When it is about starting a company in Qatar, a virtual office is one thing that you may always think about because it is easy and cost-effective. However, an actual physical business address, local mobile or phone number, the presence of a receptionist will help your business create an impactful local company. Moreover, it would add value to your business. Plus, the process is even more cost-effective.
Around the world, especially in Europe and the USA, virtual offices are trendy among businesses, especially those who want to set up shop in the country. But that is not the case in Qatar. In Qatar, a virtual office by a foreign business is not allowed. As foreign investors who want to set up a company in Qatar, it is essential to have a local presence in the form of a physical office and local staff.
Qatar has strict rules on setting up a business, and mere virtual presence is not enough. The main requirement of the Qatar government is that the business owner should possess a minimum of 12 months of the agreement for a physical office within Qatar. But indeed, there are various ways you can run your business in Qatar. Multiple companies can help you gain access to the business market in Qatar and create a conducive environment for new companies and startups to open and operate their business with ease in Qatar.
Therefore, to set up a company in Qatar, you need to follow the guidelines mentioned by the Qatari government and procure the necessary legal and government paperwork and documentation that ensure the smooth functioning of the business in Qatar.
To begin with, let us check out the ins and outs of company formation in Qatar:
Apart from these main requirements, there are also certain specific requirements that the business needs to follow for setting up a company in Qatar. These include obtaining the necessary Civil Defence Approval or the Fire Safety Approval from the Qatari Authority. In addition, the business has to submit the required documents and the paperwork to ensure they are fire safety compliant and follow the rules for doing business in Qatar.
Moreover, businesses need to focus on obtaining and submitting the correct documentation to achieve their Trade Licence, which is a crucial document for companies that want to start a business in Qatar.
The best part about starting a company in Qatar or selecting an office space for your physical office is that Qatar has numerous options for fully serviced offices. These offices are fully furnished and have all the necessary amenities to run the business efficiently. You just need to book the space and enter into 12 months of agreement minimum to run a business in Qatar.
Serviced offices are a ready-to-start option, wherein you just need to enter the space and start your work. You do not need to worry about procuring the necessary hardware and software. Everything will be available to you, ready at hand. This saves your precious time and also allows you to make more efficient use of your resources. The best part about fully serviced offices are that it dramatically limits or eliminates any kind of extra expenses that may get incurred due to delays in setting up an entire office in Qatar.
Knowing the details of setting up a company in Qatar will help you plan your business step up efficiently and protect you from incurring losses or extra expenses while setting up the business. If you want to know more about starting a company in Qatar, you must contact AAIQA today.