- May 17, 2021
- Posted by: Ajmal
Do you know that all foreign companies and firms established in Qatar are owned by Qatar nationals? Whether or not its a single person or a corporation of Qataris as long as a certain company or firm’s shares must be owned by a Qatari not less than 51%?
No doubt Qatar is by far one of the most booming countries by virtue of its economy!
How does a foreign investor can successfully establish his dream of a business venture in Qatar?
To start with, one must comply the following documents accordingly:
- Commercial Residence – more commonly known as the CR.
- Trade License – refers to a legal office space under your CR.
- Computer Card – also known as Signature Card or Khaid Munshiah), which is used to issue Residence Permits (RP) for your employees.
Investors that are seeking for a commercial registration must be knowledgeable of the structural options or the business categories in Qatar: Sole Establishment , Sole Proprietorship Company, and Limited Liability Company (LLC Qatar) in which the latter is mostly applied for wherein the entity should have one or more Qatari national partner whose owns not less than 51% of the company shares.