Qatar is a world economic powerhouse. It boasts the highest per capita GDP. Qatar has a lower corporate tax rate than other countries, at 10%. The tax is even exempt in some industries. These are a few primary reasons why most overseas investors want to establish themselves in the country. Let us now look at how to register a company in Qatar as a foreigner.
National Vision 2030, a development plan launched in 2008, initiated the country's economic diversity in non-oil sectors and oversaw numerous improvements in international investment policies and procedures. The country's rich economy, world-class infrastructure, and the lowest corporate tax rates make company formation in Qatar particularly appealing to foreign investors.Qatar
The Al Ula agreement, reached on January 5 at the 41st summit of the Gulf Cooperation Council (GCC), lifted the economic and diplomatic blockade imposed on Qatar by other GCC countries including Saudi Arabia, the United Arab Emirates (UAE), Bahrain, and Egypt, is also good news for international investors.
Local investors may submit a request to the Commercial Registration and Licenses Department at the Ministry of Commerce and Industry