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Start a Business in Qatar under Our Harbor to Spend Least and Earn Maximal
Posted: Jul 07, 2019
Found up your dream project in Qatar to divvy in the ocean of growing opportunities from the financial perspective. We, considering the amount of pitfalls one has to face while starting up a business, kicked off the employ known as "Start a business in Qatar". How would it feel to get command of a ready-for-possession enterprise without tiring amidst legalities? Quixotic! You would say. We know. To redound you to entirety, BusinessBOX.me tenders the right set of essential lobs to run a business for aspiring entrepreneurs.
We let you ground the WLL and LLC companies in Qatar through extensive range of facilities within the duty of "Start a business in Qatar". With Limited Liability is a sort of agency in which the shareholding partners are the only accountable persons for the debts and liabilities of the firm depending on the shares in the capital. Uncoupled from it, Limited Liability Company ensures to have the major part of the organization owned by Qatari nationals going to 51% share. Multiple or single shareholder can aggregately own the 51% quota determining for sure that majority needs to be owned by Qataris.
In order to outset the discussion in detail about how to start a business in Qatar, we will talk in regard of the requirement of three documents which is needed to fully lead off your business.
- Commercial Residence – It is like more of a legal document issued by Ministry of Economy and Commerce, stating that it’s a legitimate entity with name xyz is owned by mentioned shareholders. To obtain it, firstly you need to select a trade name for your manufactory that has not been taken already. Moving further, prepare an Article of Incorporation listing all the shareholders, their stakes and rights. Submit both now to get a CR issued. You will have to specify the business activities those will be performed in your platoon like website development, digital marketing or advertising agency which will attract the individual charges. In next proceeding, pay the respective fees for each function and arrange all shareholders in person there for identity verification. You will be granted CR now that will be valid for one year only and can be renewed online later on.
- Trade License – In respect of sailing ahead to start a business in Qatar, acquire a trade license to set up an office space that has approval of MEC to conduct your tasks. It is time consumable process that requires you to fill the requisite application form on the MEC website and produce it in front of MEC with a lot of documents. Your necessity would be copies of ID of all persons in your business & office building owner, CR, article of incorporation, photo of office building from outside & inside, building completion certificate and rental details. Afterwards, on successful submission of documents, you will get an SMS informing your application has been received and an executive from the MEC will visit and inspect your office. When inspection occurs, an SMS from MEC will notify you to collect the trade license. Reach MEC now, pay fees of the trade license and attain the printed trade license. Second footstep to start a business in Qatar would be completed till this time.
- Computer Card – Till here 90% of your work is about to be done. In the way to elicit computer card from Immigration Department, you should know that it’s a consent document that expresses the signing authority from your agency’s end. You will have to halt at the process of composing official company stamp for all paperwork before applying for computer card. Rush to Immigration and Passport Control Office now with few documents for the application of computer card. Urgencies that will have you are requisite application form, a copy of CR, trade license, ID of shareholders and individual who has to be placed on computer card. Same steps again, pay the fees and get your computer card. Right now you are eligible to hire full-time employees in your company, provide them a Residence Permit and issue exit permits to them. Start a business in Qatar after it with your financial partners and on own set of terms.
Though we have explained the method entirely from point A to Z to start a business in Qatar, but it’s not so easy and fast to execute. Therefore we ask you to book our service to filter out the toughness you will cope while going to start a business in Qatar. We are in association with plethora of officials those help us to deliver such projects on time. Be assured from our end to remove the resistances from your path that could stop you when prearranged to start a business in Qatar. Touch the new height equivalent to sky in your venture with our fleet of benefits on immediate concern.
Businessbox Consultancy Llc (or “Businessbox“) is a one-stop advisory firm under Qatar Financial Center (Qfc).