Although the legal framework for Free Zones was published in 2005, the first active free zone was established in Qatar in 2018 along with the creation of the Qatar Free Zones Authority (QFZA).
Free Zones in Qatar were created as specific, specialised economic zones to encourage foreign investment into the country and boost certain business sector growth. Qatar is less aggressive than other GCC countries in its free zone offerings, with only 3 main jurisdictions. Two free zones and one financial centre.
All Qatar Free Zones allow 100% foreign ownership in most business activities, and because they typically have favourable tax benefits and unique features, it makes free zone set up attractive to foreign investors. Each zone has unique features which are highlighted for your information below.
How to Open a Free Zone Company in Qatar
The process to set up a free zone company in QFC, QFZ, or QSTP in Qatar will vary based on the documents required by the individual authorities for licensing and company registration.
Documents required for all:
- Passport copies of the shareholders and directors
- Proof of address
- Corporate documents (if a corporate shareholder)
- Trade Name Reservation
- Board Resolution
Other documents might include a business plan, CVs, proof of funds, and audited financial statements (if an existing company).
How Sovereign can assist with free zone set up in Qatar
As each free zone in Qatar has its own authorities, all licenses and visa services will be specific to the free zone.
Sovereign’s experience as a CSP in Qatar and within the free zones enables us to provide clients with the necessary support to set up for success. This includes company formation, entity registration, licensing, document drafting, visa quota/ visa allocations, staff and family visa applications, employee QIDs, and all the steps to set up your business and support you throughout its lifespan.
