What is the fee for a company registration in Qatar?
Qatar is a Middle Eastern country
located in the wester end of Asia. Known for its extremely wealthy population
and high standard of living, Qatar could be the perfect place for you to start
up your company. Some of the best reasons to choose Qatar as your country of
choice for your company registration are as follows:
- Qatar has a rapidly growing economy due to the abundance of natural fuel sources. As such, this provides a splendid opportunity for you company to grow alongside the economy.
- Highly technological cities, therefore communication for business will never pose a problem.
- Ranks top on the global human development scale
- Has one of the highest GDP per capita values
However, by far the best reason
to choose Qatar to register your company in is the fact that the government
encourages foreign investment. As such,
Qatar has a very low corporate tax rate, and in some cases, no corporate tax
imposed*. Moreover, Qatar allows you, as a foreign national to hold up to 49%
of your company. Furthermore, registrations are made simple and easy!
*This is in the case of
registering your company in a Free Zone, more on this topic will be explained
later in the article.
If you need any assistance with
the procedure for your company registration in Qatar, contact us! Here at
S&F Consultancy we are a business consultancy group who are also officially
registered agents in Qatar. Therefore, we are professionally qualified to help
you with all the proceedings required to smoothly setup your company in Qatar.
While the process towards
registering your company is simple enough, there are a few separate
registration fees you will have to pay during the process. Unlike other
countries, you will not be able to pay this as a lump sum at the beginning or
end of the registration process. For your ease of understanding, we have put
together this article detailing the different fees you will have to pay.
If you would like to see an in
-depth article about company formation in Qatar, you may do so here.
Otherwise, here are just the
steps needed in order to complete the process of company registration:
- Choosing your partner/s
- Selecting your company name
- Drafting your Articles of Incorporation
- Opening your Company bank account
- Submitting your articles of Association
- Designing and creating your company seal
- Obtaining your Trade License
It should be noted that if you
choose to register your company in a free zone area, you will not have to pay
some of these fees. You may wonder what a free zone is at this point. In Qatar a free zone is an area of land within the country’s borders that is
exempt from some of its laws. This means that companies that set up in free zones
can have 100% foreign ownership and are exempt from all taxes. However, this
comes with the price of having to restrict all your business activities to only
the area of the free zone. As such it would be best for you to first take a
step back. And evaluate whether your business would truly benefit from being in
a free zone or not.
Fees required to register a company in Qatar as a foreign national:
- Company Registration Fee- QAR 1500- 7500 (this fee depends on the type of company you have registered)
- Fee for approval from immigration- QAR 200
- Fee for selecting your company/trade name- QAR 1000
- Fee to acquire a trade license- QAR 520
- Fee for the approval of your Articles of Association- QAR 1500
- Fee for the issuance of your commercial residence- QAR 1500- 7000 (this fee depends on the type of company you have registered)
- Fee for the issuance of your municipality license- QAR 200
- Fee for your company seal- QAR 100
Once you have taken care of all
these fees and give in a receipt as a proof of payment, your company will be
incorporated within a few business days.
As such, if you have any doubts
or reservations regarding the entailing fees towards company registration in
Qatar, contact us. Our customer support team is online 24/7 and will be happy
to help you with whatever queries you may have.
Thanks for Sharing this information with us. Tax Consulting Services, Tax Audit Services, Our expert tax consultants provide complete Qatar Tax Law services more details contact us +974 70516516
ReplyDeleteYou are welcome!
ReplyDeletethanks for sharing info. For company formation service in UAE or GCC, i would recommend NR Doshi and Partners
ReplyDeleteThanks for sharing the reasons for company formation in Qatar and fees required to register a company in Qatar as a foreign national.
ReplyDeletecompany formation in Qatar