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Company Registration in Qatar
COMPANY
REGISTRATION IN
QATAR
By- Harshit Sharma
TYPES OF COMPANIES IN QATAR
•Partnership Company
•Limited Liability Company
•Limited Share Partnership Company
•Holding Company
•Limited Partnership Company
•Particular Partnership Company
•Shareholding Company
FEATURES OF LIMITED LIABILITY COMPANY
The required minimum share capital of an LLC is 200,000 QR.
To obtain a trade license, a suitable office space is required for
at least one year.
Unless an exemption has been granted, a Qatari resident must
hold 51% of the shares in the company.
Until the legal reserve of the company stands at 50% of the
share capital, 10% of every year’s net profits are to be kept
within the company.
PROCESS OF REGISTRATION OF COMPANY IN QATAR
Company Name
Search
Opening a Bank Account
Articles of
Association Submitting
Additional
Registration with Documents
Qatar Chamber of
Commerce Company
Seal and
Stamp
Trade License
STEP-1: COMPANY NAME SEARCH
The availability and booking of a trade name can be done through the Qatar
government website- www.moci.gov.qa.
STEP-2: OPENING A BANK ACCOUNT
The second step of establishing a
company in Qatar is to open a bank
account. To set up a foreign-owned
business, you must obtain a letter
from the Ministry of Commerce and
Industry. The letter will be addressing
the permission of opening a bank
account in Qatar. The account will be
activated as soon as the amount
corresponding to the capital of the
company is deposited. It takes
around 1 to 2 business class days to
activate your bank account.
STEP-3: ARTICLES OF ASSOCIATION
AOA should include the
following details
Names,
Restriction nationalitie Methods of
Include the Include Share s on the
s and place distribution The names
address of terms and capital and transfer of
of
company’s description shares residence
of losses of the
purpose of of and profits people who headquart company. of actions (only for ers. in kind. companies shareholde
between run the
). rs (only for
the business.
companies partners.
).
STEP-4: SUBMITTING ADDITIONAL DOCUMENTS
Depending on the type of business you
may need some additional documents to
incorporate a business legally. In this
situation, the company will have to
provide provisional documents. This is
largely in the case of commercial activities
in which the company may need to obtain
a specific business license for a given
business. For example, if foreign
investment is made in the industrial
sector, a license is required for the
industrial project. However, the necessary
license can be requested from the Ministry
of Energy and Industry.
STEP-5: REGISTRATION WITH THE QATAR CHAMBER
OF COMMERCE
STEP-6: COMPANY STAMP & SEAL
It is another vital part of registering a
company in Qatar is to guarantee that the
foreign entity has its organization stamp
arranged. The government authority will
not provide the seal; private companies
need to manufacture their seal. The MBT
will check if the foreign company has its
organization stamp prepared or not. It
doesn’t cost more than 100 QR to make a
company seal/stamp.
STEP-7: TRADE
LICENSE
OTHER REQUIREMENTS AND DOCUMENTS
Commercial
Resident
(CR) Computer
Card
Commercial Resident (CR)
COMPUTER CARD
In order to hire an employee and issue
them with the resident permit, you need
to obtain a computer card. Here the
immigration department is responsible
for issuing the commuter card. For
applying for the computer card, you are
required to have an official company
stamp, that will be used for all paper
works. You need to go to the printing
agent with your ID, CR, and Trade license
copy to make your company stamps. It
just takes a day to make a company
stamp. Finally, you need to visit the
regional Immigration and Passport office
to apply for the computer card.
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