Starting A Company In Qatar

The Right Way

Liam Trumpwww.pro-partnership.com

Agenda

• Who are PRO-Partnership

• Outline Three Main Types of Business Vehicles Available

• Trade Representative Office• Branch Office• Limited Liability Company

• How To Choose The Correct Local Partner

WHO ARE PRO-PARTNERSHIP?

Who Are PRO-Partnership

• 100% Qatari owned company so we can act as the 51% Qatari partner when necessary.

• Established in 2010.

• PRO-Partnership team collectively has 40 years of experience in the Qatari market.

• We have been involved in the formation of over 200 Limited Liability Companies, Representative and Branch Offices.

MAIN BUSINESS VEHICLES

Trade Representative Offices

• This can be used to promote a foreign company in Qatar and introduce its products to Qatari companies as a non-trading ‘shop-window’.

• 100% Foreign Ownership

• Allowed To: • Market the product it represents to widen the distribution circle• Soften any difficulties related to the distribution of the products

• Not Allowed To: • Export, Import or sell• To make contact directly with consumers

Branch Offices

• If the project "facilitates the performance of a public service or utility“.

• i.e. has a contract with a Government entity.

• 100% Foreign Ownership

• Branch Offices are contract specific

• They should close at the end of the contractual period.

Limited Liability Company

• In most cases, requires a 51% Qatari partner

• Has the ability to conduct most business activities in the State of Qatar.

• Can conduct multiple contracts.

• Requires Share Capital of at least Qrs. 200,000

CHOOSING THE CORRECT LOCAL PARTNER

Choosing the correct local partner is the most important decision you will make in establishing an entity in Qatar.

Individual vs Corporate

• Qatari Partner’s can be in the form of an individual or a corporate partner

• Corporate Partner’s provide more security and protection. – Should the Qatari Partner Pass Away– Availability – Business Continuity

Other Things To Consider

• Correct Legal Agreements In Place.– Ensure there are favourable terms for exit

strategies agreed– Ensure that you have full management rights over

the business

• All companies require a local office

CHOOSING THE CORRECT LOCAL PARTNER IS A LOT LIKE INSURANCE...

CHEAP OPTIONS ARE ALWAYS AVAILABLE...

BUT WHEN YOU NEED IT, YOU WILL WISH YOU’D HAVE GONE WITH THE PREMIUM

CHOICE

Questions and Contact

Find Out More...

www.pro-partnership.com

?