BUSINESS SETUP SERVICES - UAE, SAUDI ARABIA, INDIA |
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| About Qatar |
Qatar is the wealthiest country in the world in per capita terms with substantial
oil and gas reserves, an excellent infrastructure system and free market economic
policies. As a member of the World Trade Organization (WTO) and other
international financial bodies, Qatar offers investors a mature and sophisticated
banking environment. Qatar's economy has been growing by around 10% per
year in recent years. The Foreign Investment Law No.13 of 2000 and Law No.1
of 2010 has also played an important role in stimulating economic growth. The
law permitted up to 100% foreign ownership for the first time in the sectors of
agriculture, manufacturing, health, education, and tourism. It also offers investors
a number of substantial incentives, including the freedom to repatriate all profits to
the investor’s country of origin. |
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On the 1st of Feb 2010, Law Number 1 of 2010 was issued amending some key provisions of Law No 13 of 2000 regulating the investment of non-Qatari capital in key economic sectors. Law 1 of 2010 allows foreign investors to have up to 100 percent ownership in businesses such as consultancy services, information
technology (IT), services related to sports, culture and entertainment as well as distribution services. Qatar offers the business sector all the advantages of a highly developed economy, the infrastructure and services match the highest international standards, facilitating efficiency, quality and service. |
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| Key Benefits |
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No income tax or social security deductions payable on wages and salaries.
No taxation is payable on exports and customs duties start at just 5%.
Foreign investors are permitted full repatriation of capital and profits overseas in foreign currency.
Corporate tax on foreign companies is 10% (as of 1 Jan 2010). |
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| Business Environment |
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Qatar government‘s economic development strategy has been very successful and
the investment incentives, infrastructure, banking services, insurances and political
and social stability are contributing factors in creating an excellent business climate
for business start-ups. |
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For companies wanting to establish their commercial presence in Qatar there are
a few structural options with the most common being the WLL (With Limited
Liability Company) in which case the entity must have one or more national
partners whose share in the company capital must not be less than 51%. Here must
be noted that the parties' profit share do not necessarily have to reflect their equity
stake. Therefore, foreign investors wishing to establish business operations in Qatar
engaged in most of the commercial business activities must do so with a partner who
is a Qatari national.
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HELPLINE GROUP can help you setup your commercial presence in Qatar within
10 working days. Generally, all licenses are issued by Ministry of Business and
Trade. However, licenses for some categories of business require approval from
certain ministries and other authorities e.g.: |
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Industrial Companies : Must have approval from Ministry of Energy and Industry. |
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Law Office Companies : must have approval from Justice. |
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Education Institutions : Must have approval from the Ministry of Education. |
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Healthcare entities : Must have approval from the Ministry of Health. |
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Tourism Companies : Must have approval from Qatar Tourism Authority. |
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Engineering Consultancy Office : Must have approval from Ministry of Agriculture. |
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| Helpline Group services |
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Qatar is one of the fastest booming markets in the Middle East. Helpline Group
of companies is a leading business group in Qatar. Our vision is to assist foreign
companies who wish to establish their businesses activities in Qatar. We provides
instant professional services for the company formation and government liaison
services by offering the Business set up packages to save your time, energy and
expenses. We have an excellent understanding of the local economy, laws and
procedures, which enables us to provide full assistance throughout every step of the
company formation process and helping them with their plans and being available
to help and solve simple as well as complex problems. |
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We provide guaranteed local sponsor, assist in getting approval from various
departments, Licenses,Muncipality, Immigration, assists in getting Visa and PRO
services, Real estate services, Hiring the supporting staff, installing equipment
or negotiating a lease that fits your plan, a place to store your goods and look for
dynamic people to promote and to market your products. Thus, we bring you out of
the hassles of starting a new business. |
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| Business Consultancy |
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A to Z assistance to setup all kinds of business activities in QATAR
Assisting in setting up Trade / Professional / WLL / Industrial License. |
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Branch office / Foreign Company Representative office setup. |
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Real Estate Services ( Rental offices, Ware houses,flats, Villas)
Side agreement with local sponsor – For the security of investment, we
arrange for side agreement by the Investor with the Sponsors. |
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Assist in establishing sole Proprietorship for G.C.C Nationals. |
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Joint Ventures/ Investment in Business. |
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Quick approvals will be obtained from all Ministries and Govt. Departments. |
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Attestation of Documents in various departments |
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Arrange Consultation with Lawyer and Auditor wherever required. |
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Buying / Selling existing business. |
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Assist in converting licenses to W.L.L. category. |
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Feasibility Study / Project Report to start a new company, for Industrial
License or to be presented to the Bank for loan or Investment. |
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Arrange Tourist visas, Business visas and hotel accommodation for
businessmen. |
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| P R O Services |
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Helpline Group provides PRO Services on an annualized basis or on a project basis
for the companies. We provide specialized service in labour, immigration, economic
and municipality, foreign affairs and various departments. By hiring our service,
companies can save their time, energy and money. We offer corporate rates for
yearly PRO service for companies. It is more cost effective compared to employing a
full time PRO. |
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Renewal of Trade License/New Registration
Renewal of Municipality License. |
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Tenancy contract/assistance for Business Site. |
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Processing documents in Labour / Immigration / Economic and other government departments. |
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Approvals from
Changing Trade Name/Adding or canceling activity/appointing Manager. |
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W.L.L. License - increasing Capital / withdrawal of Partners / Adding
Partners / Increasing Capital. |
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Attestation of Import, Export and company license documents. |
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Assistance for all government and semi government work. |
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Typing and Translation Services. |
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Foreign Affairs attestation Services. |
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| Legal structures for Business |
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The Qatari Laws stipulate a total local equity of not less than 51% in anycommercial company and defines seven categories of business organization, which
can be established in Qatar with the exception of those categories mentioned in Law
13 of 2000 and Law 1 of 2010. It sets out the requirements in terms of shareholders,
directors, minimum capital levels and incorporation procedures. The seven
categories of business organization defined by the Law are: |
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| Simple Partnership Company |
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It is the most basic form of commercial arrangement for two or more individuals
to associate for the purpose of having a commercial activity in Qatar. The partners
have unlimited liability and the trade name of the partnership company will reflect
the names of the partners. |
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| Joint Partnership Company |
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Is similar to a simple partnership company however, a joint partnership company
will have two classes of partners.
1- Joint Partners.
2- Trustee Partners. |
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| Joint Venture Company |
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It is an entity comprised of two or more persons that associate to carry out a
project. The joint venture company provided for in the law is an unincorporated
entity without legal personality |
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| Public Share Holding Company |
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The public shareholding company is also known as a joint stock company or
Qatari shareholding company. The law recognizes different variants of the public
shareholding company including:
1- Public shareholding company-open.
2- Private
or closed public shareholding company. |
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| Limited Share Partnership Company |
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| It is the most commonly used business entity in Qatar. |
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| Holding Companies |
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It is a holding company which must be a shareholding company or limited liability
company and which has financial and management control on the companies by
owning at least 51% of that company. The minimum capital should be 10 million
QR |