Hi Everyone!
I'm researching Qatar and comparing it with Dubai. I've noticed there's significantly less information and reviews available about Qatar online and on forums.
Actually, I find this "quietness" quite appealing and intriguing. 😎
Looking at the objective advantages of Qatar over Dubai, particularly regarding tax residency, we have:
- Territorial taxation system
- No taxes unless you conduct business within the country (10% corporate tax)
- Permanent Establishment rules only apply to income earned within Qatar, which effectively eliminates concerns if your business operates outside Qatar
* Another pro is very low property registration fee of just 0.25%, and while broker services aren't mandatory, they typically cost 1-2% if you choose to use them
Some concerns I have:
- History of strict restrictions during COVID-19, so in case new pandemic... blak""#¤
- Current cryptocurrency ban
I'm planning to do some on-site exploration after New Year to check things out personally.
I would greatly appreciate if anyone could share insights about specific aspects to consider when looking at Qatar as a potential base. Particularly interested in:
How good are the banks?
What's the quality of residential properties?
How well do delivery services work?
What's the overall service quality like?
How's the internet?
Are there any particular things to avoid?
Looking forward to hearing your experiences and advice!
Last edited: Dec 21, 2024
I'm researching Qatar and comparing it with Dubai. I've noticed there's significantly less information and reviews available about Qatar online and on forums.
Actually, I find this "quietness" quite appealing and intriguing. 😎
Looking at the objective advantages of Qatar over Dubai, particularly regarding tax residency, we have:
- Territorial taxation system
- No taxes unless you conduct business within the country (10% corporate tax)
- Permanent Establishment rules only apply to income earned within Qatar, which effectively eliminates concerns if your business operates outside Qatar
* Another pro is very low property registration fee of just 0.25%, and while broker services aren't mandatory, they typically cost 1-2% if you choose to use them
Some concerns I have:
- History of strict restrictions during COVID-19, so in case new pandemic... blak""#¤
- Current cryptocurrency ban
I'm planning to do some on-site exploration after New Year to check things out personally.
I would greatly appreciate if anyone could share insights about specific aspects to consider when looking at Qatar as a potential base. Particularly interested in:
How good are the banks?
What's the quality of residential properties?
How well do delivery services work?
What's the overall service quality like?
How's the internet?
Are there any particular things to avoid?
Looking forward to hearing your experiences and advice!
Last edited: Dec 21, 2024
