i have a few questions, we have a company already set up outside qatar and we want to open up a regional office in Doha, whats the proceduers for such thing?
Do we have to set up the company fully again in Qatar?
Ok, the answer to that is, yes and no! It's true this 'law' was announced about 18 months ago. As with many things here, in reality it's not quite as straight forward as it would seem. Yes, theoretically an IT company can be under 100% foreign ownership, however, in practice it seems most of the companies involved are large international companies who have been 'invited' to come to Qatar by HRH.
It's an expensive route to take, and frankly there's little chance of approval. We would be happy to go down this road on your behalf and make the application, though it won't be cheap with an extremely minimal chance of success!
i was just reading online about the new law that came out, it says that if your in the ICT sector then you can actully own 100% of the company is that true?
I work for a British managed company that specializes in partnering with companies coming to Qatar. The most common form of business setup in Qatar is a Limited Liability Company. To incorporate that company you'll require;
- Share capital of a Qrs200,000.
- Your Qatari partner must have at least 51% ownership.
- The profit share of the partners does not have to match the shareholding of the partners.
Our company is in a position to act as your local partner. This is the basics, if you'd like to know more, please feel free to PM me for more information.
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sorry its muss24@hotmailcom
me and my friend are looking froward to start bussiness
here in doha...so we can be ur partners..if ur intersting plz email me..
[email protected]
Ok, the answer to that is, yes and no! It's true this 'law' was announced about 18 months ago. As with many things here, in reality it's not quite as straight forward as it would seem. Yes, theoretically an IT company can be under 100% foreign ownership, however, in practice it seems most of the companies involved are large international companies who have been 'invited' to come to Qatar by HRH.
It's an expensive route to take, and frankly there's little chance of approval. We would be happy to go down this road on your behalf and make the application, though it won't be cheap with an extremely minimal chance of success!
Any other info, let me know.
thanks for the info.
i was just reading online about the new law that came out, it says that if your in the ICT sector then you can actully own 100% of the company is that true?
Regards,
Hi AJ,
I work for a British managed company that specializes in partnering with companies coming to Qatar. The most common form of business setup in Qatar is a Limited Liability Company. To incorporate that company you'll require;
- Share capital of a Qrs200,000.
- Your Qatari partner must have at least 51% ownership.
- The profit share of the partners does not have to match the shareholding of the partners.
Our company is in a position to act as your local partner. This is the basics, if you'd like to know more, please feel free to PM me for more information.
Best regards, James
and also, what is the min investment capital i need to start up a company in Qatar?