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Investment Incentives
Qatar welcomes foreign participation in joint ventures through technology supply, market administration and equity participation. The Government offers several attractive incentives for joint ventures, such as:
vThe Main Incentives :-
Ø Own up to 25% foreign investment in Qatar Shareholding Companies (QSC’s) listed on the Doha Securities Market. www.dsm.com.qa
Ø Ownership of properties and residential units in the “Pearl of the Gulf Island”, the “West Bay Lagoon”, and “Al Khor Resort Project”
For 99 years & renewable for similar terms (Ref: Law No. 17 of 2004).
Ø Investing in the banking and insurance sectors upon a decision of the Cabinet of Ministers. (Ref: Law No. 31/2004).
Ø Entry visa and Residency Permit can be issues due to interests under the Foreign Investment Law & the Foreign Ownership of Real EstateLaw. (Ref: Law No. 2 of 2006).
Ø Allot a piece of land to set up investment project for a period not exceeding 50 years renewable (Ref: Law No. 13 of 2000).
Ø No custom duties on imports of machinery, equipment & spare parts Intermediary goods.
Ø Liberal immigration and employment rules to enable import of skilled and unskilled labour.
Ø No export duties and no taxes on corporate profits for pre-determined periods.
Ø Securing loans from Qatar Development Bank. See : www.qidb.com.qa
Ø Industrial land & Natural Gas, Electricity at Competitive Price .
Ø Facilitating recruiting foreign labor for a low cost.
Ø Exemption from income tax for 10 years.
Ø No income tax on salaries of expatriates.
Ø Freedom of money transfer abroad.
Ø No quantitative quotas on imports.
v Others Government’s Incentives :-
Ø Providing the investors with all the necessary information and data they need.
Ø Easy access to world markets with first class air and sea connections.
Ø Stability and clarity of laws and rules, which contain the required guarantees.
Ø Stability and flexibility of foreign exchange and its rate.
Ø Excellent telecommunications facilities.
Ø Excellent medical and educational facilities
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