No income tax or social security deductions payable on wages and salaries.
No taxation is payable on exports and customs duties start at just 5%.
Foreign investors are permitted full repatriation of capital and profits overseas in foreign currency.
Corporate tax on foreign companies is 10%
Many transportation infrastructure in development.
State-of-the-art telecommunications infrastructure.
Top international exhibitions and conference venues.
High quality offices and residential accommodations.
In expensive workforce and easy recruitment procedures.
Luxury hotels, hospitals, schools and shopping malls.
At Trustlink, we provide end-to-end services to any requirements on company formation and registration in Qatar. Let it be a small or large scale business venture, we provide a quality company formation consultation at a low cost.
People looking forward to setting up a new company should be aware of the different types of companies which are allowed in Qatar, namely
LLC (Limited Liability Company), being the most commonly opted business entity in Qatar, is a joint venture in which one or more Qatari national 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.
On formation, the LLC can trade freely in the State of Qatar.
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.
The Limited Share Partnership Company may have at least one or more joint partners and at least four trustee shareholding partners. 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.
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.
Branch Offices can only be established when the company has a contract in Qatar which “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 this category do not need a sponsor or Service agent, but 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.
A foreign firm can open a representational office without a local partner, obtain the Commercial Registration and employ staff in its own name under this registeration. It operates as a ‘shop window’ to promote a foreign company in Qatar and introduce its products to Qatari companies.
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.
In case you’re setting up an organization in Qatar you will require the support of a Qatari partner so as to get the fundamental licenses to work in the nation. Through our broad system of elite Qatari business contacts and partnerships, we can assure you an ideal individual to accomplice your organization.