{"id":6996,"date":"2024-12-09T11:41:33","date_gmt":"2024-12-09T07:41:33","guid":{"rendered":"https:\/\/temp-qa.bqdemo.in\/?p=6996"},"modified":"2024-12-09T11:42:12","modified_gmt":"2024-12-09T07:42:12","slug":"start-business-qatar","status":"publish","type":"post","link":"https:\/\/temp-qa.bqdemo.in\/ar\/start-business-qatar\/","title":{"rendered":"An Expert\u2019s Step-by-Step Guide to Starting Your Business in Qatar"},"content":{"rendered":"
Did you know that Qatar ranked 5th globally in the 2023 National Entrepreneurship Context Index for the ease of running a business? Home to over 85 nationalities, the country has a booming business and cultural landscape. If you are tired of the 9 to 5 cycle, break the chain and start a business in Qatar.<\/span><\/p>\n Whether you are an expat or a local, starting a business is simple with our step-by-step guide. Scroll down to explore the breakdown of the process, documents and fees.<\/span><\/p>\n Here are some basic requirements to start a business in Qatar as an expat or local:<\/span><\/p>\n Did you know Qatar levies one of the lowest corporate taxes of <\/span>10%<\/b> in the world? This is an important reason for doing business here. But all that paperwork, documentation and licencing seem daunting. Here is a simplified breakdown of the process of starting a business in Qatar to guide you:<\/span><\/p>\n First things first! Starting a business requires an idea of what your main activity line would be. Having a clear idea helps you plan out goals and vision for your business. We recommend drafting a business plan with the help of an expert. Here are the things to consider:<\/span><\/p>\n According to Law of Companies No. (11) of 2015, businesses operating in Qatar follow some legal structures. Here are the legal structures in Qatar:<\/span><\/p>\n Mainland businesses are registered by the Ministry of Commerce and Industry (MOCI). Expats can own <\/span>49% <\/b>shares of the companies in mainland areas, subject to the approval of the Ministry of Commerce and Industry. While the other <\/span>51%<\/b> shares must be owned by a Qatari sponsor.<\/span><\/p>\n As per <\/span>Law No. 1 of 2019, 100% <\/b>foreign ownership is permitted in various sectors without needing a local sponsor. However, this depends on specific industries and MOCI approval.\u00a0<\/span><\/p>\n Moreover, free zones in Qatar allow <\/span>100%<\/b> foreign ownership in some designated areas, without a local sponsor. Here are some popular free zones in the state:<\/span><\/p>\n As an expat, you need to apply for a Qatar business visa. There are different <\/span>types of visas in Qatar<\/span><\/a> such as:<\/span><\/p>\n
<\/p>\nGeneral Eligibility Criteria For Starting a Business in Qatar<\/span><\/strong><\/h2>\n
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How to Start a Business in Qatar<\/strong><\/span><\/h2>\n
<\/p>\nStep 1 – Decide a Business Activity and Draft a Business Plan<\/strong><\/span><\/h3>\n
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Step 2 – Choose a Business Type<\/strong><\/span><\/h3>\n
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Step 3: Choose between Mainland vs Freezone<\/strong><\/span><\/h3>\n
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Step 4: Visa Application For Expats<\/strong><\/span><\/h3>\n
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