Qatar Public Shareholding Company
- A national of another Arab country that has a relevant reciprocal agreement with Qatar;
- Where foreign investment or experience is required, so long as the necessary license has been granted by the Ministry of Economy and Commerce; and
- Where the company has been incorporated under a special decree that allows for foreign shareholding.
Qatar Public Shareholding Company Key Features
- PSCs must have a minimum of 5
- The capital of an PSC must be at least QAR 2m
- The signed Memorandum and Articles of Association must be submitted, in Arabic, to the Ministry of Economy and Commerce.
- Shareholders are not liable for the company’s obligations, except to the extent of the total nominal value of their respective shareholding.
- Foreigners may own up to 100% of a Qatari company in certain sectors
Qatar Public Shareholding Company |
Corporate Details |
General |
|
|
PSC |
|
Yes |
Share capital or equivalent |
|
|
QAR |
|
Any |
|
QAR 2m |
|
Yes |
|
Yes |
Directors |
|
|
1 |
|
No |
|
Yes |
Shareholders |
|
|
5 |
|
50 |
|
Yes |
Company Secretary |
|
|
No |
|
Not required |
Accounts |
|
|
Yes |
|
Yes |
|
No |
|
No |
- No limitation on the amount of products or services the company can sell
- 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
- A Qatar PSC is liable to pay a corporate income tax of 10 % on profits sourced in Qatar
- The company will not be subject to withholding tax
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers