If any one knows the Answer please suggest me
By abdulgaffar •
Hi my dear friends
Since Six month i am working In Qatar and Now i am planning to start Business here. But i don't know my company release me with NOC or Not. If They are not giving NOC then is it possible to start any business with Sponsor... please i need suggestions and explanations.....
thanks a lot
Bonds? Huh? No...not correct.
First and foremost, if you cannot get an NOC, this will mean your visa is cancelled and you will have to leave the country. Yes, you can still theoretically start a business as an investor and shareholder, which I believe will allow you to visit Qatar, but you still won't be allowed to be sponsored and work for the company (and therefore no RP)
To set up the company will also cost....but not in bond form. You will need to place a minimum of 200,000QR in your company bank account, which can be then used as working capital once the company is fully formed. You also have setup and government fees where the cost will depend on your chosen business. You will also need a commercial premises to acquire your Municipality License and Labour Quota.
All that said, without an NOC I'd forget about it.
I'll make a small answer my friend. Actually it depends on what type of business you would like to have , but the other pain is there is a bond or a deposited money wherein it will be only returned after you pull out your business. The bigger is your investment , the bigger is the bond. If you are a foreigner , you can ask the department of immigration for the first step. Then department of finance and commerce. That's what I only knew my friend. I got this info from a friend who has a big contracting business here. Goodluck
I'll make a small answer my friend. Actually it depends on what type of business you would like to have , but the other pain is there is a bond or a deposited money wherein it will be only returned after you pull out your business. The bigger is your investment , the bigger is the bond. If you are a foreigner , you can ask the department of immigration for the first step. Then department of finance and commerce. That's what I only knew my friend. I got this info from a friend who has a big contracting business here. Goodluck