Qatar is one of the fastest-growing economies in the world, it encourages investments, so the government facilitates the process of company formation.
There are some requirements to open a holding company, with the aid of a qualified business expert, all of these issues and challenges can be readily overcome when establishing a holding company in Qatar.
The below outlines will let you take a closer look to learn more about the LLC and holding company.
To differentiate between a holding company & LLC, you should know the following:
What is a holding company?
A holding company in Qatar can start shareholding companies or limited liability companies, and the owners can be 100% foreigners. Up to 51% of these LLCs and shareholding corporations are owned by the holding company.
What is a limited liability partnership?
A limited liability partnership has two classes of partners. The general partner accepts full personal responsibility for partnership liabilities while limited partners have no personal liability beyond their investment in the partnership interest.
We are knowledgeable about the legal requirements for establishing a holding company in Qatar, so you need to know that the holding company's activity should be confined to the following:
Participate in the management of its subsidiaries
Invest funds in stocks, bonds, and securities.
Provide the necessary support to its affiliates.
Acquisition of intellectual property rights including patents, trademarks, industrial designs, and franchise rights, and they are renting to establishments inside or outside the State Ownership of movable assets and real estate reserved for its activities within the limits permitted by law.
Moreover, a limited liability company LLC provides the required structure for getting a holding company registered in Qatar, with these essential procedures:
The minimum share capital of 200,000 QAR to open an LLC, while a holding company does not require minimum capital.
Be prepared with the necessary documents and translated them into Arabic, which includes the following:
The Articles and the Memorandum of Association
Copy of the business plan
The ID proof of the shareholder
Acquire the required license under the Ministry of Commerce and Industry in establishing your business.
Foreigner investors can have 100% of the shares. No need to have a local investor in order to open a limited liability company in Qatar.
Opening a holding company in Qatar have the benefits of:
Low Tax
Various location options
Different business industries
Ability to hire international talents
Easy to obtain a visa
Simple steps to start the business
At Elite Projects, we make it a priority to comprehend your company's demands and provide customized solutions in line with them.
If you have any questions, don't hesitate to ask one of our specialists. Contact us right away, we will be pleased to assist you.
Contact Number: +974 7022 0052
Email Address: info@eliteprojectsqatar.com