Important Steps To Follow While Registering A Company In QatarPosted by Petter on March 31st, 2021 Company registration in Qatar and its types There are different types of options for company registration in Qatar. You need to choose the appropriate company registration option that perfectly suits your model of business. You can consult experts to seek information on the best options for foreign company registration in Qatar. The different types of foreign company registration in Qatar are as follows:
Foreign company registration in Qatar-The Process Before moving on into the company incorporation process, you need to first prepare for the legal paperwork necessary for setting up a company in Qatar. These documents and licenses will help you approach the right process of business registration in Qatar. Important documents required for business registration in Qatar are listed as follows:
Steps for company registration in Qatar The 9 steps that you need to follow for company registration in Qatar are as follows:
The first and the main step in setting up a company in Qatar is to recruit an experienced business consultant. Appoint a consultant who holds extensive experience in the company incorporation processes in Qatar. The consultant would advise you and guide you on the right process to set up a business in Qatar. The experience of the consultant will make the process of company incorporation easy and hassle-free.
In the 2nd step, you need to decide on a suitable name for your trade or your business. You need to choose a unique name for your trade which would also be the identification of your company. A unique name will help you distinguish your company from the rest in the market. You would be given a form to fill out the name that you want to reserve for your company. Once you have filled out the appropriate name, you need to submit the form to an appropriate government agency.
Next, you need to submit funds as paid-up capital into the bank while the registration of the name of your business is under consideration. You will have to create a corporate bank account in a Qatari local bank and deposit the required funds as asked by the government agency.
Next, you need to draft MoA and AoA forms for the business. Once you prepare the AoA document you need to get it authenticated from an assigned official from the Qatari Commercial Companies Control Department.
After the Memorandum of Association or MoA gets ready, you need to submit the MoA to the authority for the company that is legally set up, called The Commercial Companies Control Department in Qatar. Moreover, you also need to submit all other necessary documents required to conduct proper legal work for the process of company registration in Qatar.
In the next step, you need to acquire the approval certificates and the licences from various government authorities. The different licenses include the trade licence as well as the signage licence. You need to collect these licences from the Doha Municipality.
You need to get your company registered with The Commercial Registry at The Chamber of Commerce and Industry. As a part of the process for company formation, it is important to get your company registration in Qatar with the Commercial Registry as it makes it easier for you to operate a business in Qatar.
Submit our application for the TIN certificate at The Authority of Taxation as well as The Revenue department in Qatar. After your Tax Identification Number or TIN gets generated, you could collect the certificate as well.
Finally, after achieving your TIN and other documents register the seal of your company which is mandatory as a part of the business formation in Qatar. If you want more information about setting up a company in Qatar, you should visit AAIQA today. Like it? Share it! More by this author |