When conducting business in the Middle East, it is not always mandatory that you seek a local partner. Certain company establishment types allow for the foreign business to maintain 100% ownership. If you are a foreign company executing a specific contract in Qatar, you can choose to establish a Branch Office. The contract, however, must “facilitate the performance of a public service or utility”. This means that your contract must be issued by a government or quasi-government entity.
Qatar Branch Office Key Features and Legal Requirements
|
Qatar BO |
Corporate Details |
|
General |
|
|
BO |
|
Yes |
|
Share capital or equivalent |
|
|
QAR |
|
Any |
|
NA |
|
Directors |
|
|
NA |
|
NA |
|
Shareholders |
|
|
NA |
|
NA |
|
Accounts |
|
|
Yes |
|
No |
|
No |
The Qatar Branch Office Tax Treatment
Corporate Tax of 10%
The Qatar Branch Office Duration for Set up
Around 4 weeks
The Qatar Branch Office Distinctive Benefits
- The Qatar Branch Office attracts a low corporate tax of 10%
- There is no minimum capital requirements for The Qatar Branch Office
- Domicile migration is allowed.
The Valsen Advantage
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers