What is a Foreign Branch Office in Qatar?
The Foreign Investment Law in Qatar contains provisions that, a branch of a foreign company can be registered in Qatar if that foreign company/ business has a legal contract in Qatar which is performing a specific project, which facilitates the performance of a public service or utility, in other words Government related.
Foreign companies registered under this category do not need a sponsor and are 100% foreign owned. Branch Offices cannot, however, undertake any other commercial activity in Qatar outside the scope of the contract and the life of the branch is in effect, linked to the life of the contract. Consequently, the formation of Branch Offices is not that common and only suits a small number of ventures. Many foreign investors do not want the restriction of only trading within the confines of a given contract.
A branch office is in effect an extension of the parent company where business activities are carried out.
A foreign company who is seeking to execute a contract with the Qatari Government is able to set up a branch office in Qatar provided they adhere to the regulations of setting up a Foreign Branch Office.
Here are the key considerations and requirements to set up a branch office in Qatar.
The key documents required to Set Up a Branch Office in Qatar
How to open a Branch Office in Qatar?
For more details on the specific steps and requirements to set up a Branch Office in Qatar please read our detailed article here: www.vpqatar.com/blog/2020/01/foreign-branch-office-qatar
How can Venture Partner Qatar help?
Setting up a Branch Office in Qatar is an attractive prospect for businesses, however, the process can often be time consuming and complex. Venture Partner Qatar can offer a hassle-free solution by providing reliable support to set up your company in Qatar by taking care of processes and the documentation required. Contact us using the form below for further information.