Have you an interest in establishing in the Qatar Free Zones Authority?

30/06/20

Qatar is widely regarded as one of the richest and most progressive countries within the Middle East and it may well be said that QFZA is going to be a game changer for the region.

Located in Western Asia, on the North Eastern coast of the Arabian Peninsula, Qatar represents an economic and cultural power at the center of a dynamic and growing region.

The small Middle Eastern nation is a fantastic place to live, with its stable economic situation, low crime rates, world-class schools and one of the best healthcare systems in the world.

Qatar is a business-friendly country due to the strength of its growing economy, superlative infrastructure and business-friendly legal environment.

Qatar offers easy access to many dynamic markets in the Gulf region and worldwide.

The Qatar Free Zones Authority (QFZA) is an independent organization created in 2018, to regulate and develop free zones in Qatar. The authority oversees two free zones in Qatar; Ras Boufantas and Umm AlHoul and offers outstanding opportunities and benefits for businesses seeking to expand globally.

Free zones offerings

Qatar’s world-class free zones offer many benefits that create an enabling environment for businesses to thrive:

1 – High quality infrastructure

State of the art infrastructure including office facilities, pre-built and land lease options flexible for business development plans, with regionally competitive rates and access to world-class transport systems.

2 – Exemptions

Renewable 20-year corporate tax holidays – zero corporate tax, zero custom duties on imports and no personal income tax.

3 – Investment fund

In order to promote growth, the QFZA provides potential access to a $3 billion dollar government backed investment fund for eligible companies.

4 – Skilled workforce

The Free Zone Authority provides access to highly skilled and flexible foreign workforce under a permit regime directly managed by the authority.

5 – Full ownership

Companies operating in Qatar free zones will benefit from 100% foreign ownership with full capital repatriation with no restrictions.

6 – Partnership opportunities

Access to partnership opportunities with national and international partners.

Requirements and eligibility criteria for establishing a business in Qatar free zones:

For a business to be eligible for establishment within the Free Zones, it should:

  • Operate in one of QFZA’s target sectors which include logistics, chemicals and emerging tech
  • Demonstrate their ability to generate incremental economic value
  • Plan to use their position in Qatar to primarily trade in the regional and international markets
  • Demonstrate financial capability to undertake the proposed investment

How to apply?

The authority is now open for applications. You can apply via their website. We can of course at any stage initiate, mediate or represent a client throughout the business development process, providing market research and feasibility studies if required.

If you require any assistance or further information on Qatar Free Zones please get in touch.

Other News

BSUQ News 43 - Thumb

Qatar announces huge increase in North Field gas reserves

Qatar Energy has announced a new LNG expansion project, which will increase production capacity to 142 million tons per annum (MTPA).

Termed as the ‘North Field West’ project, completion is scheduled...

Read more
BSUQ News 45 - Thumb

Qatar offers expats high salaries and great standard of living

Qatar ranks among the most affordable tax free countries to relocate to in 2024, according to a recently published study.

The report noted that the State of Qatar has a [population of approximately...

Read more
BSUQ News 44 - Thumb

Startup Qatar Investment Programme launched for startups

Qatar Development Bank has announced the launch of its Startup Qatar Investment Programme, which provides funding and assistance to tech startups seeking to establish or expand operations in Qatar.

The...

Read more
BSUQ News 43 - Thumb

Qatar Islamic Fintech market to reach QAR 14.6 billion by 2027

Qatar’s Islamic Fintech market is projected to grow to QAR 14.6 billion (USD 4 billion) over the next three years, according to a recent Global Islamic Fintech (GIFT) report.

The report estimated...

Read more
BSUQ News 42 - Thumb

Qatar’s population hits 3 million as imports and exports rise

Qatars population reached the three million mark in January 2024, according to information released by the country`s Planning and Statistics Authority (PSA).

The exact population was recorded as 3,118,000,...

Read more
BSUQ News 41 - Thumb

Moody’s upgrades Qatar’s credit rating to AA2

Qatar`s credit rating has been upgraded to AA2 by Moody’s, who also revised the States outlook to stable based on Qatar’s positive financial metrics from 2021 to 2023.

Additionally, [the trusted...

Read more
BSUQ News 40 - Thumb

Qatar committed to protecting personal data in age of AI

Qatar Financial Centre (QFC) recently organised a seminar entitled “Data Protection in the Age of AI” which coincided with International Data Privacy Day.

The event was held in collaboration with...

Read more
BSUQ News 39 - Thumb

Qatar launches 2024 - 2030 National Development Strategy

Qatar`s cabinet recently approved the draft third National Development Strategy (NDS3) for 2024 -2030. The strategy, which closely aligns with the goals of the Qatar National Vision 2030, aims to to transform...

Read more

Page Break