The limited liability company (LLC) is the most popular business structure used in Qatar. LLCs must have a minimum of two and a maximum of 50 participants, each of whom is liable only to the extent of his or her share of the company’s capital. The capital of an LLC must be at least QAR 200,000, divided into equal shares of QAR10 or more each. The signed Memorandum and Articles of Association must be submitted, in Arabic, to the Ministry of Economy and Commerce.

Foreign investors are permitted a 49% stake in the business, on condition that there is one or more Qatari partners. However, foreigners may own up to 100% of a Qatari company in certain sectors, including agriculture, tourism, manufacturing, health, and education.

Qatar Limited Liability Company Key Features

  1. LLCs must have a minimum of two and a maximum of 50 participants
  2. The capital of an LLC must be at least QAR 200,000
  3. The signed Memorandum and Articles of Association must be submitted, in Arabic, to the Ministry of Economy and Commerce.
  4. Foreign investors are permitted a 49% stake in the business
  5. Foreigners may own up to 100% of a Qatari company in certain sectors

Qatar Limited Liability Company Legal Requirements

Qatar Limited Liability Company

Corporate Details

General

  • Type of Entity

LLC

  • Registered Office in Qatar

Yes

Share capital or equivalent

  • Standard currency

QAR

  • Permitted currencies

Any

  • Minimum Capital

QAR 200,000

  • Bearer shares allowed

Yes

  • No par value shares allowed

Yes

Directors

  • Minimum number

1

  • Local required

No

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

2

  • Maximum

50

  • Corporate shareholder allowed

Yes

Company Secretary

  • Required

No

  • Local or qualified

Not required

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

Yes

  • Requirements to file accounts

No

  • Publicly accessible accounts

No

Qatar Limited Liability Company Tax Treatment

A Qatar LLC is liable to pay a corporate income tax of 10 % on profits sourced in Qatar

Qatar Limited Liability Company Duration for Set up

Around 4 Weeks

Qatar Limited Liability Company Distinctive Benefits

  1. No limitation on the amount of products or services the company can sell
  2. Your company will be recognized as a local company, often permitting the entity to take part in an increased number of government and private tenders
  3. The company will not be subject to withholding tax

The Valsen Advantage

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