Doing business in Qatar
How quickly can I set up a business?
1 week to 3 weeks
What is the minimum investment needed?
No Minimum investment criteria. Investment depends on the nature of business activities.
How can I raise finance?
The government can offer support on certain projects.
What are the legal requirements for setting up my business?
A company can be set up in different formats eg. LLC/LLP/QSC/QPSC/Branch/ Representative Office.
MOCI companies need a Qatari partner, except for specially approved Companies. 100% ownership is allowed in QFC,QFZ and QSTP.
What structure should I consider?
The easiest option is to start company in MOCI. International financial and related companies prefers QFC, and QFZTechnology companies prefers QSTP.
What advice can you give me in regards to payroll and taxation requirements?
WPS is mandatory on salary payment. 10% Tax is payable on net income.
GTA registration is mandatory within 60 days from company registration.
Annual audit and tax return filing is mandatory every year.
Transfer Pricing / CBCR reporting is applicable.
Our firms in Qatar
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Latest news
Kreston Global announces new Saudi Arabia firm, Kreston NBB Saudi
Kreston Global has welcomed a new member firm, Saudi Arabia-based Nefel Barrak Beneyyah (NBB).
NBB offers a wide range of services in different fields for all types of entities and corporations, which includes audit and assurance services, financial advisory services, consulting services, accounting services, internal audit, forensic accounting services and tax and zakat advisory.
Crackdown on digital art
Surander Jesrani of UAE member firm Kreston Menon (MMJS Consulting) writes about international regulator moves to crack down on digital art assets in Accounting and Business news.
Kreston Global reports strong growth to retain 13th place in 2022 IAB worldwide network ranking tables
Kreston Global’s Network ranking has just been published by the International Accounting Bulletin, and remains at 13th in the World, thanks to worldwide revenues of $2.6bn, an 8% increase on last year’s figures of $2.4bn.
