100% Foreign Ownership Company in Qatar
After the FIFA World Cup 2022, Qatar has become one of the favorite destinations for foreigners for foreign investment in all sectors. In line with Qatar National Vision 2030, they are planning to implement more opportunities for foreign investors and will introduce additional incentives and exemptions to liberalize the Qatar Business environment. To be part of this, Qatar allows foreigners to own 100% of businesses across industries to bolster the foreign investment environment.
For this, Qatar Government has opened different ways that a foreign party can own 100% of a business in Qatar. Following are the various types of entities that can be registered as 100% foreign-owned entities:
- Branch Office
- Trade Representative Office
- Limited Liability Company
- Free trade zone company registered in areas like QFC or QSTP
Qatar freezone is a very popular and independent entity designed to optimize and streamline company formation. Starting a company in the Freezone sector will offer more opportunities and encourage foreign investors in Qatar. Qatar Financial Centre (QFC) is also a popular option in Qatar and does allow companies to set up with 100% foreign ownership.
About 100% Foreign owned various business sectors
According to “Foreign Investment Law” a foreigner can start a company in Qatar requires a Qatari partner with 51% shareholding in the company. However, the Qatar government has permitted certain exemptions for 100% foreign ownership in some business sectors. These include:
- Trading companies
- Business consulting and technical services
- Culture, sports, entertainment, and distribution services
- Development and exploration of natural resources
- Information Technology
Moreover, some other business sectors also have been granted 100% foreign ownership but require approval from the Qatari government’s Council of Ministers.
Before going to set up a business in Qatar, it is necessary to know about the type of business structure availability and the laws for foreigners. Due to the world-class infrastructure and strong economy, many foreigners have successfully established companies in various business sectors in Qatar.
How to start a 100% Foreign Owned company in Qatar?
If you would like to know more about accessing the Qatar market and how to start a 100% foreign-owned company in Qatar, please contact us. We at QCF Global Services have years of experience on serving company formation in Qatar. We are leading business consultant and helping lots of customers to register their company in various business sectors.