Setting up a business in Qatar can be a complex and challenging process, requiring legal, financial, and administrative requirements. If you want to know how to set up a business in Qatar, read on to know this page and how the Helpline Group can assist you.
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How do you begin business setup in Qatar?
The first step to set up a business in Qatar is to decide on the legal structure of your company. There are different types of business entities that you can choose from, depending on your business activity, ownership, and capital. Some of the common legal structures are:
- Joint Company: Formed by partners who share profits and losses based on their contribution, with at least 51% owned by Qatari nationals.
- Equities Partnership Company: Partners contribute capital in cash or in kind, with at least one Qatari partner owning 51% of the capital.
- Limited Partnership Company: Formed by general partners who manage the company and limited partners who contribute capital, with at least one Qatari general partner owning 51% of the capital.
- Limited Liability Company: Partners contribute capital and are liable only to the extent of their shares, with at least one Qatari partner owning 51% of the capital.
- Shareholding Company: Shareholders contribute capital divided into shares, with at least 51% owned by Qatari nationals.
- Particular Partnership Company: Partners conduct a specific project or activity under a common name, with liability based on their agreement.
- Freelancer or Self-employed: Individuals providing professional services without company affiliation, requiring a license and registration with relevant authorities.
After choosing the legal structure, you need to register your company name, obtain a commercial registration certificate, apply for a trade license, open a bank account, obtain a tax identification number, and hire employees.
Benefits of starting a business in Qatar
The first step to set up a business in Qatar is to decide on the legal structure of your company. There are different types of business entities that you can choose from, depending on your business activity, ownership, and capital. Some of the common legal structures are:
- Joint Company: Formed by partners who share profits and losses based on their contribution, with at least 51% owned by Qatari nationals.
- Equities Partnership Company: Partners contribute capital in cash or in kind, with at least one Qatari partner owning 51% of the capital.
- Limited Partnership Company: Formed by general partners who manage the company and limited partners who contribute capital, with at least one Qatari general partner owning 51% of the capital.
- Limited Liability Company: Partners contribute capital and are liable only to the extent of their shares, with at least one Qatari partner owning 51% of the capital.
- Shareholding Company: Shareholders contribute capital divided into shares, with at least 51% owned by Qatari nationals.
- Particular Partnership Company: Partners conduct a specific project or activity under a common name, with liability based on their agreement.
- Freelancer or Self-employed: Individuals providing professional services without company affiliation, requiring a license and registration with relevant authorities.
After choosing the legal structure, you need to register your company name, obtain a commercial registration certificate, apply for a trade license, open a bank account, obtain a tax identification number, and hire employees.
Different types of businesses you can start in Qatar
Qatar offers a wide range of business opportunities for different sectors and industries such as energy, construction, tourism, education, healthcare, etc.
What are the requirements to set up a business in Qatar?
- Choose a unique and suitable company name and check the availability
- Obtain a commercial registration certificate from the Ministry of Commerce and Industry
- Obtain a trade license from the relevant authority
- Open a bank account for your company
- Obtain a tax identification number from the General Tax Authority
- Hire employees and obtain necessary permits and registrations
What are the documents you need to start a business in Qatar?
- Company name reservation certificate
- Articles of association
- Shareholders’ agreement
- Passport copies of partners/shareholders/managers
- Commercial registration certificate
- Trade license
- Lease agreement or ownership certificate of premises
- Approval from other authorities if applicable
- Bank account statement
- Tax identification number
- Computer card
- Employees’ visas and work permits
How can Helpline Group assist you in business setup in Qatar?
If you are looking for a reliable and professional partner to help you with business setup in Qatar, you can trust Helpline Group. Helpline Group is an international consultancy that provides comprehensive solutions for company formation, registration, and incorporation in Qatar. We have been in the industry for more than 25 years of experience and can help you set up your business in Qatar. Helpline Group has helped over 3500 national and international companies to start and grow their businesses in Qatar.