Qatar Company Formation

Doha

Qatar is a sovereign Arab state located on the Qatar Peninsula on the north-easterly coast of the Arabian Peninsula. It’s only bordering country is Saudi Arabia to the south, with the rest of the country surrounded by the Persian Gulf, which separates Qatar from the nearby island state of Bahrain. Doha is the capital, and the currency is the Riyal (QAR). The official language is Arabic, although English is commonly used in business. Qatar boasts the second highest per capita income in the world, and the economy mainly revolves around the export of oil and natural gas which account for a large portion of the GDP.

• TYPE OF COMPANY: Limited Liability Company 
• COMPANY LAW: Law 13 of 2000 and Law 1 of 2010 
• SUFFIX TO DENOTE LIMITED LIABILITY: WLL 
• DIRECTORS: Minimum of One – we can provide 
• SHAREHOLDERS: Minimum of two – we can provide
• CLASSES OF SHARE: Registered 
• CAPITAL REQUIREMENTS: Minimum paid up share capital of 200,000 QAR 
• OWNERSHIP: 100% Foreign ownership allowed in some sectors
• TIME TO INCORPORATE: Two weeks
• REGISTERED OFFICE: Required in Qatar – we can provide 
• ANNUAL RETURN: Yes
• ACCOUNTS: Yes, audited if profits exceed 100,000 QAR
• DISCLOSURE: Yes
• TAXATION: 10%
• DOUBLE TAXATION TREATIES: 21
• LANGUAGE OF DOCUMENTATION: Arabic with certified English translation

If you would like further information on setting up a company in Qatar or the formation of a Qatar company or other Qatar corporate entities or require professional advice relating to taxation or the structuring and requirements of a Qatar company, please contact us. We can also provide advice on establishing a subsidiary, joint venture or foreign company to carry on business in Qatar. We can provide a wide range of support and administration services, bank introductions, nominee directors, nominee shareholders, virtual offices, accountancy and legal services. We can also advise on compliance with all the regulatory and statutory requirements.