Qatar freezone company

[A1988]

Finished the call with the rep, apparently they want my CV, past track record, set up cost is very reasonable, 20 year tax holiday is applicable with a certificate, good option if you can prove substance and dont try to show that you are choosing qatar only for 0 tax lol

 

[sinos]

Finished the call with the rep, apparently they want my CV, past track record, set up cost is very reasonable, 20 year tax holiday is applicable with a certificate, good option if you can prove substance and dont try to show that you are choosing qatar only for 0 tax lol

How to prove substance? Lol very difficult to setup

 

[Ancova]

Greetings!

From my own experience, opening a Qatar FZ company is such a headache. I would rather suggest another jurisdiction, based on what exactly your company would be doing.

 

[A1988]

Greetings!

From my own experience, opening a Qatar FZ company is such a headache. I would rather suggest another jurisdiction, based on what exactly your company would be doing.

It would be trading and light manufacturing or light production, do you know a better jurisdiction?

 

[Ancova]

It would be trading and light manufacturing or light production, do you know a better jurisdiction?

I would suggest Dubai in that case. 4 to 5 weeks you have everything from the company setup to corporate bank account for a fraction of what Qatar FZ would cost.

 

[A1988]

I would suggest Dubai in that case. 4 to 5 weeks you have everything from the company setup to corporate bank account for a fraction of what Qatar FZ would cost.

Dubai is not tax free, qatar gives an official 20 year tax holiday certificate, how is dubai less costly plus better?

 

[Checkmelater]

To me, it just looks like a serious jurisdiction wanting to understand its clients' business and ensure they comply with the regulations set in the country. Remember, it's a Muslim country, so it's normal they wouldn't accept a business that doesn't align with Islamic law. It seems like a precautionary measure to me. I believe Qatar has a different business model compared to Dubai. It doesn't seem complicated to establish a company there as long as your business doesn't contradict Islam.

 

[Ancova]

Dubai is not tax free, qatar gives an official 20 year tax holiday certificate, how is dubai less costly plus better?

I have many entrepreneurs from Qatar who establish a Dubai company with me because of the serious bureaucracy involved in Qatar.

In Dubai, you can set up a company including everything from around 30k AED in 4 to 5 weeks, and then only enter once or twice a year.

Try getting in touch with the Qatar Authority, will be a hassle. I am saying this at someone who used to work in government authorities in Dubai.

 

[369]

Anyone has some more experience gained with a Qatar FZ ?

 

[myhand]

Need to contact them and ask if your business industry is supported first.
I think if they accepted your business, bank account opening would not be a problem

Just until you get to it the trouble will start. Opening a bank account today is not without "problems" these days not even in qatar!

 

[Checkmelater]

Any news for FZCO in Qatar ? E commerce business with certificate 0 corporate tax ?

 

[sinos]

Any news for FZCO in Qatar ? E commerce business with certificate 0 corporate tax ?

Why not Dubai? They have changed rules for Free Zones lately.

 

[Checkmelater]

Why not Dubai? They have changed rules for Free Zones lately.

Still 9% tax bro and banking here is very difficult

 

[sinos]

Still 9% tax bro and banking here is very difficult

What industry are you in? IP license/sale/lease is now 0%, IP includes software and lot of other stuffs. Any deal with a non-free zone entity is 0%, provided the transaction is for qualifying activity. Many more updates coming.

I really miss @Fred , he was right after all.

 

[Checkmelater]

What industry are you in? IP license/sale/lease is now 0%, IP includes software and lot of other stuffs. Any deal with a non-free zone entity is 0%, provided the transaction is for qualifying activity. Many more updates coming.

I really miss @Fred , he was right after all.

I’m doing e commerce with natural persons outside of UAE and GCC, still 9% I think ?
I’m selling services online

 

[ecool]

What industry are you in? IP license/sale/lease is now 0%, IP includes software and lot of other stuffs. Any deal with a non-free zone entity is 0%, provided the transaction is for qualifying activity. Many more updates coming.

I really miss @Fred , he was right after all.

so SaaS would be a qualifying activity? It's not clear to me

 

[sinos]

I’m doing e commerce with natural persons outside of UAE and GCC, still 9% I think ?
I’m selling services online

yup, b2c ecommerce is 9%

so SaaS would be a qualifying activity? It's not clear to me

SaaS would qualify, but you should have either created/modified/enhanced it in some ways

 

[hanoib]

Anyone that has done the Qatar FZ setup? If yes, please let us know.