If i want to open a business here in doha, do i need a Qatari Nationality partner, if yes what is the percentage? plz i need a quick answer and thanks in advance.....
A Qatari partner is a must, The rule which exists is
51% Qatari and 49% Expatriate, and make sure ya make
the proper contracts and make the Qatari invest 51%
and having a power of authority towards signing cheques
and exit permit will be an added advantage.From 30 years I've been in Qatar and from 2 years I have been
searching for a Good Qatari Sponsor. Everyone whom i have met both educated and uneducated turned out to be either useless or want the business plan to start out the business themselves. So make sure
you dont give out your business plan. But over all one word of advice "DONT TRUST ANYONE" they all look good
on the first meeting the fourth meeting they show their
true colors.
P.s there are even taxes to be paid here in qatar any profit made over 5 million QR there is a 35% tax which is a must. For more info feel free to contact me...
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A Qatari partner is a must, The rule which exists is
51% Qatari and 49% Expatriate, and make sure ya make
the proper contracts and make the Qatari invest 51%
and having a power of authority towards signing cheques
and exit permit will be an added advantage.From 30 years I've been in Qatar and from 2 years I have been
searching for a Good Qatari Sponsor. Everyone whom i have met both educated and uneducated turned out to be either useless or want the business plan to start out the business themselves. So make sure
you dont give out your business plan. But over all one word of advice "DONT TRUST ANYONE" they all look good
on the first meeting the fourth meeting they show their
true colors.
P.s there are even taxes to be paid here in qatar any profit made over 5 million QR there is a 35% tax which is a must. For more info feel free to contact me...
Regards...
51% qatari and rest all yours..
it is a rule
but be careful cuz he could take all your money and kick u out at any given time
u must need qatari nationality owner for any kind of business its a rule.and its a damn fucking rule in qatar