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Start A Business In The Qatar
Assistance in company setup
Types of company in Qatar
According to Commercial Companies Law N.5 (2002), a company must have its headquarters in Qatar. Generally, the following types of companies can operate in Qatar:
- Joint Company
- Equities Partnership Company
- Limited Partnership Company
- Limited Liability Company
- Shareholding Company
- Particular Partnership Company
- Freelancer or self-employed
Most popular company in Qatar
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Limited Liability Company Formation In Qatar
Legal Procedure Of Setting Up An LLC In Qatar
- Draft the Articles of Association (AOA) of the company
- Submit a request for Company Registration of a new company
- Choose a Trade Name that needs to be authorized by the Commercial Registration Officer
- Obtain the authenticated MOA by the Ministry of Justice
- Make a deposit of QR 20,000 at the bank
- Obtain a permission to commence a commercial activity from the authority
- Subscription is to be made at the Chamber of Commerce and Industry
- Obtain the Commercial Registration and License
Document require to setup company in qatar
The below documents are required to incorporate business depending upon the type of corporate structuring.
If the shareholder is a Body Corporate incorporated outside Qatar:
- Certificate of Incorporation.
- Certificate proving good standing of the Company (if available).
- Memorandum / Articles of Association.
- KYC Form of the Company.
If the shareholder is a Body Corporate incorporated in Qatar:
- Commercial Registration issued by the Ministry of Economy & Commerce.
- Valid Trade License issued by Ministry of Economy & Commerce.
- Articles of Association of the Company.
- Copy of a valid Establishment Card.
- KYC Form of the Company.
Steps and timelines
1. Draft the Memorandum of Association (MOA) or Articles of Association – this document is crucial as it outlines the relevant details of the company and its objectives and is usually done with the help of a legal advisor. This will be presented like a business plan study.
2. Company Name Reservation – This is done in compliance with the rules of the country. The reservation of the name is typically done through the Ministry of Economy and Commerce.
3. The MOA/AOA is then to be attested by the relevant authority under the Ministry of Justice.
4. Only once the MOA / AOA is verified, that the trade license and tax certificate can be applied.
5. For all Mainland Companies, it is mandatory to have an address of a commercial office space against its name.
6. Once the trade license is obtained, the company can apply for a computer card or an establishment card from the ministry of interior. This is a crucial step while trying to register a company in Qatar.
7. Get (Tax Identification Number) TIN registered with the Public Revenue and Tax Authority
8. Get the Company Seal