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Company Setup in Qatar

With a rapidly expanding economy and a progressive growth plan, Qatar definitely offers a wide range of investment opportunities for companies in the years to come. Qatar has a variety of multi-tiered investment options as a result of the nation’s progressive economic policies, drive for infrastructure expansion, and commitment to revenue diversification.

Are you planning to setup a business in Qatar?

There are several types of companies in Qatar.  The company types are similar to those of the neighboring Gulf-Countries.  The majority of our clients choose the LLC that requires a local share holder (51%). After having an understanding of your plans and your goals, we will be able to make suggestions on what types would be the most suitable for you.

Common types of company registration in Qatar

• Limited Liability Company (LLC)
• Branch Office & Subcontractor
• Representative Office
• Free zones – QFC, QFZ
• Joint Stock Company
• Sole establishment
• Holding Company

Our experienced lawyers offer a free case evaluation.

Employee Leasing / Outstaffing Services in the GCC Region

Entering a new market venture is a game-changer, especially when deploying your workforce directly in the GCC region. If establishing a legal entity seems premature but you wish to harness the impact of having your own employees operating across the Gulf Cooperation Council (GCC) countries, Meena Business Consultancy Services has a tailored solution for you. Our clientele attests to the success of employee leasing, particularly for functions like sales & marketing, business development, distributor management, and service & maintenance.

Employee leasing offers a rapid, adaptable, and seamless solution. It allows for a smooth transition to your subsidiary when your business expands and also provides a swift exit strategy if needed. By entrusting administrative tasks and local requirements to us, our clients can concentrate on their core business development without distractions.

Key Features of Employee Leasing with Meena Business Consultancy Services in the GCC Region:

– Fast, flexible, and smooth entry into the GCC region,

– Complete control over business development with a dedicated team

– Ideal for building, managing, and supporting distributors and key accounts

– Customized recruitment to align the local team with your corporate culture

– Freedom from time-consuming local administrative tasks

– Seamless market exit when required

– Integration of your employees with motivational events

– Professional business environment with a dedicated office space

Scope of Employee Leasing / Outstaffing Services in the GCC Region:

Our comprehensive services cover every aspect of employee leasing across the GCC countries:

– Client-specific search & selection.

– Negotiation of employment conditions and contract conclusion.

– Recruitment and employment handled by Meena Business Consultancy Services’ local partners in each GCC country.

– Provision of work and residency permits for the respective countries.

– Negotiation and payment of health insurance in compliance with local regulations.

– Professional payroll accounting within international standards.

– Expense and allowance management with client approval.

– IT infrastructure supply, including laptops, landline phones, and mobile phones.

– Support for travel visas and international health insurance.

– Mailing services.

– Work reports and KPIs

Why Entering the GCC Region is important for your business growth:

The GCC region serves as a strategic hub, boasting economic diversity, political stability, developed infrastructure, and a favorable business environment. Key points include:

1) Economic Stability:

– The GCC countries, including Saudi Arabia, the United Arab Emirates (UAE), Qatar, Bahrain, Oman, and Kuwait, exhibit strong economic stability. Their economies are largely driven by oil and gas, but concerted efforts are being made to diversify into various sectors, ensuring resilience against fluctuations in commodity prices.

2) Strategic Location and Connectivity:

– Geographically situated at the crossroads of Europe, Asia, and Africa, the GCC region serves as a strategic hub for businesses. With modern and well-connected transportation infrastructure, including major airports and seaports, it offers seamless access to global markets.

3) Business-Friendly Environment:

– Many GCC countries have implemented business-friendly policies, providing a conducive environment for foreign investments. Incentives such as tax exemptions, simplified business registration processes, and various free zones make it attractive for companies looking to establish a presence in the region.

4) Diversification of Industries:

– The GCC is actively diversifying its economies beyond oil and gas, with a focus on sectors like tourism, technology, finance, healthcare, and renewable energy. This diversification provides opportunities for businesses across a wide range of industries.

5) High Standard of Living and Skilled Workforce:

– The GCC nations boast a high standard of living and have invested significantly in education and skill development. This has resulted in a skilled and multicultural workforce, making it easier for businesses to find talent across various sectors.

These factors collectively contribute to the attractiveness of the GCC region for businesses seeking opportunities in a dynamic and evolving market.

Legal

Doing business in a foreign country makes it necessary to be familiar with the legal framework in the target jurisdiction. The understanding of the jurisdiction you would like to operate in, is crucial in order to secure your rights properly and comprehensively when entering into contracts with suppliers, customers and especially with commercial agents in the foreign jurisdiction. Each kind of contractual relationship has to be evaluated on the basis of the law applicable to that relationship. As a matter of fact, a significant attention has to be drawn to the applicable laws and the competence of Qatar courts.

Another scenario might be that a foreign company decides to assign one of its´ employees in Qatar in order to represent the company´s interests in the region, to promote and market the products in order to access the region’s opportunities or to extend an already existing business. However, the assignment of employees in the region has to follow the legal requirements of the residency- and the labor law, considering that an employer has to fulfil the function as a sponsor for that particular employee, providing the employee with an entry permit and a labor contract under Qatar’s law.

However, our experience shows that most of the employers are not sufficient familiar with the labor regulations in force, especially with regards to EMPLOYEE DUTIES, CONFIDENTIALITY, NON-DISCLOSURE OF COMPANY KNOW-HOW AND NON-COMPETITION regulations.

Meena Business Consultancy Services and its cooperation partners with more than 20 years of experience in the market are able to provide you with a high-level legal support and to meet all your requirements. The following legal services are provided out of one hand:

• Corporate & Commercial Law
• IP Rights and Media Law
• Real Estate Law
• Tax Law
• Employment Law
• Distributorship & Franchise Law
• Merger & Acquisitions and Joint Ventures
• Foreign Trade & Legal Compliance
• Investment and Market Entry
• Litigation and Alternative Dispute Resolution

Export Loans & L/C

Are you looking for export financing?

Finding suitable banks for buyer credits and confirmed LCs isn’t always easy, whether you are looking to finance your imports or are helping your buyer find inexpensive financing. This applies especially to shipments to emerging and developing countries. Our large selection of international banks ensures that you can find inexpensive financing even for difficult markets.

Would you like to simplify your search for financing?

Time is money. E-Mails and telephone calls lead to long communication chains and appointment coordination between you and your (core) banks.
What if you could forego this tedious back and forth and also save time by being able to control and analyze your financing all in one place?

Your Benefits at a Glance

When it comes to efficiency, digital platforms are unrivaled. This is why we together with our partner support, a fully automated digital marketplace. It simplifies the process of finding and analyzing financing offers.
Both experienced buyers and suppliers can make financing requests.
The marketplace was developed in close co-operation with a dozen reputable machine and plant manufacturers. Particular emphasis was put on the security of our infrastructure.

What are the conditions and fees for receiving an export loan or a confirmed L/C?

Administration fees:

1. Buyer – free of charge
2. Seller – Export loan 249 Euro per inquiry and for L/Cs 99 Euros per inquiry

Conditions:

1. A) Products and services from Western Europe to Emerging markets are eligible
2. B) Buyer credits starting from USD 5 million and a minimum term of 4 years or
3. C) Confirmed LCs of at least EUR 100,000 with a maximum term of 360 days
4. D) Products and services from exporters (companies) known to European banks (e.g., Siemens,

GE, SMS, Kaeser, Aerzener Maschinenfabrik etc.)

or

1. E) Borrower is a local Treasury or Energy Department or
2. F) Borrower is one of the 3 largest energy companies in the country or
3. G) Borrower is a larger company (sales at least (!) USD 50 million) and has an irrevocable / objection-free Payment guarantee, i.e., from one of the 3 largest energy companies in the world
4. H) For an L/C: the opening bank must be one of the three best banks in the country

Due Diligence

Our due diligence services include independent investigations in the target company’s operating qualifications, operating status, financial status, background of management staff, market risk and management risk. In addition, we conduct comprehensive review of the target company’s compliance with respect to its normal business processes. Examples include whether the target company and its internal staff, shareholders and senior management are involved in adverse litigation, corruption and bribery, and understanding the background of the target company’s investors.

Our due diligence reports are relied on by a wide range of industries. They help customers undertake compliance management, assess their partners’ compliance risk and serve as important basis for collaboration with business parties.

We leverage on our advance data, comprehensive and reliable data source as well as our team of experienced professional to conduct objective, full and comprehensive business data such as to help business decision-makers to avoid working with organizations with irregular operations, thereby preventing them from incurring financial loss or even legal penalties or administrative fines. Enterprises can rest assured that their business dealings with partners can grow in a reliable and healthy

Investment & Risk

Institutional and Corporate Risk

Comprehending the corporate risk landscape, particularly in emerging and frontier economies, is key in order to create resilient and sustainable organizations in a volatile environment. We help organizations to develop and adopt robust risk frameworks and to pursue safely their business operations shielded from jurisdictional, regulatory, compliance, sanction and contentious matter risk based on our deep understanding of target market challenges.

Corporate Structuring and Restructuring

Building the right corporate structure and restructuring obsolete or incomplete structures is key for organizations to remain agile and competitive in the market. We advise organizations on their corporate (re-) structuring requirements in line with local jurisdictional and regulatory frameworks and best practice to suit optimally their particular business structures, growth ambitions and protect against organizational and external risks.

Corporate and Family Governance

Developing and adopting practical relevant corporate and family governance frameworks is essential in often challenging emerging and frontier markets to maintain resilient, sustainable and accountable organizations. We help to develop and integrate based on the concrete organizational needs effective corporate and family governance structures enabling proactive, transparent, responsible and efficient governance frameworks.

Family Business Succession Planning

Family businesses constitute in most of the emerging and developing countries the backbone of the local economy. Preservation and nurturing of family businesses successfully throughout generations is difficult and requires prudent and proactive management skills and an early adoption of appropriate family succession frameworks and processes as the foundation of a sustainable and resilient family business for succeeding generations. We help family businesses in designing and implementing customized family succession frameworks and governance structures addressing among others portfolio management policies, dynamic family forums and policies, robust ownership and holding structures, comprehensive family constitutions, active wealth management frameworks and a forward-thinking succession planning to enable family businesses to flourish for future generations.

Political Risk and Intelligence Analysis

Understanding geopolitical trends that shape government policies and strategies are crucial ingredients of complex decision-making processes especially in volatile emerging and frontier markets. Anticipating and managing political risk impacting organization’s business is essential before making far reaching decisions. We help our clients to comprehend complex geopolitical trends and policies by providing critical insights on underlying political drivers and unapparent factors. We gather and analyze rigorously intelligence and information to relevant political subject matters to enable informed decision making by our clients.

Political Country Risk Profile and Analysis

In today’s fast evolving political landscape and drastic paradigm shifts organizations need to encompass the ability to comprehend complex political policy trends in the mid to long-term to make informed and sustainable decisions. We help our clients to understand micro and macro geopolitical developments based on profound analysis of gathered intelligence and underlying factors substantially forming government policies and political decisions. We provide organizations with specific political country risk profile reports, periodical updates, threat assessments, insights to regional geopolitical developments and analysis to specific political topics essential for our clients’ prudent decision making.

Specific Intelligence Reports and Analysis

We render specific intelligence reports and analysis for our clients to selected matters which require a deep assessment and understanding in areas where reliable information are not easily available. Our analysis adds significant value in the decision-making process of organizations and often shortens timelines.

Business Intelligence Analysis

Access to valuable business intelligence for market entrants or investors is essential in order to define relevant and effective business, corporate or growth strategies. Our team supports organizations with accurate and insightful information and analysis to allow them to adjust or redefine their strategies and corporate policies and to increase their effectiveness.

Economic and Financial Risk Analysis

We provide our clients with economic updates, trends and insights to specific target markets, macro-economic developments, and governmental economic policies highly relevant for organizations long-term and strategic planning in emerging and developing markets.

Economic Outlook and Financial Risk Analysis

Reliable budget planning and effective growth strategies are often not possible without understanding economic drivers and government economic policies. We provide periodical economic outlooks and trends to selected markets, regions and industries allowing clients to generate more accurate forecasting and scenario planning.

Industry Specific Economic and Financial Risk

Reliable budget planning and effective growth strategies are often not possible without understanding economic drivers and government economic policies. We provide periodical economic outlooks and trends to selected markets, regions and industries allowing clients to generate more accurate forecasting and scenario planning.

Risk Management & Crisis Response Plan

Proactive risk management and development of practical relevant crisis response plan contributing to the safeness and resilience of organizations is essential not only in challenging and risky jurisdictions but also in highly regulated and developed economies.

Risk Analysis and Risk Mitigation Measures

While developing an adequate and comprehensive risk management framework for our clients, we analyze organization’s overall risk profile and particular industry related risk factors by conducting a rigorous due diligence process of all specific business sectors to identify threats and to define effective corporate policies and strategies eliminating or mitigating risk.

Developing Crisis Response Plan and Active Management of Realized Risks

Maintaining an effective crisis response plan is crucial in managing and coordinating in an organized manner effectively realized risk or threats. The ad-hoc development of a crisis management plan once the threat has been realized is often too late, will create incomplete results or cannot be implemented efficiently in a short period. We help our clients to design effective and applicable crisis response plans allowing organizations to manage actively realized threats and to mitigate risk impacts.

Enterprise Risk Management Training

We render to our client’s comprehensive enterprise risk management trainings detailing the process and best practice in designing and implementing effective enterprise risk management frameworks appropriate for organizations specific requirements.