Qatar is one of the fastest-growing regional economies and among the most promising globally, maintaining balanced growth rates despite various global challenges. Qatar is currently pursuing its journey towards establishing a diversified, competitive and knowledge-based economy in-line with the Qatar National Vision 2030 (QNV 2030). The aim of QNV 2030 is to "transform Qatar into an advanced society capable of achieving sustainable development" by 2030. The plan's development goals are divided into four central pillars: economic, social, human and environmental development.
The State has also developed an investor-friendly business environment, through the launch of several initiatives, including the creation of a single window for investor services, providing advanced electronic services for business incorporation, identifying and streamlining procedures for licensing the construction of business centres, issuing business licenses and offering incentives to foreign investors.
The world's richest country per capita according to the International Monetary Fund (IMF) 2017.
Home to over 85 different nationalities.
Qatar’s GDP Growth Rate will accelerate from 2.6 percent in 2018 to 2.7 percent in 2019.
Qatar ranked the 13th most peaceful country on the planet.
The Global Crime Index 2018 ranks Qatar as the 2nd safest country in the world.
Qatar’s ranked the 25th out of 137 in the Global Competitiveness Report 2017-2018.
Total trade exchange to the State of Qatar with the countries of the world in the second quarter of 2017
The economic projects that are deployed by the State of Qatar contribute to the development of the economic projects that contribute to the accomplishment of Qatar National Vision 2030 and the promotion of a diversified and competitive national economy.
adjacent to Hamad International Airport, covers the following sectors: healthcare & medical devices, aircraft and automobile industries, advanced technology, logistics, and business services.
is devoted to support the specialized industries and logistic services sector. The total area of Al Karaana Economic Zone is 38.43 km2, strategically located half way between Doha and Abu Sumra on the border of the Kingdom of Saudi Arabia. Al Karaana provides all the required infrastructure for successfully servicing the GCC countries and global markets.
is dedicated to support the light industries sector. The total area is 33.52 km2. It is located next to the new port of Al Wakra Southern. Um Alhoul is suitable for companies looking for world-class infrastructure and light industries.
The State of Qatar is embarking on a momentous venture with the development of not one, but four rail initiatives – to be known as The Qatar Rail Development Program (QRDP). QRDP will consist of: Doha Metro; Long Distance | Passenger Rail ; Long Distance I Freight Rail ; Light Rail Transit.
Offering meaningful value at every touch point, Al Wa`ab City delivers high quality and genuinely meaningful offerings for residents, guests and visitors alike. A low-rise, low-density development with a true sense of place, Al Wa`ab City is strategically located in Doha, surrounded by main arterial roads, close to the planned metro and next to some of Doha`s premium schools.
One of the world’s largest greenfield port developments. Strategically located south of Doha, the QR27 Billion ($7.4 Billion) mega project, which includes a new port, a new base for the Qatar Emiri Naval Forces and naval channel within the Qatar Economic Zone3, will span a 26.5km2 area.
Energy City Qatar is the first integrated energy business hub in GCC and Middle East. The purpose of ECQ is to enhance the Gulf region’s ability to capture critical revenue streams from hydrocarbons and act as a nucleus for the core elements of the Middle East’s growing oil and gas industry. The site is connected to Lusail City via the Al Khor expressway.
Msheireb Properties’ flagship project, Msheireb, will regenerate and preserve the historical downtown of Doha. This pioneering project that is worth QR20 billion aims to revive the old commercial heart of the city through a new architectural language that is based on community living, across a 31 hectare (76 acre) site.
Lusail is a new coastal city under construction located north of Doha and will cover 35km2. The project will contain 18 different districts and will include a lagoon with two marinas. 25,000 residential units, high and low rise buildings, commercial districts and mixed-use areas, retail areas, two golf courses, 22 schools and a hospital. Value: US $5.5 billion.
Qatar represents an attractive destination for foreign investments, offering investors political and social stability in addition to a full range of benefits to energy-consuming industries.
Furthermore, the State of Qatar has adopted a free market economy and enacted laws and legislations that are being continuously revised to ensure an open economy with no business restrictions, customs burdens or limitations on money transfers in addition to providing incentives and facilities to bolster investor’s profits.
Foreign companies looking to start their business in Qatar will have two options of setting a company.
One of the ways to establish a company in Qatar is to start a company along with a local Qatari partner. In that case, CBC recommends using specialized local companies such as Fusion Middle East w.l.l.
Fusion uses local knowledge and expertise to provide corporate partnership to foreign investors looking to start or expand a business in Qatar. This means navigating the complex system of regulatory processes and procedures that exist across the Middle East, eliminating potential barriers and fulfilling all necessary requirements to allow the new business to be established. Fusion Middle East is also on hand to ensure each new business abides by Qatari laws, helping to minimise the risk.
*For detailed explanation about how to register your company with Fusion please contact us in order to provide you with information.
Step 1 - Reserve the company name and activities at the Ministry of Economy and Commerce
Step 2 - Sign the articles of association and obtain the commercial registration of the company
Step 3 - Deposit the share capital into a temporary bank account within 15 days of obtaining the commercial registration
Step 4 - Obtain trade license, company computer card, company labour quota and resident permits
Qatar Financial Centre (QFC) is a global business and financial centre. Its onshore platform provides opportunities to expand to and from the Middle East. Qatar Financial Center allows 100% foreign ownership.
QFC provides a license for financial (banking, asset management and insurance) and non-financial services (professional and business services like consulting, audit, tax consultancy, advertising agencies, public relations, photo/video production etc.).
**For detailed explanation about how to register your company with QFC please contact us in order to provide you with information.
The Business Development and Investment Promotion Department at the Ministry of Economy and Commerce offers essential information and necessary support to attract non-Qatari Investors to invest in the State of Qatar. The Investment on Non-Qatari Capital in the Economic Activity, Non-Qatari investors may exceed the proportion of their contribution of the 49% up to 100% of project capital.
Step 1 - Fill in the non-Qatari investment license application
Step 2 - Provide all the required documents
Step 3 - Submit the application with required documents to the Business Establishment Centre or through the E-service of the Ministry of Economy and Commerce website
Step 4 - Application and documents submitted will be reviewed by the concerned authority in the Business Development and Investment Promotion department
**For more information, please contact the Ministry directly.
State: Sovereign and independent Arab State
Location: Middle East, Gulf Coast
Qatar's territory covers 11,581 km2
Population: 2,561,643 inhabitants
Gross Domestic Product (GDP) per capita: $ 128,702
Capital City: Doha (largest city as well) – 1,351,000 inhabitants
Largest Cities: Al Rayyan, Al Wakrah, Al Khor, Mesaieed, Dukhan
Religion: Islam
Official language: Arabic
Other languages: English
State Holiday: December 18th, Qatar National Day
Phone Dial Code: +974
Currency: Qatari Riyal - QAR (1 US$= QR 3.65)
Time Zone: GMT + 3
Climate: Qatar has a moderate desert climate with long hot summers, short mild winters and little rain in winter
Traffic Connection:
Doha-Zagreb daily direct Qatar Airways flights (two daily), duration of the flight is 5 hours and 55 minutes. Also, there are more indirect flight options with one stop with a combined duration of travel between 9 hours and 15 minutes and 12 hours and 15 minutes.
Zagreb-Doha daily direct Qatar Airways flights (two daily), duration of the flight is 5 hours and 20 minutes. Also, there are more indirect flight options with one stop with a combined duration of travel between 8 and 9 hours.
