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Qatar - Business Setup

About Qatar

Qatar, a sovereign state in the Middle East, has evolved into a significant global player in oil and gas production since gaining independence from Britain in 1971. In alignment with Qatar National Vision 2030, the government is actively pursuing economic diversification. Notably, in 2019, the country implemented measures to attract foreign direct investment, allowing 100% foreign ownership in most sectors, with exceptions for financial services and insurance. The establishment of the Investment Promotion Agency further streamlined procedures for businesses interested in establishing a presence in Qatar.

Qatar has invested heavily in infrastructure, spending hundreds of billions on stadiums, transport links, and other facilities. These projects have already yielded tangible benefits for residents, such as improved expressways and the inauguration of the Doha Metro. The government aims to ensure a lasting economic legacy, contributing to the realization of Qatar National Vision 2030.

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Navigating the business landscape in Qatar can be intricate, necessitating a meticulous approach to the incorporation process. Recognizing the challenges of entering new markets, SFM Corporate Services, along with its strategic partner, is positioned to assist businesses in overcoming obstacles. Their collaborative efforts aim to facilitate a seamless and efficient entry into the Qatari market, providing businesses with the necessary resources to thrive.

In summary, Qatar's trajectory as a key player in oil and gas has been complemented by strategic initiatives for economic diversification outlined in Qatar National Vision 2030. The nation's commitment to fostering foreign direct investment, coupled with significant investments in infrastructure, underscores its global prominence. SFM Corporate Services stands ready to guide businesses through the intricacies of market entry, ensuring a successful and sustainable presence in Qatar.

Company Formation in Qatar: Registration Process
5 Simple Steps are needed to Register a Company in Qatar
 
Contact Us for a Free Consultation
SFM Corporate Services provides complimentary company formation consultation to existing and potential clients.
 
Select your Company Type
We offer many company formation options here for single or multiple shareholders and directors in either the Mainland or in one of the Qatar Free Zones.
 
Get a License Notification
Company formation application process begins once all necessary documents are acquired.
 
Start your Residency Process
Following your Qatar Company's registration, the authorities will process and stamp your residency permit.
 
Rapid Bank Account Opening
At SFM, we feel it’s vital that a company holds corporate onshore or offshore bank account.
 
 

Banking Options

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Company Formation in Qatar: Benefits & Tax Advantages

  • 100% foreign ownership
  • 0% to 10% corporate tax (depending on where the company is registered)
  • Up to 50 shareholders
  • Strategic access to global markets
  • Strong contract enforcement & financial incentives
  • Largest GDP per capita of the region
  • Residence Visa
  • One of the safest countries in the world
  • Strong government support for infrastructure and related projects
  • New modern environment perfect for the safe storage of goods within proximity to your retail environment
 
 
Company Formation in Qatar: Types of Companies
LIMITED LIABILITY COMPANY - MAINLALND

Limited Liability Company (LLC)

Previously, foreign companies were typically allowed to own up to 49% of an onshore company, with local partner holding 51% in Qatar. The LLC encompasses a wide range of activities, although certain restrictions apply, such as the requirement for Qatari ownership in some cases. As of 2023, 100% foreign ownership of onshore LLCs is possible with prior approval from the ministry.

Key Details:

  • Timelines: Completion within 1 week (provided the investor's documents are attested and ready in Qatar, and office space is secured with a signed lease agreement).
  • General Manager (GM) needs residency and a Qatar ID.
  • Legal Reserve: 10% of net profit.
  • Annual license renewal is mandatory.
  • Office space is a prerequisite.
  • Appointment of auditors within 30 days.
  • Compliance with Labour Quotas and the Wage Protection System (WPS).

Foreign Company Branch Office

This type of branch office allows for 100% foreign ownership, contingent upon obtaining a government-issued contract. The existence of the branch is limited to the duration of the specific project outlined in the contract, and it is not authorized to engage in any other activities.

Key Details:

  • Shareholder: Overseas Parent Company with 100% ownership.
  • Timelines: Completion within 2-4 weeks (provided the investor's documents are attested and ready in Qatar, and office space is secured with a signed lease agreement).
  • A contract with the government or a semi-government entity is mandatory.
  • The branch is exclusively permitted to fulfil the government contract for which it was established.
  • The General Manager (GM) requires residency and a Qatar ID.
  • Annual license renewal is a prerequisite.
  • Office space is a mandatory requirement.
  • Appointment of auditors within 30 days.
  • Compliance with Labour Quotas and the Wage Protection System (WPS).

Trade Representative Office

A Representative Office is established in Qatar by any international company or enterprise to represent it in Qatar in order to promote its products and services, boost business, or facilitate commercial agreements between the principal the customers, such office is not allowed to carry out any trading activity nor enter into commercial transactions and deals by itself.

Key Details:

  • Shareholder: Overseas Parent Company with 100% ownership.
  • Timelines: Completion within 2-4 weeks (provided the investor's documents are attested and ready in Qatar, and office space is secured with a signed lease agreement).
  • Restricted to the marketing of goods and services of the parent company, with no transactional capabilities.
  • The General Manager (GM) requires residency and a Qatar ID.
  • Office space is a mandatory requirement.
  • Appointment of auditors within 30 days.
  • Compliance with Labour Quotas and the Wage Protection System (WPS).
QATAR FINANCIAL CENTER (QFC)
Full foreign ownership is allowed within a legal framework based on English Common Law. Business activities can be tailored for special occasions. An online portal facilitates easy modifications and changes for business convenience. The model operates exclusively on a business-to-business (B2B) basis.

Key Details:

  • Foreign ownership is allowed.
  • Formation options include LLC companies, limited liability partnerships, and branches.
  • QFC permits both regulated and non-regulated activities.
  • There is no minimum requirement for office space, and it is not tied to visas. Building centers are authorized by QFC. Prices start at QAR 1,800 per month (equivalent to 500 USD per month).
QATAR FREE ZONE (QFZ)
Complete foreign ownership is permitted with affordable setup fees. An LLC has the authority to engage in commercial activities directly with third-party or mainland-registered customers. Suggested local engagement in commercial activities is 30%. Business activities are categorized into clusters such as marine, logistics, services, etc. The model is exclusively business-to-business (B2B).

Key Details:

  • Full ownership by foreign entities
  • Comprises Ras Boufantas and Umm AlHould Free Zone
  • Office requirements include a minimum of 10 square meters that is linked to visas. QFZ provides various spaces, including flexi desks at USD 1,500 per desk per year (with 1 visa per space). Regular offices, warehouses, and land are also available.
QATAR SCIENCE & TECHNOLOGY PARK (QSTP)

Full foreign ownership is permissible for tech-based companies, research centers, and tech start-ups under a legal system based on English Common Law. A dual license, applicable to both the mainland and QSTP (Qatar Science & Technology Park), is an option. Business activities can be tailored for special occasions.

Key Details:

  • Allows complete foreign ownership.
  • Enables engagement in technology, education or training, IT consulting, manufacturing, and research and development.
  • A minimum of 45 square meters is required as office space, and QSTP provides spaces starting from QAR 95,000 (equivalent to 26,000 USD).

Company Formation in Qatar: Types of License

  • Services License
  • Industrial License
  • Real Estate license
  • Commercial License
  • Transport License
  • Consulting license for Engineering Offices
  • Consulting License for Technical & Economic Communication Offices
  • Entrepreneur License
  • Agricultural License
  • Mining License
  • Regional Headquarter License
  • Audiovisual Media License
  • License for Scientific and Technical Office
  • Printing and Publishing License
  • License for Serving Agents and Providing Workers Services

Why Choose SFM As Your Corporate Provider?

We prioritize confidentiality and data protection to ensure the safety of your sensitive information. We offer competitive pricing to provide cost-effective solutions for your business needs. SFM has a high client satisfaction rate, which is a testament to our commitment to excellent service. Additionally, we have a team of experts with extensive knowledge and experience, business experts and an international group of companies who are members of leading associations. SFM also has a strong executive team that conducts business with integrity and due diligence, guaranteeing the best possible outcome for your company.
Documents Required
for the Qatar company formation
Business Plan including financial and employment forecasts, Passport Copy, Copy of Articles of Association/Memorandum of Association for parent company, Copy of the Commercial Registration/Certificate of incorporation for parent company, Copy of Certificate of Incumbency for parent company, A Board Resolution to register the LLC in Qatar, A POA to register the LLC in Qatar, Audited financial statement for the last financial year of the parent company. **

Additional documents may be needed at any point during the incorporation process at the discretion of the license issuing authority


* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4+ out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
04-Apr-2024
accessible, fast and competent
04-Apr-2024
I incorporated a company in Delaware and did it through SFM Corporate Services Dubai.

The company services exceeded my expectations they made it very easy for me to proceed and regularly updated me on the progress.

Xenia Tsyganova who was my Client Manager was very polite, fast and very professional through the whole process. Huge thanks to Xenia !

I would highly recommend SFM Corporate Services !
26-Feb-2024
Very professional service ! I highly recommend SFM, and I do it for all my clients.
They are able to give the best advices and open the right doors for your business.
Thank you SFM Team 🙏
17-Jan-2024
SFM has incorporated an offshore company for me in a timely manner and managed to open a bank account for the company as well. Their services were exceptional.
Anna Hochberg have gone above and beyond and I'm truly grateful for her services, support and efforts.
29-Dec-2023
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28-Nov-2023
Good services and very comfortable!
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