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:
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.
M7 and Qatar Science & Technology Park (QSTP) have announced a partnership to strengthen Qatar`s entrepreneurship ecosystem.
The agreement provides for M7, an affiliate...Read more
A Qatar International Centre for Conciliation & Arbitration (QICCA) webinar discussed...Read more
The Bedaya Centre for Entrepreneurship & Career Development recently concluded a series of workshops as part of their ongoing foundation program.
The workshops were delivered online with the object...Read more
Qatar FinTech Hub (QFTH) recently held the virtual Demo Day for the second wave of the incubator and accelerator program.
The major FinTech event hosted key players from Qatar’s ecosystem as well...Read more
Qatar`s venture capital market has proven to be resilient despite the pandemic according to the most recent data and information.Read more
The Josoor Institute held a webinar discussing the circular economy, an economic approach aimed at minimising waste, very recently.
The Josoor Institute is...Read more
The State of Qatar has revealed an ambitious National Tourism Strategy which aims to position the country as a leading destination for tourism and travel.Read more
The Qatar Economic Forum concluded very recently and demonstrated the country’s position as an important centre for business, trade and investment. The virtual event provided a platform to exchange views,...Read more