100% Foreign Ownership in Qatar – Global Opportunities Unleashed in Qatar

July 4, 2023 | 4 min read
ENJOYED READING THIS ARTICLE?

Global Opportunities Unleashed in Qatar

Breaking Barriers, Maximizing Success: 100% Foreign Ownership in QATAR!

In every sector, Qatar currently permits foreign investors to take ownership 100%. HH Amir Sheikh Tamim bin Hamad Al Thani has made a significant decision by promulgating Law No. 1 of 2019 (“Law”), which governs the use of non-Qatari funds in investments.

Historically, a Qatari national (or a business entirely controlled by Qatari people) had to possess at least 51% of the share capital in order for foreign investors to make investments in the Qatari economy. This is no longer necessary in many situations according to the provisions of the said Law.

Key aspects of Law, among others, are the following:

  • Foreign ownership up to 100 percent is permitted in all economic sectors subject to specific legislation regarding commercial activities carried out by Non-Qataris and as determined by the executive regulations of the Law.
  • Certain activities remain excluded - namely banking and insurance (unless exempted by a Council of Ministers’ decision), commercial agencies and other sectors as decided by the Council of Ministers.
  • Foreign ownership limits in listed companies on Qatar Exchange have been increased to a maximum of 49 percent, subject to the approval of the Ministry of Commerce and Industry. This percentage can be further increased subject to approval by the Council of Ministers upon recommendation of the Minister of Commerce and Industry.
  • Most of the incentives previously granted under the Repealed Law remain the same, with a few changes.
  • Except for labor disputes, foreign investors have the right to refer their disputes to international arbitration or alternative dispute resolution processes.

MBG can guide you with respect to investment decisions in Qatar. With our multinational locations, we are your one stop shop to manage all your business investments in the GCC. Our expert team will assist you in business valuation, company incorporation, investment advisory, project feasibility study, accounting solutions and assurance services in Qatar. Contact us now to seize the global advantage.

Open chat
1
Hello 👋
How can we help you today?