New Company Formation in Qatar

  • Why Should You Start a Business in Qatar?

    Company formation in Qatar requires planning, knowledge and commitment. The country has shown promising growth in the last several years. Additionally, Qatar’s GDP has been continually rising since 2011. More and more businesspeople are opting for Qatar as the country is dedicated to encouraging foreign investment. Although its economy relies heavily on oil and gas, the government has started focusing on non-energy sectors like finance, education, health, tourism, etc.

    Qatar offers an excellent business environment with its infrastructure, political stability, investment incentives and banking services. Additionally, it will be hosting the Football World Cup (2022), which has put its name on the global map.

  • Procedure for Company Formation in Qatar

    • Reserving the company name with the Ministry of Economy and Commerce in Doha
    • Obtaining a letter from the Ministry of Business and Trade, addressed to a bank in Qatar for opening a bank account
    • Preparing the Articles of Association for the company
    • Depositing the legally required capital at bank
    • Obtaining an approval of the Commercial Companies Control Department at the Ministry of Economy and Commerce for incorporation documents
    • Authenticating the company’s Articles Of Association before the Ministry of Justice
    • Registering with the commercial registry as maintained by the Ministry of Business and Trade
    • Registering with Qatar Chamber of Commerce and Industry
    • Obtaining a company stamp
    • Registering for Taxes and obtaining a Tax Identification Number
    • Applying for Trade License with Ministry of Business and Trade
    • Applying for signage license at the Ministry of Business and Trade
    • Applying for Immigration Card
  • Setting up a Business in Qatar Requirements

    Basic Requirements for Company Formation in Qatar

    • Minimum Capital Requirement is 200,000 QR
    • Minimum 2 Shareholders (Local partner Shareholding should be minimum 50%)
    • Minimum 1 Director (Qatar resident)
    • Registered office address

    Documents Required for Company Formation in Qatar

    • Copy of Company’s Memorandum and Articles of Association
    • Certified true copies of Passport and residential address proof of the Directors, Signatories, ultimate beneficiary Owners and Shareholders
    • Details of Shareholders
    • Declaration form signed by a Qatari Shareholder (only applicable is there is a Qatari Shareholder in the company)
    • Certificate from the Bank stating the share capital has been deposited
  • Our Services for Company Formation in Qatar

    • Checking for name availability and reserving the same
    • Company Registration
    • Preparing the Articles of Association and Shareholders’ Agreement
    • Registering with the Chamber of Industry and Commerce
    • Municipality License
    • Tax Card
    • Computer Card
    • Obtaining a company seal
    • Retainer fee for local resident nominee director
    • Visa applications
  • Time Period for Company Formation in Qatar

    Qatar company formation takes approximately 12 – 15 days.

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