Company formation in Qatar – SK Patodia

ADVANTAGES OF COMPANY FORMATION IN QATAR

Company formation in Qatar requires planning, knowledge and commitment. The country has shown promising growth in the last several years. More and more businesspeople are opting for Qatar as the country is dedicated to encouraging foreign investment.

  • Qatar’s GDP has been continually rising since 2011

  • 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

  • It will be hosting the Football World Cup (2022), which has put its name on the global map

REQUIREMENT TO OPEN A COMPANY

BASIC REQUIREMENTS

  • The company can be incorporated with a minimum share capital as the mandatory requirement to invest QRS 20000 is abolished
  • Minimum 2 shareholders (Local Partner Shareholding should be minimum 51%)
  • Minimum 1 Director (Qatar resident)
  • Registered office address

DOCUMENTS REQUIRED

  • 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

  • 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

Qatar company formation takes approximately 12 – 15 days.
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