Want to set up a firm in Qatar? We can assist you in starting a business or in buying a shelf company in Qatar with a full package of necessary documents, legal advice and follow-up support. Incorporation of a firm in Qatar includes provision of a registered office (for at least 1 year in any of our service plans), an apostilled set of constitutional documents, secretarial services and assistance with compliance fee and pre-approval for opening an account in banks of Qatar. The total price of company formation in Qatar includes all necessary fees and charges for the first year of operation, as well as full one-year nominee service (package Optimum).
The legal system of Qatar is based on Muslim law. Sharia is the main and fundamental source of legislation.
Many branches of legislation, however, are of quiet secular nature and follow principles of civil law.
Legislation of Qatar (Article 4, Commercial Companies Law) provides for the establishment of the following legal forms of local companies:
A Limited liability company (LLC) must have between 2 and 50 shareholders, each of whom is liable only to the extent of his / her share in the capital of the company.
The most common structure among foreigners is Limited Liability Company (LLC).
Types of activities in which 100% foreign participation is possible:
A local LLC company is not allowed to conduct banking or insurance activities, real estate agency activities, as well as investment fund activities or activities related to the investment of funds of third parties in its own name or as an agent - such activities are available only for companies with 100% participation of Qatari citizens.
Local companies are prohibited from doing business with Israel or Israeli businesses.
In addition, certain activities require additional authorisations from the relevant regulatory authorities (e.g. engineering services, as well as tourism services).
Industrial activities require a licence from the Ministry of Energy and Industry to establishment of an industrial project.
Registration of a new company in the register takes at least 2-3 weeks, and this period may be extended due to the necessity to obtain additional permissions to conduct proposed activity.
A limited liability company must have a name derived from its objective or from the name of one or more of its founders.
The name should not be misleading as to the company's activities or the identity of the founders.
Registration of companies is handled by the Ministry of Commerce and Industry.
1. First of all, it is necessary to determine:
Some types of activities require special authorisations from various governmental bodies (federal and local).
2. Pay for the services.
3. It is necessary to submit documents on managers / shareholders / participants / attorneys (in originals or notarised copies):
Shareholders should additionally provide:
4. Reserve the LLC name.
In order to reserve the name, it is necessary to apply to the Commercial Registration and Licenses Department and Intellectual Property Rights Protection Department under the Ministry of Commerce and Industry of Qatar. There the availability of the name is checked and it is reserved.
Reservation takes 1-2 days.
5. Open a temporary bank account with any accredited Qatari bank in Doha.
It is important to obtain a letter from the Ministry of Commerce and Industry authorising the opening of a bank account in Qatar and providing a copy of the shareholder's ID card.
The account will be activated as soon as an amount corresponding to the authorised share capital is deposited. the amount corresponding to the authorised capital of the company. Activation of the bank account takes 1-2 days.
6. Obtain additional authorisations from the competent relevant regulatory authorities (for certain activities).
7. Approve the draft Articles of Association at the Authentication Department of the Ministry of Justice, as well as at the Companies Affairs Department of the Ministry of Commerce and Industry.
After that, the signatures of authorised persons on the documents shall be certified by a notary of the Ministry of Justice. The procedure takes place in the presence of of the shareholders of the company who sign the Articles of Association.
8. Register with the Commercial Directory and Qatar Chamber of Commerce and Industry.
The application signed by the local shareholder must be accompanied by the Articles of Association of the company, as well as documents, confirming the distribution of shares and their payment, confirmation that the Articles of Association have been approved by the Ministry of Commerce and Industry.
A certificate of incorporation is not issued, but you can Company Registration (CR) (Extract).
9. Obtain a trade licence from the Ministry of Commerce and Industry.
In order to obtain a licence, a company needs proof of real presence in the country (rent of office or other premises).
9. Obtain a TIN from the Ministry of Finance.
Companies must have a registered office in Qatar. Copies of corporate documents of the company, and some other documents must be stored at the address of that registered office.
Legislation of Qatar does not have requirements regarding the existence, form and content of the seal.
Redomiciliation of companies from or to Qatar is not possible now.
Manager (director) of a company has all management powers, unless founding documents of the company determine their powers.
There are no statutory requirements for the citizenship and residency of the manager.
Managers may be selected from among the shareholders.
If a company has several managers, its founding documents may provide for the formation of a Board of directors and determine its proceedings.
Manager’s liability is analogous to that of members of the Board of directors of joint-stock companies.
A Limited liability company is a company consisting of two or more shareholders. At the same time, their number shall not exceed 50 persons.
A shareholder is liable only within the limits of his share in the Authorised Capital.
A foreign citizen may own only up to 49% of the company's shares, 51% must be owned by a citizen of Qatar.
The foreign ownership can be increased up to 100 per cent with the prior approval of the Minister of Commerce and Industry, according to the Law no. (1) of 2019 On Regulating Non-Qatari Capital Investment in the Economic Activity. This procedure takes 2-3 weeks from the time of application and only after approval can the company registration proceed.
A company must keep in its head office a register of shareholders that must contain
Managers of the company shall bear joint liability for this register and correctness of information contained therein.
Shareholders and all concerned persons have the right to view the register.
In April 2021, the Ministry of Commerce and Industry announced the enactment of legislation related to the Unified Economic Register and the necessity to disclose information on the ultimate beneficial owner (UBO) of a legal entity. The Ministry declared that now applicants who file an incorporation or renewal request are required to provide information on the beneficiaries of the relevant legal entity.
Companies must keep a register of their beneficiaries, regularly update all their data and inform the respective department of the Ministry of any changes in such data.
Beneficiary is identified based on the founding documents of the legal entity or agreements made in respect of that entity.
Beneficiary is defined as:
A register that must be kept by every entity includes the following information:
All forms of incorporation of legal entities must disclose information on their beneficiaries. The exceptions are:
The Ministry may impose sanctions on those who violate the set rules:
There is no minimum Authorised Capital requirement to register a Limited liability company in Qatar.
The amount of the Authorised Capital must be deposited with one of the approved local banks, after which the company can complete the incorporation procedure.
Price11 500 USD
including company registration services (name verification, collection, preparation and submission of documents for registration, selection of licenses, transfer of original corporate documents); communication with state authorities on all company matters; tracking changes in legislation, informing regarding changes and the need to adjust the company's activities / structure); postal services (collection / transfer of documents and other correspondence); company seal
Price10% of the rental cost (one-time)
Price9 800 USD
including communication with state authorities on all company matters; tracking changes in legislation, informing regarding changes and the need to adjust the company's activities/structure); tracking deadlines and making payments for company renewal and office lease agreement; postal services (collection/transfer of documents and other correspondence)
Price4 200 USD
DHL or TNT, at cost of a Courier Service
Paid-up “nominee director” set includes the following documents
Paid-up “nominee shareholder” set includes the following documents
Compliance fee is payable in the cases of: incorporation and renewal of a company, liquidation of a company, transfer out of a company, issue of a power of attorney to a new attorney, change of director / shareholder / BO (except the change to a nominee director / shareholder), signing of documents
simple company structure with only 1 physical person
additional compliance fee for legal entity in structure under GSL administration (per 1 entity)
additional compliance fee for legal entity in structure NOT under GSL administration (per 1 entity)