Qatar is a relatively restrictive country in regards to foreign investments, in that shareholdings of incorporated entities must have at least 51% shareholdings by Qatari nationals. This is built upon the initiative of “Qatarization”, which intends to place priority of employment and power for Qatari individuals over foreign nationals. As such, it may be a complex and challenging environment to incorporate in Qatar. These factors must be considered, in addition to:
•The industry and type of business that will be conducted
•Nationality of the headquarters / individuals (s)
•Presence of existing trade agreements or relationships
All foreign companies seeking to incorporate in Qatar must be established under the Foreign Investment Law. There are two restrictions placed on foreign companies under the Foreign Investment Law:
•Foreign ownership is restricted to a maximum of 49% of a company’s capital, where at least 51% must be owned by a Qatari partner. This restriction does not apply in certain sectors such as agriculture, industry, healthcare, education, tourism, energy or mining, and does not apply to projects that contribute to Qatar’s development plans.
•Certain types of businesses are restricted, such as investments into banking and insurance which requires approval from the Council of Ministers for each individual case. Foreign investment in commercial agencies and real estate trading is not permitted.
There are several forms of legal entities which foreign companies may incorporate:
•Limited Liability Company (LLC)
•Foreign Company Branches
•Representative Trade Offices
•General Partnership Company
•Limited Share Partnership Company
•Public Shareholding Company
Helpline Group is an International Consultancy providing assistance in company formation, incorporation process and company registration in Qatar at the maximum pace. We provide end-to-end services in connection with company formation in Qatar.
For more visit : www.qatarhelplingroup.com
Call : +974 44271100 or whatsapp : +974 77711129
Mail : firstname.lastname@example.org
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