Required Documents for Company Formation in Qatar
Required Documents for Company Formation in Qatar
Blog Article
Setting up a business in Qatar offers numerous opportunities, but it requires careful preparation due to the extensive documentation needed for company registration. The process, governed by the Ministry of Economy and Commerce (MEC), involves strict timelines and thorough paperwork. To initiate the process, three essential documents are required:
- Commercial Registration (CR): Issued by the MEC, this document verifies the legality, ownership, and name of the company. It is obtained once the trade name and articles of incorporation, listing all shareholders and their shares, are finalized.
- Trade License: Depending on the chosen business structure, a trade license is necessary. Acquiring a trade license requires MEC-approved office space and documents such as a rental agreement, CR, articles of incorporation, identification copies of business authorities, photos of the office, and the building completion certificate.
- Computer Card: This document specifies the company’s signing authority, listing Qatari members, which is crucial for legal operations.
In addition to these, foreign business owners need a certificate of experience, an immigration certificate, and signage licenses. Setting up a foreign company requires additional documents, including power of attorney to a Qatari manager, service agent agreements, contracts with the Qatari government, and the company’s memorandum.
When forming a Limited Liability Company (LLC), details regarding the company’s purpose, location, capital share, manager names, and the profit and loss distribution must be submitted.
All documents must be translated into Arabic to comply with local regulations. By ensuring these requirements are met, businesses can navigate the registration process smoothly and establish a foothold in Qatar's thriving market.
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