Setup an Offshore company in Qatar
Looking to register an offshore company in Qatar? TrustLink’s team of consultants can assist you register an offshore company in Qatar. Contact us at [email protected] or call us at +97466332969 / 70303534 for a free consultation.Contact Us
Those looking to set up an offshore company in Qatar should have an understanding of the following procedures and measures prior to registering the company in Qatar. Below are the steps involved.
Step 1 – Name Approval:
A trade name should be unique and not registered as a trademark in Qatar. We will check with the Ministry to ensure your trade name is available. Checkout this article to understand the steps to Choosing the perfect trade name in Qatar.
Step 2 – Choose Company activities:
The activities of the company need to be finalized during this stage. This can be a management office or a head quarters of a foreign company. In addition, you can also have other activities which you can do using this company.
Step 3 – Preparing the Articles of Association:
Drafting the articles of association is the next step in registration of an offshore company in Qatar. The Articles of Association should include the following:
- Name of the company, followed by “limited liability company” in case of companies.
- Company’s headquarters address.
- Purpose of the company.
- Term of the company.
- Capital of the company and description of in-kind shares.
- Restrictions on shares transfer (in case of companies only).
- Names, nationalities and residences of shareholders (in case of companies only).
- Losses and profits distribution methods among partners.
- Names of persons managing the company.
- Capital structure.
Step 4 – Finding an office space in Qatar:
To register an offshore company in Qatar, you need to have a virtual office in Qatar. Our office advisors at TrustLink can help you find a fully serviced office space or virtual office in one of the Business Centers in Qatar.
Step 5 – Commercial Registration and Commercial License:
The corresponding authority will issue the Commercial Registration and Commercial License at this stage. Your offshore company in Qatar is now officially registered. You can now open a temporary Bank account in any of the banks in Qatar.
Step 6 – Company Seal:
The seal of company should be prepared according to the specifications of the Ministry. This can be made with or without the logo of the company.
Step 7 – Temporary Bank account Opening:
At this stage, you can open a temporary Bank account in Qatar. However, the bank does not issue a cheque book for a temporary bank account.
Step 8 – Establishment Card:
This is the next step in the process to register your company with the Ministry of Interior to process the visa and residence permit of the owners and the employees. Once this computer card is processed, the company can be registered with the Ministry of Labour in Qatar.
Step 9 – Permanent Bank account:
It is now possible to open a permanent bank account in Qatar with full access and do international transactions from Qatar. Most banks require a minimum deposit to open the account initially.
Step 10 – Manager Visa:
The manager can be transferred locally or hired internationally. The visa process is much simpler for an offshore company in Qatar without any restrictions on the visa quota based on nationalities of the employees or owners.
How can TrustLink assist with Offshore company registration in Qatar?
Our consultants at TrustLink can assist you with Offshore company registration in Qatar. For more details, please speak to our team at +974 66332969 / 70303534 or email [email protected].Contact Us
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