Qatar freezone company

[uranium]

I came across this today
https://qfz.gov.qaStep1- submit you inquiry
Step2- submit documents
Step3- Receive Certificate + license
They mentioned that they help with bank account opening
There is a 20-year corporate tax holiday for all Free Zone investors.
Can I own 100% of my business?
Yes, 100% foreign ownership is one of many incentives we offer to investors.
you will be dealing with them directly for any assistance.
What do you think ?

Moreover, companies operating in Qatar will benefit from 100% foreign ownership, renewable 20-year tax holidays ”“ zero corporate tax, zero customs duty, and of course no personal income tax ”“ and access to a skilled and flexible workforce under a permit regime directly managed by QFZ.

Last edited: Aug 6, 2023

 

[Konstanz]

its offtopic why not just do BVI, Seychelles?

 

[uranium]

Because Qatar‌ is reputable jurisdiction.
With real solid banks just like UAE.
For BVI and Seychelles best‍ you can get is EMI

 

[Anonymous1234]

Easier to open a bank account than uae fz?

 

[uranium]

Need to contact them and ask if your business industry is supported first.
I think if‌ they accepted your business, bank account opening would not be a problem

 

[Anonymous1234]

This is a typical answer of fz incorporation agents in UAE and⁠ after paying everything it becomes hell to open a bank account

Sorry but ive experienced it all and burnt my fingers in this.

 

[uranium]

Qatar is not UAE
Why not give them a shot?

 

[Anonymous1234]

What makes you say that? Are‌ you a service provider in qatar? I smell conflict of interest

Surely i will, if⁠ it is really true.

 

[uranium]

I am stuck with UAE like everyone else‍ here
Looking for solutions and trying to be optimistic

 

[Anonymous1234]

Ok, im considering cyprus for easier banking and‍ eu access, but if qatar allows 0 then I am in. Will speak to them⁠ and update. Cheers.

 

[Konstanz]

If it's normal business you can have decent EMI with all services these days...
For crypto‌ there is no limits.
It just depends on your business model

 

[Checkmelater]

For using Stripe in Qatar I need UK Company
If I Open UK LLP I’ll‌ not be taxed because I’m Qatar resident right ?

 

[Forester]

Be advised that‌ banking for offshores from Cyprus is, unfortunately, not easy (in fact, anything but easy). Nowadays.‍
It will be appreciated.⁠

 

[troubled soul]

I took enough BS from Muslim monarchy.....not more now...Qatar is waste of time...Qatar rulers are‌ certified Psycho

 

[Sols]

Non-resident banking in Qatar is not very common, including local companies with foreign ownership and‌ operations. But if you move there, yes, it's about as easy as in UAE.

It really depends on context. If‍ you ask banks in Europe and Asia, Qatar will be unfamiliar whereas everyone knows BVI.⁠ Unfamiliarity is not that different from not being reputable. Both can be cause for concern.⁤

 

[troubled soul]

Cost of registering company is quite high ?
Do anyone know exact cost with flexi‌ desk ?
Most online search give me around 20k to 30k USD ns2ns2ns2ns2ns2
Can anybody confirm‍ this ?

 

[hanoib]

@uranium thanks for thinking and sharing with all of us.

Anyone here tried Qatar freezone‌ and what does the license costs and renewal?

I have read that you need to‍ visit the country every 6 months so the residency stays valid (just like UAE).

I didn’t check if they have a golden visa or something else.

Why? Isn’t it possible to⁣ register for stripe with Qatar company?

 

[uranium]

Residents investing a⁣ minimum of $1million in real estate are granted permanent residency, which provides benefits such as⁢ free health care, education/tuition, and the ability to investment in certain commercial activities. Residents investing︀ a minimum of $200,000 are granted a 5-year renewable residency permit

 

[Checkmelater]

I just have quotation. 11k QAR for⁠ opening company and 2 visas. 10k fees for company who process for you but I⁤ think it’s easy to do ourself.
It’s cheap

 

[uranium]

So around 6k$ but is bank account opening included?