This website stores cookies on your computer. These cookies are used to improve your website experience and provide more personalized services to you, both on this website and through other media. To find out more about the cookies we use, see our Privacy Policy. We won't track your information when you visit our site. But in order to comply with your preferences, we'll have to use just one tiny cookie so that you're not asked to make this choice again.

Investing in Qatar!!!

At the hub of middle eastern and european trade, Qatar offers an opportunity to invest in potentially rewarding economy. To attract business, expertise and investment from outside Qatar,  government offers attractive incentives. 

Business in Qatar: 

Qatar assists foreign participation in joint ventures with the supply of technology, market administration and equity participation. Qatar also provides businesses with rapid access to leading markets and suppliers, especially in the following fields:

  • Tourism.
  • Agriculture.
  • Manufacturing.
  • Health.
  • Education.
  • Development and exploitation of natural resources.
  • Consultancy services.
  • Information technology (IT).
  • Other services related to sports, culture, entertainment and distribution.

 

Business Incentives:

For joint ventures, attracive incentives are available. This includes:

  • Part ownership in Qatar Shareholding Companies.
  • Ownership of certain resort properties and residential units.
  • Investment in banking and insurance sectors.
  • No customs duties on imports of machinery, equipment and spare parts.
  • Liberal immigration and employment rules to aid the import of skilled and unskilled labor.
  • No export duties or taxes on corporate profits for pre-determined periods.
  • Exemption from income tax for 10 years and no quantitative quotas on imports.
  • Qatar is keen to promote projects involving the transfer of foreign expertise and technology. The new Science and Technology Park creates a home for technology-based companies from around the world.

Expat investors also enjoy easy access to world markets with first-class air and sea connections and excellent telecommunications facilities.

Labor Complaint: 

Qatari labour law guarantees rights and payments of labors. Employees, working in different companies and institutions in Qatar can submit labor complaint at the Ministry of Administrative Development, Labor and Social Affairs (MADLSA) in case of any dispute between Employees and their employer.

Procedure: 

Fill the complaint form and submit to Labor Relations Department at Ministry of Administrative Development, Labor and Social Affairs.

Source: gov

Share This Post

related posts

On Top