Is entrepreneurship in your blood? At TrustLink, we have a professional team of experts who can help you setup your business in Qatar. Call us at +974 66332969 / 70303534 or email us at [email protected] for a free consultation.
Qatar is a very small country with a population of 2.6M people. However, it is one of the richest countries in the world thanks to its rich deposits of petroleum and natural gas from which the government earns high revenue.
Ever since the blockade for Qatar by the neighboring countries, lots of opportunities have come up in various sectors and the market is wide open for global commerce. Qatar government is also promoting businesses in several segments by providing 100% foreign ownership for companies.
There is no income tax in Qatar but foreign companies operating in Qatar are subject to a flat 10% percent corporate tax on the shares owned by the foreign partner. Aside from the customs duty for imports in Qatar which is as low as 5%, there are no other major taxes in Qatar, which makes Qatar an ideal place for starting and doing business for the new entrepreneurs.
Below are some of the most profitable business ideas in Qatar.
It is one of the most emerging fields in Qatar with currently only a few companies in the market. With the high standard of living led by the locals and residents in Qatar and the convenience offered by the e-Commerce platforms, the number of people buying online are increasing year by year.
- Restaurant Business
The food business in Qatar is definitely worth mentioning as there are only a few businesses which doesn’t require giving goods or services on credit. The location of the restaurant is a key factor which determines the business that you get. Promoting pictures of dishes and cuisines on social media is often a very good way to market the food business.
- Genuine Leather Products
High quality Genuine leather products are often highly appreciated by the people in Qatar. India being the largest leather manufacturing country in the world, companies in India like IBC Store, can manufacture all kinds of high quality genuine leather products in your own brand name at very low cost.
- Handyman Services
People are always in need of Handyman Services like Electrical, Plumbing, Carpentry in their homes and a reliable provider is sometimes very difficult to get. Venturing into this business can be very profitable.
- Mobile Auto Service
Getting a flat tire on the way to office can be a hassle and a mobile service truck just might save your day. They can also help with various other auto related emergency services like battery change/boost, fuel delivery, vehicle lockout etc.
Some of the other business ideas include:
- Information Technology
- Building Materials
- Mobile Car Wash
- Food and Snacks
- Interior Designing
- Resume Writing
- Real Estate
- Tailoring, Dressmaking and Clothing Design
- Mobile Accessories
- Auto Spare Parts
- Landscaping business
- Beauty Salon
- Computer Accessories and repair
- Corn Roasting
- Affiliate marketing
- Search Engine Optimization
- Rent a Car
- Day Care Services
- House Cleaning
- e-Commerce Logistics
Our expert team of consultants has been helping entrepreneurs setup their businesses in Qatar with the right guidance and legal advice. Contact us for a free no-obligation consultation.
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