Starting a Business in Qatar as a foreigner
Are you a foreigner in Qatar? And are you planning to start a business?
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Starting a business in Qatar as a foreigner is a complex and costly task. But don’t worry we help you with all our efficient resources to pursue your dream.
Being listed among the wealthiest nations in the world, Qatar has offered a wide arena of business operations to the aspiring business people out there. With a steadily developing economy and promising progress of lifestyle, Qatar has now turned into a dessert from the desert in the case of the business environment.
To start a business in Qatar as a foreigner it is mandatory to have a Qatari partner who holds at least 51% of the capital of your business. In other words, a foreigner can only hold up to 49% of share in the capital of their business in Qatar. However, Article 2 of Law No 1 of 2010 enables a Non-Qatari (foreigner) investor to hold 100% share of the project capital in the fields of agriculture, industry, health, education, tourism, development, exploitation of natural resources, energy, mining and business consultancy, technical, information technology, cultural, sports, entertainment and distribution services.
Starting a business in Qatar as a foreigner is a laborious process as it follows the same procedures of foreign company registration in Qatar.
For most of the fields apart from the above-mentioned exceptions, it is required to have a Qatari partner for the foreign company registration in Qatar. TrustLink with our wide network throughout the country assists you in starting a business in Qatar as a foreigner from the initial stage itself.
The foreign investors shall have a clear cut idea about the trade activity of the business they want to put up in Qatar and shall reserve the name of the proposed company from the Ministry of Economy and Commerce.
To meet the requirements of foreign company registration in Qatar the foreign investor shall draft The Memorandum of Association and Articles of Association for the proposed company and should get it approved from the Ministry of Justice. The Memorandum of Association and Articles of Association shall be signed by the subscribers from the Ministry of Justice, only after completing this procedure company is allowed for the Commercial Registration.
Getting the Commercial Registration in Qatar is not an easy process. It requires the expert guidance of a legal professional to fulfill the procedures. The assistance of a legal expert is inevitable while drafting The Memorandum of Association and Articles of Association. TrustLink has a team of qualified professionals dedicated to this process.
Procuring the commercial registration makes the foreign company eligible to apply for Tax card, Trade license and establishment card.
To obtain a trade license it is mandatory to have an office space for the proposed company. When you are a foreigner it would be difficult for you to set up the office space in the right space and time. Your hurdle is the opportunity of us to help you. We help you to find and set up the most appropriate office space in Qatar concerning the needs of your company.
Foreign company registration in Qatar comprises of the aforementioned procedures. Finding it burdensome? You have a hand to catch up on. TrustLink is a certified consultancy, providing end to end services of foreign company registration in Qatar.
To avail our fastest and reliable services in the most affordable fees
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