QATAR COMPANY FORMATION FROM CANADA - PowerPoint PPT Presentation

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QATAR COMPANY FORMATION FROM CANADA

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Are you looking for Company formation services in Qatar? Helpline Group Canada provides assistance for company formation in Qatar from Canada We also provide assistance for start a company in CANADA, KUWAIT, BAHRAIN, OMAN, SAUDI, and UAE. (SPONSORSHIP, SETUP ALL KIND OF BUSINESS TRADE, PROFESSIONAL, W.L.L LICENSE) FOR MORE INFORMATION Website: www.helplinegroup.ca Tel: +1 647 680-5884 Email: ca@helplinegroups.com – PowerPoint PPT presentation

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Title: QATAR COMPANY FORMATION FROM CANADA


1
Company Formation Services in Qatar
Call 1 (647) 680-5884
Mail us ca_at_helplinegroups.com
Website www.helplinegroup.ca
  • Helpline Group Canada

2
Our Agency Values
3
How do you start or form a company in a foreign
country? Learn various steps and requirements
involved with company formation in foreign
countries.
  • Choose the best company structure based on your
    requirements in Qatar
  • Set-up the business in your country of choice,
    as per your requirements in Qatar
  • Get your paperwork and documentation filled
    professionally with ease in Qatar
  • Manage taxation and licensing requirements in
    Qatar through Helpline Groups dedicated legal
    compliance mechanism

4
Company Formation Services in Qatar
  • One of the highest growing countries in the Gulf
    Region, Qatar has strong prospects when it comes
    to making business investments. Since Qatar has
    amended its policies to allow foreign owners and
    investors to have 100 investments in various
    sectors in the country, including agriculture,
    industry, health, education and tourism and so
    on, in addition to the exploitation of natural
    resources, Qatar now has strong prospects for the
    business.

However, forming an effective strategy is very
essential to set-up a business that follows these
guidelines and policies. Helpline Groups
dedicated company and business formation services
in Qatar are designed to assist you in these
needs. We can guide you through the social,
economic, and financial conditions and structures
existing in the market to help you make the best
decision possible. Since Qatar is moving ahead to
become a major global economy, it is the right
time to make business investments in the sector.
5
Company Formation Steps in Qatar
Finding A Partner
Business Set-Up
License Registration
Every business must have a Qatari partner to set
up a business in Qatar and obtain all necessary
licenses and permissions. Helpline Group can find
a suitable partner for your business in Qatar.
Regulations and requirements of law changes as
per the industry and business requirements in
Qatar. Helpline Group can help you understand
these changes and makes the best decision.
Licensing is a key part of getting a business
set-up and running in Qatar. Helpline Group can
help you choose the right licences from the
numerous options available in Qatar.
6
Legal Structures of the Company
  • The authority responsible for manning and
    governing all corporate affairs and activities
    are the Ministry of Business and Trade in Qatar.
    The Ministry of Business and Trade carefully
    evaluates all applications and requirements
    before resisting every company. As per the
    prevailing laws in Qatar, a foreign entity may
    take up any of the following company structures.
  • Limited Liability Company (LLC)
  • Foreign Company Branches
  • Commercial Agencies
  • Representative Trade Offices
  • General Partnership Company
  • Limited Share Partnership Company
  • Holding Company
  • Public Shareholding Company
  • Joint Venture

7
Legal Structures of the Company
Limited Liability Company Formation in Qatar
General Partnership Company
A general partnership company is formed in Qatar
to initiate commercial activities by setting up a
partnership business is Qatar. In a General
Partnership company, there are mandatory
requirements to have at least one general partner
and one limited partner. While the general
partner is responsible for the business
activities performed by the company, he shall be
liable to the business and its liabilities to the
full extent of his personal wealth. On the other
hand, a limited partner has limited liability to
the extent of his investments in the company. One
should pay attention to their business
requirements while setting up a general
partnerships company. Helpline groups services
are designed to support partners in making such
decisions.
One of the most popular models of company
structures in Qatar is a Limited Liability
Company or commonly referred to as LLC. An LLC is
a partnership between two or more persons.
Partners can be Qatari nationals as well. LLCs
are allowed to operate in all sectors, except for
the commercial agencies and real estate
businesses in Qatar.
8
Legal Structures of the Company
Limited Share Partnership Company
Holding Company
Public Shareholding Company
A limited share partnership company is formed
with at least one joint partner and at least four
trustee shareholding partners. This unique form
of partnership in Qatar is required to have a
mime share capital of 1 million Qatari Riyal
A holding company in Qatar is used for promoting
investment activities and controlling of
subsidiary businesses. A holding company can
invest in shares of other companies and engage in
managerial activities and functions of those
companies. However, there is a minimum capital
requirement of 10 Million QR for setting up
Holding Companies in Qatar
There are provisions of joint stock companies and
Qatari Shareholding Companies under the public
shareholding company provision in Qatar. In a
joint stock company, shares are divided into a
minimum of five shareholders. Speak to Helpline
Group for more information on the most
appropriate Joint Stock Company option in Qatar.
9
Legal Structures of the Company
Joint Venture
Representative Trade Offices
Commercial Agencies
Joint Ventures are companies formed between
partners or companies in Qatar. It is usually not
incorporated in Qatar as there are no mandatory
requirements for registering the business, which
means there is no legal personality or
recognition of such forms of businesses in the
country.
As per the decisions are taken by the Ministry of
Business and Trade (no. 142/2006), it is now
possible for foreign firms to open representative
offices in Qatar without needing to have a Qatari
partner. While it is required for representative
offices to have commercial registration and can
employ staffs for its activities, a
representative office can only operate as a shop
window for the parent company (foreign company)
in Qatar, carrying out the activities followed by
the parent company.
Foreign companies can also establish commercial
agencies in Qatar to establish agents that act as
an exclusive provider of services for the foreign
counterpart, or as an exclusive seller of the
products and services produced by the foreign
company.
10
Legal Structures of the Company
Branches
It is now possible for foreign companies to
establish branch offices in Qatar if the company
has a contract for carrying out activities
related to performing a public service or
utility. Although such branch offices are
subjected to an exemption from the Minister of
Business Trade, such branch offices shall not
enter into or engage in any commercial activities
that are not part of its original contract. In
addition to this, branch offices in Qatar under
this category do not require local partners in
Qatar however, operations are fully taxable
unless there is a specific exemption granted by
the government.
11
Other Factors You Should Consider for Qatar
Business Formation
Taxation of companies registered in Qatar As per
the Law no. 11 and 9 of 1993 and 1989, foreign
companies operating in Qatar must pay taxes on
their activities in Qatar, while companies owned
and operated by Qatari nationals or citizen of
GCC member countries are exempted from such
conditions. However, foreign partners in such
firms are required to pay taxes for their share
in the business. However, there are mandatory
requirements associated with declaring income and
tax requirements for each financial
year. Companies with profits exceeding QR 100,000
must present audited financial statements,
certified by an accountant registered in Qatar to
support such declarations. Corporate and income
tax rates in Qatar ranges between 10 to 35
depending on the profit made by businesses.
Real Estate If your business is planning to take
up brokerage of real estate and property in
Qatar, you must obtain special licenses
associated with business operations from the
Ministry of Business and Trade, in addition to
having listed real estate brokerage as one of the
services of the company.
Licensing Options in Qatar Helpline Group also
has professional services designed to support
your company formation needs covering all
activities, including licensing and registration
needs. We lend our help to our business customers
for acquiring industrial, activity, school and
institution, travel and tourism agency, shipping
agency, engineering, consultancy and contracting
licenses. In addition to this, we handle all type
of licensing requirements in Qatar, including
those associated with specific industries such as
hotels, restaurants, travel and tourism,
education, cleaning and utility, trading and real
estate sectors.
12
Get in touch with us
Address Helpline Group 28
Lormel Gate, Brampton, Ontario,
Canada, L7A 2K5
PH 1 (647) 680-5884
visit www.helplinegroup.ca
Mail-id ca_at_helplinegroups.com
Our Qatar Office Address Helpline Group
W.L.L.P.O Box 30606, Building No 153,1st
Floor, Office No 6, C.Ring Road,Next to
Diplomat Group Building,In between Toyota Signal
Doha Signal,Doha, Qatar (974) 777 111
29 (974) 44919213 (974) 44919214
13
Thank You
  • ca_at_helplinegroups.com
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