Have you an interest in establishing in the Qatar Free Zones Authority?

30/06/20

Qatar is widely regarded as one of the richest and most progressive countries within the Middle East and it may well be said that QFZA is going to be a game changer for the region.

Located in Western Asia, on the North Eastern coast of the Arabian Peninsula, Qatar represents an economic and cultural power at the center of a dynamic and growing region.

The small Middle Eastern nation is a fantastic place to live, with its stable economic situation, low crime rates, world-class schools and one of the best healthcare systems in the world.

Qatar is a business-friendly country due to the strength of its growing economy, superlative infrastructure and business-friendly legal environment.

Qatar offers easy access to many dynamic markets in the Gulf region and worldwide.

The Qatar Free Zones Authority (QFZA) is an independent organization created in 2018, to regulate and develop free zones in Qatar. The authority oversees two free zones in Qatar; Ras Boufantas and Umm AlHoul and offers outstanding opportunities and benefits for businesses seeking to expand globally.

Free zones offerings

Qatar’s world-class free zones offer many benefits that create an enabling environment for businesses to thrive:

1 – High quality infrastructure

State of the art infrastructure including office facilities, pre-built and land lease options flexible for business development plans, with regionally competitive rates and access to world-class transport systems.

2 – Exemptions

Renewable 20-year corporate tax holidays – zero corporate tax, zero custom duties on imports and no personal income tax.

3 – Investment fund

In order to promote growth, the QFZA provides potential access to a $3 billion dollar government backed investment fund for eligible companies.

4 – Skilled workforce

The Free Zone Authority provides access to highly skilled and flexible foreign workforce under a permit regime directly managed by the authority.

5 – Full ownership

Companies operating in Qatar free zones will benefit from 100% foreign ownership with full capital repatriation with no restrictions.

6 – Partnership opportunities

Access to partnership opportunities with national and international partners.

Requirements and eligibility criteria for establishing a business in Qatar free zones:

For a business to be eligible for establishment within the Free Zones, it should:

  • Operate in one of QFZA’s target sectors which include logistics, chemicals and emerging tech
  • Demonstrate their ability to generate incremental economic value
  • Plan to use their position in Qatar to primarily trade in the regional and international markets
  • Demonstrate financial capability to undertake the proposed investment

How to apply?

The authority is now open for applications. You can apply via their website. We can of course at any stage initiate, mediate or represent a client throughout the business development process, providing market research and feasibility studies if required.

If you require any assistance or further information on Qatar Free Zones please get in touch.

Other News

BSUQ News 43 - Thumb

MME successfully promotes the sale of local fruits and vegetables

Qatar has seen a significant increase in the volume and value of locally produced fruit and vegetable sales in the recent past with over 23,565 tons of local produce sold in 2020 and over 3,752 tons in...

Read more
BSUQ News 42 - Thumb

Businesses shall be prepared for updates in the tax system in Qatar

Qatar is getting ready to implement a Value Added Tax (VAT) and the private sector has been urged to prepare for it accordingly. It is advised to be VAT ready at least six to nine months before the implementation....

Read more
BSUQ News 41 - Thumb

MOCI announces services for formation, renewal and cancellation to be online only

The Ministry of Commerce & Industry (MoCI) has announced that the services related to company formation, renewal and cancellation will be available online only.

From Sunday, 28th of February, 2021...

Read more
BSUQ News 40 - Thumb

Growth of the sports industry in Qatar and the GCC to be faster than elsewhere

It is expected that the sports industry in Qatar and the GCC will grow faster than elsewhere. A recent survey conducted by PwC painted a picture of the industry in Qatar, United Arab Emirates, Saudi Arabia...

Read more
BSUQ News 39 - Thumb

AI and other new technologies to accelerate the growth

The Ministry of Transport & Communication (MOTC) recently organized a webinar on 'Knowledge Mining & Artificial Intelligence'. It is anticipated that artificial intelligence...

Read more
BSUQ News 38 - Thumb

Qatar’s e-commerce market sales to exceed QAR 11.7 billion

Qatar’s e-commerce market is developing and is expected to exceed QAR 11.7 billion (USD 3.2 billion) by 2022 compared to QAR 4.7 billion (USD 1.3 billion) in 2017. Over 350 e-commerce websites have been...

Read more
BSUQ News 37  - Thumb

QDB concludes events related to the first Qatar Virtual Exhibition

Qatar Development Bank (QDB) recently concluded the first Qatar Virtual Exhibition (QVE) which brought together small and medium sized enterprises (SMEs) from the State of Qatar and international distributors,...

Read more
BSUQ News 36 - Thumb

Why Start a Business in the Qatar Free Zones

The Qatar Free Zones Authority (QFZA) in partnership with the Qatari Businessmen Association (QBA) jointly organised a webinar on the ways of establishing...

Read more

Page Break