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Invest in Qatar

03 Sep, 2020
Topic: Business and Finance
Intended Audience
Visitor: Student, Tourist, Business Owner
Citizen: Parent, Business Owner, Employee
Resident: Parent, Employee

Invest in Qatar

Qatar offers businesses an opportunity to invest in a dynamic and potentially rewarding economy at the hub of Middle Eastern and European trade. Gas constitutes Qatar’s priority for economic development although it is also the government’s policy to diversify the economy and that has led to numerous incentives to attract business, expertise and investment from outside the country.

Open for Business

Qatar assists foreign participation in joint ventures with the supply of technology, market administration and equity participation. The State also aids 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

Attractive incentives are available for joint ventures. These include:

  • 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.

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

If you are an investor and interested in exploring the opportunities of business in Qatar, contact the Ministry of Commerce and Industry for further information.

To check the latest reports and statistics on the trade sector, particularly the number of registered companies, the commercial licenses issued, and other data, please visit the website of the Ministry of Commerce and Industry.