Company formation in Qatar | Kreston svp

Company formation in Qatar involves selecting a unique trade name and obtaining approval from the Ministry of Commerce and Industry (MOCI). The creation of a Memorandum of Association (MOA) and Articles of Association (AOA) follows, outlining the company's structure and activities. Minimum capital requirements, if applicable, must be deposited in a Qatari bank, and relevant certificates obtained. Submission of these documents to the MOCI results in the issuance of a commercial registration certificate. Additional approvals from sector-specific authorities may be necessary, alongside obtaining the required licenses. Companies should register for taxation with the General Tax Authority (GTA) and open a local bank account. Ongoing compliance with labor laws, immigration requirements, and periodic document reviews are essential for a successful business establishment in Qatar. Professional assistance is recommended to navigate these procedures efficiently.