An Import-Export License in Qatar provides a gateway to your business; hence it needs to be acquired by an entrepreneur who wishes to start an import-export company in the country.
Back to topTake Note of Some Essentials
You need to obtain a Letter of Credit (L/C), which is the most common instrument to control imports and exports. Also, commercial registration is necessary with the Ministry of Economy and Commerce.
Back to topHow to Set Up an Import-Export Business in Qatar?
To obtain your company license and proceed with your business setup in Qatar, the essential steps below must be followed.
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Select an Appropriate Business Jurisdiction
The decision of whether to set up your company on the mainland or the free zones depends on your capital, preferences, and various other requirements.
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Choose a Suitable Corporate Structure
Select a business entity from the following according to your business requirements. Our experts can guide you through the entire process.
- Branch of a foreign company
- Limited Liability Company
- Sole Proprietorship Company (SPC)
- Public Shareholding Company
- Simple Partnership Company
- Holding Company
- Representative Trade Office (RTO).
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Decide on a ‘Trade’ Name and Prepare the Company Papers
Select a ‘trade’ name following the Qatar government guidelines and prepare the other necessary documentation to apply for your license.
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Apply for an Establishment Card
Following the receipt of the business license, the company can apply to the Ministry of the Interior for a computer card or an establishment card. This is an important step in the process of registering a business in Qatar.
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Pay the Fees and Get Your Company License
Acquire your company license from the respective government authority after the payment.
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Obtain a TIN and a Corporate Seal
Register your business with the Public Revenue and Tax Authority in order to obtain a tax identification number (TIN). Finally, obtain an official corporate seal.
Back to topWhy Start an Import-Export Company in Qatar?
Whether you start a mainland company or a Qatar-free zone company formation, you can avail of various benefits provided by the government.
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Taxation
There is no income tax in Qatar.
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Economic Zones
There are several free zones that offer numerous company setup benefits for foreign business owners.
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Ownership
Foreign business persons can possess 100% ownership of their companies.
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Business-Friendly Laws
The government provides various incentives for ex-pat business owners, therefore making company formation favorable.
Back to topChoose Us to Acquire Your Import-Export License in Qatar
Our company formation specialists provide customized packages according to your requirements and provide assistance in making a strategic business plan. Our professional business setup experts are well-versed in the local laws of Qatar.
Get a free consultation today and initiate your company incorporation procedure.
Back to topAre there any tax benefits in Qatar?
Companies based in Qatar are exempt from income tax.
What is the minimum no. of partners required for an LLC?
A minimum of two partners are required.
What are the permitted business entities in Qatar?
Some of the permitted corporate entities are as follows: Branch of a foreign company, LLC, Sole Proprietorship Company (SPC), Public Shareholding Company, Simple Partnership Company, Holding Company, Representative Trade Office (RTO), etc.
Is it mandatory for a Qatar mainland business to have an office space?
Yes.