Request a
Call Back
Company Details
- Office No:66, First Floor, Building No: 239, Street : 230, Opposite KPMG, C Ring Rd, Doha - Qatar
Copyright © 2024 QCF Global Services. All Rights Reserved.
In line with Qatar National Vision 2030, the Qatar Government has implemented more business opportunities for foreign investors and has introduced additional incentives and exemptions to liberalize the Qatar Business environment. To be part of this, “Foreign Investment Law” Law No. 1/2019 allows foreigners to set up 100% foreign ownership in Qatar across various business industries or to convert your existing businesses to 100% foreign ownership to strengthen the foreign investment environment.
According to “Foreign Investment Law” previously, a foreigner can start a company in Qatar requires a Qatari partner with 51% shareholding in the company. As per a new policy, the Qatar Government has opened different ways that a foreign party can own 100% ownership business in Qatar. This excellent opportunity allows foreign investors or entrepreneurs to set up their own businesses with the world’s lowest tax rate, and the company is benefiting from huge diversification and economic growth. Following are the various types of entities that can be established with 100% foreign ownership registration in Qatar.
The law allows foreign investors to operate a trade representation office without a Qatari partner to promote their business activities and offer different products and services to the Qatari market.
As per the new law of the Ministry of Commerce and Industry (MOCI), it is no longer required for an investor to set up a business in Qatar Mainland with a 51% Qatari sponsorship. Because of its strategic location and access to the local market, this will be an optimal choice for entrepreneurs or foreign investors to start their own businesses on the Mainland with 100% foreign ownership. Incorporation in the form of Limited Liability Company (LLC) is allowed with 100% ownership in almost 90% of sectors of the economy, excluding banking, automobile, real estate, petroleum, insurance, and funds investment activities.
Meanwhile, business startups in Qatar Mainland are subject to various government regulations, including tax laws, labor laws, and commercial laws. The Government is committed to simplifying the company setup process and to effortlessly running the businesses in the country.
Qatar free zone (QFZ) is a very popular and independent entity designed to optimize and streamline company formation. Starting a company in the Qatar Free zone (QFZ) sector will offer more opportunities and encourage foreign investors in Qatar. It has many benefits such as 100% foreign ownership of shares, no income tax & corporate tax, no restriction on foreign currency and taxation on foreign trade.
The QFZA now operates two free zones, Ras Bufontas and Umm Alhoul are the main free zones companies in Qatar. All of which are within 30 minutes of the country’s capital, Doha.
Qatar Financial Centre (QFC) is also a popular option and does allow companies to set up with 100% foreign ownership registration in Qatar. Qatar Financial Center (QFC) is a business- friendly ecosystem that offers 100% repatriation of profits, and charges a competitive rate of 10% corporate tax on locally attained profits.
Qatar Government is continuously making an immense effort to implement new rules and regulations for the development of the business environment for foreign investors and to introduce additional incentives and exemptions. The Foreign Investment Law provides a number of benefits to foreign investors or entrepreneurs in Qatar. Some of them are:
If you are seeking for how to start a business in Qatar with 100% ownership or like to know more about accessing the Qatar Mainland, Free Zone, and QFC(Qatar Financial Center), our qualified and expert professionals will guide you. We expertise on serving company formation in Qatar helping lots of customers to register their own company in various business sectors.