you to establish an office space in the appropriate location and at the appropriate time.

Significantly, if you are a foreigner, you will face a big problem because of different languages, but your problem is an opportunity for us to help you. We can assist you by offering the best translation services in Dubai.

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