QShield: Your Path to Prosperity
Set Up Your Company in Qatar
Qatar Business Setup Experts at Your Service
Welcome to QShield, your dedicated partner in making your business aspirations come to life in the thriving State of Qatar. With our expert guidance and seamless services, setting up your company in this dynamic market has never been easier.
We are your premier government relations service provider in Qatar. With extensive expertise and a deep understanding of Qatar’s regulatory landscape, we are dedicated to helping businesses navigate complexities and unlock growth opportunities.
Business structures in Qatar
LLC (Limited Liability Company)
WLL (With Limited Liability)
WLL is a business structure commonly used in Gulf Cooperation Council (GCC) countries, including Qatar. It is similar to an LLC and offers limited liability protection to its shareholders. WLL companies typically require a local Qatari partner or sponsor, who holds at least 51% of the shares. The foreign investor can own the remaining shares. This structure allows foreign investors to conduct business in Qatar with the support of a local partner.
A representative office
Branch company
It is a type of business structure where a foreign company establishes a presence in the country without creating a separate legal entity. Establishing a branch company in Qatar can be a suitable option for foreign companies looking to expand their presence in the country without creating a separate legal entity. However, it is essential to consider the local legal requirements, taxation, and compliance aspects before proceeding with this business structure. Consulting with local legal and business experts is recommended to navigate the establishment process and ensure compliance with all regulations.
Here’s an overview of branch companies in Qatar:
Types of Businesses In Qatar
Mainland
Free Zone
Steps to Setting Up a Company in Qatar
Opening a company in Qatar involves several steps and procedures. Here’s a general overview of the process:
- Business Idea and Market Research:
Begin by developing a clear business idea and conducting market research to assess the feasibility and potential demand for your product or service in Qatar. Understanding the local market will help you tailor your business plan accordingly.
- Legal Structure and Business Activity:
Choose the appropriate legal structure for your company. Options include a Limited Liability Company (LLC), Branch of a Foreign Company, or a Representative Office. Determine the primary business activity your company will engage in, as this will affect your licensing requirements.
- Company Name Reservation:
Select a unique and appropriate name for your company and submit it to the Ministry of Commerce and Industry (MOCI) for name reservation. This step ensures that your desired name is available and can be used for your business.
- Shareholders Agreement:
If your company will have multiple shareholders, draft a shareholders’ agreement outlining the rights and responsibilities of each shareholder.
- Memorandum of Association (MOA):
Prepare the Memorandum of Association, which defines the company’s objectives, activities, and the shareholders’ roles. This document needs to be notarized and approved by the MOCI.
- Local Sponsorship:
If setting up an LLC, you will need a local Qatari sponsor who will hold 51% of the company’s shares. The sponsor can be an individual or a company.
- Trade License Application:
Submit the required documents, including the MOA, lease agreement for the company’s premises, and other relevant paperwork, to the MOCI to apply for a trade license.
- Registration with Commercial Registry:
Register your company with the Commercial Registry at the MOCI to obtain your official registration certificate.
- Obtaining Commercial Registration:
After obtaining the trade license and registration certificate, apply for Commercial Registration with the Ministry of Finance. This step is necessary for tax purposes.
- Municipality Approval and Labor Department Registration:
Obtain approvals from the Municipality for the company’s physical location, and register your company with the Labor Department to comply with labor regulations.
- Chamber of Commerce Registration:
Register your company with the Qatar Chamber of Commerce and Industry to become a member.
- VAT Registration (if applicable):
If your company’s annual turnover exceeds the threshold for Value Added Tax (VAT) registration, apply for a VAT registration number.