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, Qatar’s “Foreign Investment Law” Law No. 1/2019 allows foreigners to set up 100% foreign ownership registration across various business industries or to convert 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% foreign ownership 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 registered with 100% foreign ownership 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.
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 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.
Before going to set up a business in Qatar, it is necessary to know about the laws and type of business structure available for foreigners. Due to the world-class infrastructure and strong economy, many foreigners have successfully established their own companies in various business sectors in Qatar. With all assistance for company formation in Qatar, QCF Global Services will help you to incorporate your own business easily and most cost effectively.
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 as a foreigner 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.
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