For companies wanting to establish a commercial presence in Qatar there are different structural options, with the most common being the LLC (Limited Liability Company), where one or more national partners is required.
The Qatari Companies law does not recognise the ‘offshore’ company structure, however it recognises the following company types:
- Simple Partnership Company
- Joint Partnership Company
- Joint Venture Company
- Public Share Company
- Limited Share Partnership Company
- Limited Liability Company
Qatar Science and Technology Park
Founded in 2004, Qatar Science and Technology Park (QSTP) became a home for international technology companies in Qatar, and an incubator of start-up technology businesses. It provides office and lab space to tenant companies as well as professional services and support programs.
Benefits such as 100% ownership and tax exemption are exactly what make QSTP an attractive hub for technology start-ups and international technology companies.
Qatar Financial Centre
Alternatively, you can establish your business in Qatar Financial Centre (QFC), where you will enjoy 100% ownership of your business, and benefit from the legal and business infrastructure for financial services provided by QFC.
TMF provides tailored reviews and makes recommendations to suit your needs in line with your resources and your requirements. We will take care of legislative paperwork such as licensing, registration, rent and employment visas.
How TMF Group can help
Certain jurisdictions require a comprehensive business plan and TMF can support you with this, in line with the local requirements.
For incorporations under the Ministry of Economy and Commerce, a local service agent or local sponsor is mandatory, with an annual service fee depending on the selected local service agent or sponsor. TMF group can endorse a local service agent, or sponsor.
We can assist you in opening a bank account if required and handle all the necessary paperwork and forms.
Once your company is licensed and registered; TMF has a team of in-house experts, specialising in services such as:
- PRO, Visa and HR Services
- Full Accounting and Finance services
- Payroll services
- Legal Support
- Manager Changes
- Dividend Payments
- Employment Contracts