Ok, the answer to that is, yes and no! It's true this 'law' was announced about 18 months ago. As with many things here, in reality it's not quite as straight forward as it would seem. Yes, theoretically an IT company can be under 100% foreign ownership, however, in practice it seems most of the companies involved are large international companies who have been 'invited' to come to Qatar by HRH.
It's an expensive route to take, and frankly there's little chance of approval. We would be happy to go down this road on your behalf and make the application, though it won't be cheap with an extremely minimal chance of success!
Ok, the answer to that is, yes and no! It's true this 'law' was announced about 18 months ago. As with many things here, in reality it's not quite as straight forward as it would seem. Yes, theoretically an IT company can be under 100% foreign ownership, however, in practice it seems most of the companies involved are large international companies who have been 'invited' to come to Qatar by HRH.
It's an expensive route to take, and frankly there's little chance of approval. We would be happy to go down this road on your behalf and make the application, though it won't be cheap with an extremely minimal chance of success!
Any other info, let me know.