Limited Liability Company

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Limited Liability Company

The first step toward starting your business in Qatar or the UAE is to select the best company establishment type for you.

If you’re looking to get started in Qatar or the UAE and plan to stay for an extended period of time or you wish to sell your products or services to both private and government related organisations, then a Limited Liability Company (LLC) type could be the best fit for you.

There are many key advantages to setting up an LLC. Unlike a Branch Office or Trade Representative Office, an LLC can carry out and fulfil an unlimited number of contracts simultaneously.

 

Top 3 Advantages of a Local Limited Liability Company

  • No limitation on the amount of products or services the company can sell
  • Your company will be recognised as a local company, often permitting the entity to take part in an increased number of government and private tenders
  • The company will not be subject to withholding tax

The process for setting up an LLC in Qatar is:

Process Flow

Start
1st step

Reserve the company name and activities at the Ministry of Economic & Commerce.

2nd step

Sign the articles of association and obtain the commercial registration of the company.

3rd step

Deposit the share capital into a temporary bank account within 15 days of obtaining the commercial registration.

4th step

Obtain the trade license for the company. Please note, a 12 month lease against a fit for purpose commercial office space is required.

5th step

Obtain the company computer card (immigration card).

6th step

Obtain the company labour Quota.

7th step

Obtain the General manager’s Residence permit.

Last Step

After taking these steps, the company is fully formed and can operate in Qatar.

Company Operational

Looking to form an LLC company in Qatar? Get in touch with us to find out how Fusion Middle East could help you succeed.

Contact us today for a free, no obligation consultation
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Are you looking to start a business in Qatar or the UAE? Find out if a
Trade Representative Office is right for you.

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