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how to start business in Qatar?

I'm a Chinese now in Dubai and I'm planning to go Doha to start decoration material (such as flooring and wall paper) business there. If you could spend some time to let me have the answers of the following queries, I will be very grateful:
1. What's the procedures for a visitor to register a company there and how long it will take? what's the cost?
2. How long it'll take to apply a visa for the company employee?
3. Could you also please let me know roughly how much it will cost for the showroom (per sqm)? Please let me have the rate in the downtown area and urban fringe. If I take the shop near the edge of the city, is there any key money I have to pay?
4. How much I have to pay to the sponsor each year?
You may post your answers here so that everybody can share or you can write me by email. My mail is cydsir/-a-t-/gmail.com. Thanks a lot.
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rayyz said
That's one big showroom ...That's one big showroom you're looking at my friend.
1 Square meter???
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2900 QL Points
Way to go Ray!
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marycatherine said
I think he`s looking for the ...I think he`s looking for the price per square metre
the-birdie said
showroom space ...what is there so funny to tease his Chinese English ?
He was asking just "per" square meter.
Instead of "per" he used "1" sq metr, I think
cazei said
Hi, I am also in the process ...Hi,
I am also in the process of setting up my own business here, although in a different field, I am offering communication coaching.
However, I have made some inquiries and it seems that there is no specified amount that you have to pay the sponsor. Any Qatari can sponsor you and it is up to them what they charge you. I have heard that a lot of them go for a percentage of your revenue rather than a fixed amount...
Sorry, I don't know the answers to your other questions yet. Would like to know myself...
cydsir said
the-birdie, thank you ...Yes, I want to rent a showroom there and would like to know how much it'll cost per square meter.
cydsir said
sorry for the confusion ...thanks for your attention. I want to know how much it will cost per sqm.
cydsir said
thanks, Cazei ...thanks, Cazei.
As you may know, in UAE most sponsor charge the service at a fixed amount rather than percentage basis since they don't know how much the revenue is.
Here comes my question: how does Qatari know the profit of the company that he sponsors? thanks.
princess habibah said
I would be curious to know ...I would be curious to know if the Qatari sponsor can change his charge when and how he/she likes? Are there any contracts that can be written to have the percentage fixed amount written in stone?
Maryum : Umm Hasan bint Abdullah Alshabrawishi
Sara Haj Omar said
We do have a business in ...We do have a business in Qatar and we have been with 2 Sponsors.
There is no definite guideline, it all depend on what you want, how you negotiate.
If you need help, PM me as I think our sponsor is very reasonable.
There are times when it is easier to use an existing registered business rather than starting a new one. Save time and also, a sponsor could be a good factor in generating business.
Sara
cydsir said
To Sara Haj Omar ...Dear Sara, Please let me have your email or mobile. I'd like to have more information about using an already existing company. My email is cydsir/-a-t-/gmail.com. Thanks.
rajesh9992 said
looking for sponsers ...hai sara, can i have your email id.. i have some doubts regardng starting a new business.. please provide me ur email id.. or mail me rajesh9992/at/yahoo.com
naddu4u said
sponsorship ...The norm of qatari sponsorship laws are basically the sponsor has a 51% share in ur business and you have the rest 49%, there were a few amendments in the law but its all again in the favour of the sponsor.
Sometimes you might find few qatari sponsors who are more generous and probably would only charge you with a fixed amount as fees, But on the whole dont expect much from doing business in doha. The rules are pretty much blurred here, and its not exactly easy to get hold of any good sponsor. But neways best of luck.
Sara Haj Omar said
Dear Cydsir, sorry due to ...Dear Cydsir, sorry due to Ramadan I was not regularly openning my track.
You can e-mail me at dic.bsl/-a-t-/gmail.com
Anytime,
Sara
Sara Haj Omar said
Sure ...Sure Rajesh...dic.bsl/-a-t-/gmail.com
Sara
khalifk said
Business in Qatar ...Salaamz
Hi
I am new to Qatar I have heard of a law reqarding 100% Foreign Ownership but legal advisors told me to better go for Qatari Sponsership because it takes 20-25 days for forming a LLC company in Qatar. We have to deposit 200,000Qrs in a bank a/c which can be latter used for company affairs etc. and about 30-40 grands for legal documentation and expenses. Some Qatari's prefer percentage in profits and some prefer fixed charges for sponsorship. It basically depends a lot on the type of business and your expertise. If you are not totally confident with what you are doing go for a profit sharing sponsor who will get you good business leads and contacts in a way helping you get business. If you know your business profitability and think you can pull it off all by yourself here in Qatar than go for a qatari ready with fixed sposorship charges, who will mind his own things and leave you alone with your business.
Real estate is exhorbitantly expensive in Qatar for sure. You have to hunt a lot to find a good deal.
After everything else in business it is very important How well you negotiate. And trust me Arabs are tough to negotiate so be 100% prepared with bargain skills and uptodate homework.
Khalid.
keshav59 said
princess habibah ...Even I am looking forward to ask the same question which you have raised. I guess there are no relevant answers for this question. If you found answer by now, please do help me to safeguard my interests with my sponsor.
humzafar said
If you want start a company ...If you want start a company you need a local sponsor (51:49)
(100% percent foreign ownerships are for big companies and projects, there are some minimum investment confirmations or some special permission from ministry for that)
Nothing can guarantee the 51% that you don’t own.
One safest option is find some Qatari investor who is ready to invest 51% so what is legally in his name is actually his.
Most of the good Qatari sponsors go for percentage for sponsorship of companies: but here is some clarification to the above posts, as far as I know, mostly it is not percentage of profit, it is of turnover.
That is the revenue in the bank, ranging from 3 -10 or even 15% depends on your expected sales turnover and relations. If you are doing a cash retailing I am not sure.
There are legal ways to restrict the sponsor’s interference in taking over control of the company once you are well established, consult a good lawyer before making the WLL agreement.
In UAE the parallel contract made between the sponsor and foreign partner regarding the actual investment confirmation and ownership rights may get validity at times. But in Qatar it is illegal, it is as good as cheating the government.
All the best