Classification Certificate in Qatar
According to the New Tenders and Auctions Regulation Law implemented on 13 June 2016 the Qatar government has introduced a classification process for all business transactions with the State of Qatar in the form of a Company Classification Certificate. Foreign as well as local companies bidding for government contracts has to register and get classified them into a contractor, service provider or supplier by the Government Procurement Regulatory Department (GPRD).
How to get a Company Classification Certificate in Qatar?
Companies are classified, evaluated and categorized according to their specialty through an online application process which act as an official channel between bidders and government agencies, companies and institutions. This brings a level of transparency and fairness to business competition putting them within the appropriate legal framework. All the information about the company, its owners, its financial status such as share capital and net assets, administrative and technical staff, type of equipment owned by the company and past and present projects in which the company was involved etc. must be submitted online. For foreign entities, the commercial registration certificate or articles of association must be attested by the Qatari embassy of the applicant’s home jurisdiction.
Key Changes to Procurement Law
The New Procurement Law is applicable to numerous government entities and promote greater efficiency in public procurement. Some key changes made in the new law are:
- Central Tenders Committee is abolished and the tendering process is decentralized
- Established Committees for Dispute Resolution for streamlining disputes over tenders
- Permitted the use of two-stage tendering
- Exempted SMEs from being required to provide performance bonds and payment guarantees
To know about the process of attaining a Company Classification Certificate if you are confused with Qatar law, Qatari rules and regulations that should be aware of when doing a business then contact us. In every step right from the document submission to the final attainment of the classification certificate we will serve you with utmost care.
Helpline Group – An Authorized Classification Certificate Service Provider in Qatar
Completion of all steps is a bit difficult for one who is new to these processes for Classification Certificate in Qatar. A message must be send to Ministry of Finance after which they will issue an application number. After completing the entire process they will issue the Company Classification Certificate in Qatar. With 25 years of excellent service, Helpline group provides the right service for the right person at the right time. With the Classification Certificate in Qatar, justice, equality of opportunity, freedom of competition, transparency and value for money is assured for you by the government. We are a door step away from you and does everything that is essential for you to procure your Classification Certificate on time. Being a trust worthy authorized service provider in Qatar we provide our quality services at a very competitive price.