Business in Qatar. Entering the Qatari Market
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Save your business tens of thousands of dollars
when entering Qatar
Save your business tens of thousands of dollars
when entering Qatar
General information
Population
2 688 000 people Official language
Arabic Main religion
Islam Currency
Qatari Riyal (QAR) Time zone
UTC+3 Economy of Qatar
GDP per capita
66 838 USD Economic growth
3,1% Unemployment
0,1% Inflation
2,3% Investment inflow
-1 billion USD Business in Qatar
Popular type of legal entity
Limited liability company (LLC) Minimum number of shareholders
2 Company registration period
1-2 weeks Minimum share capital
200 000 QAR (around 55 000 USD) Restrictions for foreigners on starting a business
Yes. The company must have a local partner who owns at least 51% of the company’s shares A local director is required?
Yes Corporate tax
0% VAT
5% Advantages and disadvantages
Advantages
strategic location, political stability and security, stable economy, favorable tax policy, well-developed infrastructure, government support, and diversification efforts Disadvantages
high cost of living, limited workforce diversity, complex regulatory environment, dependence on the oil and gas industry, cultural differences and language barriers, extreme weather conditions