Requirement to set up an LLC in Qatar
The process to incorporate a LLC in Qatar is fairly straightforward. However, you will need to work with several different government offices throughout the process. It’s important to complete all of these steps in order to avoid any delays.
- Step 1: Register a Trade Name - First, you will need to apply to reserve the name for your business through the Commercial Registration and Licences Department. The cost for this will be QAR 1,000. However, names that don’t translate to Arabic may be charged an additional QAR 1,000.
- Step 2: Draft Articles of Association - The Articles of Association (AOA) will serve as the founding document for your organisation. It will contain information about the shareholders, company details, addresses, a list of business activities, and rules for how the organisation will be managed. This document will need to be written or translated into Arabic and submitted to the Ministry of Justice for approval.
- Step 3: Obtain a Commercial Registration - Next, you’ll return to the Ministry of Commerce and Industry (MOCI) to apply for a commercial registration (CR). The CR is valid for one year and permits you to open a bank account and start accepting invoice payments.
- Step 4: Open a Bank Account in Qatar - This is where you will deposit the minimum share capital QAR 200,000 required for the LLC.
- Step 5: Apply for a Trade Licence - Finally, you will need to apply for a trade licence with the MOCI. This part of the process typically takes the longest to gain approval. To apply for the trade licence, you will need a copy of your CR, AOA and documentation on the office location (either rented or owned space).
In Qatar the mainland LLC is the primary option for most companies looking to set up in the country to do business within Qatar. There are a number of Freezone options in Qatar for companies that are looking to be present in Qatar but that will be doing business within that Freezone and internationally.
For more information on the options between setting up in Qatar mainland or in one of the Freezones, such as QFZ or QFC, see the PPG article here on Qatar Freezones.
How can we help?
While it is possible to go through the process of setting up an LLC in Qatar alone, it can be confusing and time-consuming. At PRO Partner Group Qatar, we have in-depth knowledge of business practices and incorporation requirements in Qatar as well as direct contact with many key government departments. We can advise you on the best company structure for your business venture and provide ongoing support and administration to ensure compliance with all local laws and regulations.
If you need guidance on setting up an LLC in Qatar or any other related company setup, restructuring, local partner or PRO support matter in Qatar, Abu Dhabi, Dubai, the wider UAE or Oman, then please do get in touch with us on +971 (0)4 456 1761 for Dubai or +974 4478 8765 for Qatar, or email us at email@example.com. For more information, click here.