COMPANY FORMATION IN QATAR

 

What types of companies can I open in Qatar?

 
The most common types of companies in Qatar are the limited liability company, the public shareholding company, and the branch. Partnerships, joint partnerships, and limited partnerships, as well as joint ventures, are available business forms. Foreign investors in Qatar commonly choose to open a limited liability company. The majority of the business (51%) needs to be owned by a Qatari national or by a group of Qatari national shareholders.
 
The Qatar Financial Centre and the Qatar Science & Technology Park are two special investment zones where foreign company incorporation is encouraged and where investors benefit from a special tax regime and regulatory framework. Companies incorporated in the Qatar Financial Centre are subject to a parallel legal framework, modeled after the English Common law. Full foreign ownership is permitted here and companies incorporated under this special regime can access the Qatar local market. One of our company formation agents in Qatar can give you more information about this special Centre. 

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Registering an LLC in Qatar

 
The registration of a limited liability company in Qatar is made with the Ministry of Economy and Commerce. The incorporation is not complex, however, it is recommended to pay attention to the following aspects:
 
  • A name verification and reservation need to be made before the documents are prepared.
  • The Articles of Association and the Memorandum of Association need to be drafted in Arabic and then notarized.
  • QAR 200,000 represent the minimum share capital which must be deposited in a local bank account.
  • Depending on the business, special licenses and permits are needed.
     
It is important to know that foreign investors in Qatar cannot have more than 49% ownership in the company. This is why a local partner is needed for opening a company in Qatar.

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Can I establish a branch in Qatar?

 
Yes, you can establish a branch in Qatar, respecting a few conditions in this direction. For instance, the first thing to do is to obtain a decree from the Ministry of Economy and Commerce in Qatar. The incorporation of a branch in Qatar is a complex process, however, the procedure involves a series of documents to prepare, plus the approvals of the authorities. Among these, the declaration showing the intention of establishing a branch, made by the parent company, is needed. Moreover, The Articles of Association and the Memorandum of Association, a power of attorney and the certificate of registration for a foreign shareholder of the company from abroad are among the documents which need to be drafted at the Commercial Registry in Qatar. If you would like to set up a branch in Qatar, you should seek advice from our team of company formation agents in Qatar.

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Can I purchase a shelf company in Qatar?

 
Yes, a vintage company in Qatar can be purchased by both domestic or international entrepreneurs wanting to start a business in Qatar and skip the registration formalities for opening a company from scratch in this country. The ownership transfer is the main process to consider when deciding on buying a shelf company in Qatar. It is good to know that a ready-made company is already registered in Qatar, it is kept on a shelf until it ages, has no activities, and therefore no debts. However, it is recommended to solicit company due diligence and make sure the vintage company you wish to purchase has no problems and no liabilities.

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 It is good to know that a shelf company has a bank account, and thus, it is ready to activate on the market. Entrepreneurs from abroad have many reasons to consider purchasing a shelf company, and among these, the possibility of commencing the activities right away, as soon as the ownership transfer took place. Moreover, the company can be a good candidate for a bank loan, due to its clean history background and no liabilities. In-depth support for buying a shelf company in Qatar can be offered by our team of consultants at any time.

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Can I open a holding company in Qatar?


Yes, holding companies can be established as limited liability companies and for QAR 10 million as minimum share capital for public companies. Holding companies are beneficial from a tax point of view because there is no withholding tax, VAT or wealth tax imposed. Just like in the case of other types of companies, holding companies in Qatar must be approved by the Ministry of Economy and Commerce in Doha. We mention that a shareholding company in Qatar must be established by at least 5 stockholders, not exceeding 11

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 All shareholders need to agree on the type of holding company, whether private or public. Holding companies in Qatar can have control of several firms but without performing economic operations. The registration of a holding company in Qatar is not complicated, but as a foreign investor, you should solicit the support of a company formation agent in Qatar. Let us tell you more about how you can open a holding company in Qatar.

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Liaison office in Qatar


liaison office in Qatar is a representative office chosen by international entrepreneurs who are interested in presenting their business on the market. This is a great choice for businessmen who want to develop marketing activities and see what kind of clients they can target. A representative office in Qatar can be established without minimum share capital, it has no financial activities and cannot agree on signing contracts of any kind. Promoting the foreign business in Qatar can be easily done with the help of a liaison office in Qatar, mentioning that this office will act under the same name as the one of the parent company.

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How can I open a bank account in Qatar?


Opening a bank account in Qatar is not a complicated procedure, not even for foreigners in this country. International investors must open a bank account when the registration of a company starts. A copy of the valid passport and the company documents are needed for opening a bank account in Qatar. As for natural persons in this country, they will need to provide a letter from the company they work for if they want to open a bank account. 

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Virtual office in Qatar


Virtual office services can be chosen by businessmen who do not want to set up a traditional office in Qatar in the first place. They can benefit from a complete package and a series of services. A notable business address, call answering and forwarding, secretary services, mail collection and forwarding, fax services and a virtual assistant are among the services comprised by a virtual office package. People can also ask for extra meeting rooms and bank statements collection. The costs for virtual office packages in Qatar can be requested from our company formation agents in Qatar. One of our specialists can also give details about how you can start a business in Qatar, mentioning that we can help you with the authorities in charge of the incorporation.

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