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
If you find yourself perplexed by Qatar’s legal intricacies, the country’s regulations, or the nuances of conducting business, obtaining a Company Classification Certificate, Helpline Group is your trusted resource. From the initial document submission to the final acquisition of the classification certificate, we provide meticulous and expert assistance every step of the way, ensuring your complete peace of mind.
Helpline Group – Your Authorized Classification Certificate Service Provider in Qatar
Navigating the intricacies of obtaining a Classification Certificate in Qatar can be quite challenging, especially for those new to the process. It begins with a formal request to the Ministry of Finance, which then issues an application number. Following the completion of all necessary procedures, the Ministry ultimately grants the coveted Company Classification Certificate in Qatar.
With over 25 years of dedicated service, Helpline Group ensures the right service, at the right time, for the right individuals. Holding a Classification Certificate in Qatar guarantees justice, equal opportunity, competition freedom, transparency, and value for your investment, all endorsed by the government. We stand right at your doorstep, handling all the essential steps efficiently to ensure your Classification Certificate is obtained promptly. As a trusted and authorized service provider in Qatar, we deliver top-quality services at a highly competitive rate..