How to Start a Business in Qatar?
Posted on May 13th, 2014Qatar, with its endless possibilities and robust economy is the best destination for starting your new business. The country is sure to offer you various facilities and benefits for your endeavors. However, you need to understand the different nuances of Qatar law, before opening a business in Qatar. Read on for more information.
How To Process Business Registration in Qatar
Posted on May 5th, 2014If you are planning to leverage the benefits of the excellent financial environment in Qatar for your business, you could not have chosen a better time. The development strategies adopted by the Qatar government has helped in building a financially robust and progressive economy. The government’s offer of incentives welcoming investments coupled with the stable political and social climate of the country have helped in creating an encouraging environment for your foray into its opportune economy. If you have already started thinking about how to start a business in Qatar and do not know how to start the ball rolling, take a look at some useful information on registering your company.
Business Startup in Qatar – What You Should Know!
Posted on April 22nd, 2014While drawing up plans for your new investments, have you considered the possibility of a business startup in Qatar? If you are still wondering how to start a business in Qatar, then take a look at the reasons given below to start looking at this country as a serious contender.
Qatar Labor Laws and Regulations
Posted on July 29th, 2013Despite its small size, Qatar continues to be a magnet for business and investments not only from the region, but also on a global scale. Qatar Labor Law has played a key role in the country's development to date, and will continue to be a critical component of Qatar’s growth moving ahead in trying to recruit and retain human resources.
Progress Towards a Single Financial Regulator in Qatar
Posted on June 11th, 2013Since the establishment of Qatar Financial Centre (QFC) in 2005, the financial services sector in Qatar has been subject to the supervision and regulation of two separate and distinct jurisdictions comprising the laws of the State of Qatar and the regulations and rules of the Qatar Financial Centre. The idea of having a comprehensive, integrated and effective regulatory framework became therefore primordial.
The plan for a unified market watchdog in Qatar is not new. It was first announced in 2007. The idea was to combine the Qatar Financial Central Regulatory Authority (QFCRA), the Qatar Financial Market Authority (QFMA) and the Qatar Central Bank (QCB) into one entity for the purpose of attracting more international financial services companies.
Ras Al Khaimah Offshore
Posted on June 11th, 2013Ras Al Khaimah (RAK) is one of the fastest growing emirates of the United Arab Emirates. It is renowned for being a transparent, tax-free and corruption-free location. Ras Al Khaimah’s booming economy and proximity to other major international centers has attracted hundreds of large, medium and small international businesses.
RAK Offshore now makes it possible for non-resident corporations, entrepreneurs and individuals worldwide to start and operate an offshore business with the easiest and most cost effective ways. It provides a strong yet flexible regulatory framework based on global best practices, along with other numerous advantages:
Qatar Science & Technology Park Overview
Posted on June 7th, 2012As part of Qatar Foundation, Qatar Science & Technology Park (QSTP) was established by virtue of law No. 36/2005 (the Law). QSTP is a home for technology-based companies from around the world such as GE, Rolls-Royce, ExxonMobil, Microsoft, Shell, Total. On April 2012, FASI, the largest insurance company in Italy, has signed an MOU with QSTP. This MOU outlines, among other things, collaboration initiatives between QSTP and FASI to exchange relevant information on preventive medicine with a focus on heart disease and diabetes. QSTP also acts as an incubator for start-up enterprises involved in the development or transfer of technology and offers many programs that help investors develop and commercialize their technologies. QSTP’s members execute, broadly speaking, applied research and deliver commercial technologies in the areas of environment, health sciences and information and communication technologies.
Conventional vs. Islamic Financing
Posted on May 7th, 2012Qatar may seem small, geographically, but in commercial terms it is a rising giant. Qatar's banking sector is in rude health, as evidenced by the Gulf emirate's position as the regional leader in terms of bank lending growth. Qatar's banking sector is monitored by the Central Bank of Qatar (QCB) that handles redemption of the country's currency, controls monetary policy and monitors the banking system. Qatar, where conventional and Islamic banks operate, has a buoyant and increasingly diverse banking sector catering for the needs of all kinds of customers. Additionally, the estimated 15-20% annual growth rate of Islamic services has encouraged conventional banks to open Islamic branches or Islamic windows to accept Islamic deposits and operate Islamic finances. However, this overlapping nature of non-Islamic and Islamic activities is set to end, which will have a significant impact on the banking sector development.
Official Launch
Posted on May 7th, 2011The official launch of Al-Misnad Law is scheduled for May of 2011.
With our headquarters situated in the heart of Qatar's West Bay district, Al-Misnad Law operates regionally, via our locally licensed offices or through our professional affiliations with a vast network of law firms across the Middle East and Africa. At Al-Misnad Law, our edge is found in our strong client-driven approach. We emphasize the importance of communication and this is why we assign a specific contact person for each client to ensure our clientele can speak to their lawyer regarding the latest developments in their file, at any time.