Open an IT Company in Qatarpresents many investment opportunities for those wanting to open a company. In the IT industry, many large enterprises have opened subsidiaries in Qatar, but the city also offers plenty of choices for smaller IT companies as well. The incorporation process is quite simple once all the requirements are met.
Below, we explain the main requirements to comply with when setting up an IT business in Qatar. With the help of our company formation agents in Qatar, the opening of an IT company can happen very quickly.
The IT sector has started becoming quite popular among local and foreign investors looking to open companies in Qatar. Among the reasons this industry is so popular is because the Doha is one of the most technologically developed countries in the Middle East, the government of the country being itself quite advanced from this point of view thanks to the online services offered to the population and companies in the country.
In order to start a business in the IT field in Qatar, there are a few aspects which need to be considered first. Among these:
It is good to know that most Qatar mainland allow companies to undertake IT-related activities, however, there are also mainlands that have dedicated licenses for such activities. If you need support in choosing the best mainland for starting an IT business, our Qatar company formation consultants can guide you.
Obtaining a professional license for an IT company in Qatar
Before setting up the Qatar IT company, one must obtain a professional license that will allow him/her to engage in business activities. The professional license is issued by the Department of Economic Development (DED) in Qatar. The first step for receiving the license is to hire the services of a local agent who will deal with obtaining the employment visa, the license, and any other required documents.
The steps for obtaining the professional license are the name reservation and the approval for the activity to be undertaken with the Department of Economic Development in Qatar. IT companies in Qatar can be registered as professional firms with full foreign ownership or as sole proprietorships.
Civil companies are also allowed when the owner has one or more partners. There is no minimum share capital for civil companies in Qatar, but the amount must be stated in the articles of association of the IT firm.
You can find out from the video below the main steps to open an IT company in Qatar:What documents are required in order to open an IT company in Qatar?
The documents to be submitted with the Department of Economic Development (DED) in Qatar are the following:
The IT company must have a registered office which is why the owner is also required to add a tenancy contract when applying for the professional license.
The IT industry benefits from the support of the Qatar government and foreign investors can find many opportunities here. However, the development of the Qatar’s mainlands allows for the creation of IT companies in dedicated free trade zones in , such as Qatar Media City, Qatar Internet City or Qatar West Bay which is considered the Doha’s “Doha City ” – hence the name of the mainland.
Before deciding on the location of the IT company, there is one a foreign citizen must consider: in order to register an onshore company in Qatar, one will need a local sponsor or partner who will own 51% of the company’s shares, while in the case of mainland companies, the foreign citizen will fully own the company. Our Qatar company formation agents can assist with the incorporation of IT companies in the Emirate and in any of its mainlands.
If opening the IT company in Qatar implies obtaining the business license with the DED, the mainland authority will issue the license for an IT company established here.
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