Starting a new company in Qatar involves several steps, and it’s important to understand the legal and regulatory requirements.
Choose a Business Structure:
- Decide on the type of business entity you want to establish, such as a limited liability company (LLC), branch office, or representative office. The most common choice for foreign investors is an LLC.
- Select a Business Activity:
- Specify the nature of your business activities and make sure they comply with Qatar’s laws and regulations. Some activities may require special licenses or approvals.
- Trade Name Reservation:
- Choose a unique and acceptable trade name for your company. You can check the availability of the name and reserve it with the Ministry of Commerce and Industry (MOCI).
- Draft Articles of Association:
- Prepare the Articles of Association for your company. This document outlines the rules governing the internal management of the company and should comply with Qatari regulations.
- Obtain Necessary Approvals:
- Depending on your business type and activities, you may need to obtain approvals from relevant authorities such as the Qatar Financial Centre (QFC) or other sector-specific regulators.
- Capital Requirements:
- Determine the minimum capital requirements for your business. The amount may vary based on the type of business and its activities.
- Open a Corporate Bank Account:
- Once you have the necessary approvals, you can open a corporate bank account in Qatar. You may need to provide documentation, including your company registration certificate.
- Register with the Ministry of Commerce and Industry (MOCI):
- Submit your company registration application to the MOCI. This process involves submitting required documents, including the Articles of Association and other approvals.
- Obtain Commercial Registration:
- After approval from the MOCI, you will receive a commercial registration certificate. This certificate officially registers your company for business activities in Qatar.
- Obtain Tax Registration:
- Register your company for taxation with the General Tax Authority (GTA) in Qatar.
- Visa and Labor Approvals:
- If you plan to employ staff, you’ll need to obtain necessary visas and labor approvals from the Ministry of Administrative Development, Labor, and Social Affairs.
- Finalize Other Permits and Licenses:
- Depending on your business activities, you may need additional permits or licenses from specific regulatory authorities.
To Apply new company: https://investor.sw.gov.qa/
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