Starting a Business in Qatar
Qatar Business Experts
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I'm looking to open a tourist venture for British tourists visiting Egypt. Is there anything I need to put in place with Egyptian law? It'll be based online to arrange excursions and tours with English speaking Egyptians picking up the guests on the other side.
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There are striking parallels between OPECís current situation and 1990s. During 1997-1999, OPEC lost the market control and the oil price slipped to below 10 USD/ barrel. Whilst investors may wonder whether the markets will follow the same trajectory this time, it is important to remember that it was OPEC (Organization of Petroleum Exporting Countries) that emerged from that crisis to see the
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Why Start a Business in Qatar?
The announcement in 2011 that Qatar is to host the 2022 FIFA World cup confirms what everyone has known for the last few years. Qatar is quickly becoming a significant regional hub and a land wash with opportunities for businesses wanting to expand a business to Qatar.
With huge growth over the last two decades Qatar is poised for even further growth Ė and combined with a welcoming attitude to new business ventures in Qatar, the timing is just good on every level.
Doha, the capital city of Qatar, is already firmly on the map for global conferences and events, and a brand new airport with a capacity to carry over 50 million passengers a year, the opportunities to invest in Qatar seem tempting.
Qatar is ambitious about business and aims to provide sustainable businesses the opportunity to succeed.
The Qatari government is well aware that the wealth generated by oil revenue is not everlasting and they are looking to diversify business interests in Qatar.
They are offering incentives to companies looking to invest in Qatar, and compared to many other countries in the Middle East, the formalities of setting up a company in Qatar are relatively few.
However there are a few things that you need to consider before deciding how to set up a company in Qatar.
Firstly you will need a Qatari partner along with capital of 200,000QR.
To start a business in Qatar, you will also need an office from which your company should be run, and a license for a Qatari company.
Make sure you have a clear contract with your Qatari partner, remembering that Qatar is a Muslim country and Sharia law will prevail in Qatari courts.
Organisations that can assist with Starting a Business
Whether you are entering a new market and have yet to establish a business entity, or you have been in a country market for some time; whether you have one worker or thousands of employees, SafeGuard World International can help. We can support you during every stage of your journey with global payroll, contingent labor, global recruitment and a variety of multinational HR consulting and professional services.
Caught out by Brexit? Concerned about Trumpís unpredictability?
We do payroll there. We can do it anywhere. Many companies with global employees find that payroll can be a stressful part of doing business overseas. Finding a reliable payroll company, faxing and emailing multiple payroll spreadsheets each month, and treasury management are just some of the obstacles