Invest In Qatar

Qatar is one of the most important and remarkable worldwide destinations for investment , due to the excellent environment for foreigner investors. The economic diversification is a goal of Qatar National Vision 2030. The government has made many legal reforms, like allowing for 100% foreign ownership in many business sectors. Dealing with these legal reforms, laws, the process to understand and deal with the labor laws, and so on is challenging. So we at Elite Projects Qatar are here as a professional services provider with an expert and professional team who will help you understand and start your investment in Qatar.

Check the following in which we covered the latest regulations regarding Qatar investment:

Law No. (1) of 2019 regulating non-Qatari capital investment in economic activity have added provisions to encourage foreign investment in Qatar.

Article 8: It is permissible to allocate the necessary lands for non-Qatari investors to establish their investment project, either through lease or by granting beneficiary rights.

Article 9: Non-Qatari investors are allowed to import whatever is needed for their investment project in terms of construction, operation, or expansion.

Article 10: Non-Qatari investment projects may be exempted from income tax according to the regulations and procedures specified in the Income Tax Law.

Article 11: Non-Qatari investment projects are exempted from customs duties on imports of machinery and equipment necessary for their establishment. Non-Qatari investment projects in the industrial field are also exempted from customs duties on imports of raw materials and semi-manufactured materials necessary for production, which are not available in the local markets.

Article 12: The ministry grants an incentive and benefits to the investment projects in addition to what is mentioned to this law.

Article 13: Non-Qatari investments, whether direct or indirect, may not be seized. Unless it is for the public interest, which would be done in a fair and appropriate manner.

Article 14: Non-Qatari investors have the right to transfer capital, returns, settle disputes, and receive compensation in any currency at the applicable exchange rate.

Article 15: Non-Qatari investors have the right to transfer ownership of the investment to another party or hand it over to their Qatari partner, in accordance with the applicable laws and regulations.

Article 16: Non-Qatari investors are allowed to settle disputes through arbitration or any other method, in accordance with the law, excluding labor disputes.

If you still have unanswered questions? or need to know more about how to invest in Qatar? Elite Projects is available to answer your questions happily.

Book an Appointment