COMPANY FORMATION & PARTNERSHIP
At BBMS, we ensure our clients go through a quick and smooth incorporation process, from establishing a local partnership through registration and obtaining the required licenses. Through our extensive network of connections and government relations, we perform a streamlined operation that gets companies running quickly and ready to start doing business.
The BBMS team advises clients on the most suitable type of company to choose for their business, and offers recommendations based on years of experience in establishing companies in Qatar. The most common types of companies to set-up in Qatar are
The different types of companies listed above go through a stringent registration process owing to their unique function and purpose of operation. Out of these, the most commonly registered company is the Limited Liability Company.
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Can I be a shareholder in another company whilst still working at my job?Yes, you are permitted to be a shareholder and listed as an authorized signatory of a company in Qatar whilst holding a Qatar ID under another company. However, please note, that we would recommend that you check the terms outlined in your employment contract as to whether your employer permits it. Furthermore, please note that, if you are an expatriate and wish to be added to the Establishment Card of the company in Qatar, you would first need to transfer your sponsorship to the company. Without being listed on the Establishment Card of the company, you may face challenges in signing certain documentation.
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Do you help individuals with their PRO services?BBMS are licensed specialists that can provide ongoing PRO/Mandoob Services. In many cases, to conduct the work, we are required to be engaged formally by an individual’s employer. However, in certain circumstances, BBMS can assist an individual with their family based requirements.
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How far in advance can I renew my Residence Permit?It is possible to renew a Qatar ID (QID)/Residency Permit up to six months in advance of its expiry date. However, in most cases, companies shall wait until closer to the expiry date of QID prior to completing the renewal process. Should your company require assistance with renewing your employees’ Qatar IDs, or other PRO and Visa Solutions, please don’t hesitate to contact us.
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If I have a 51% local partner, would I still be in full control of my business?"Although the Qatar law requires 51% of the shares in a LLC be held by a Qatari in his individual capacity or by a 100% Qatari owned company, full control of the business, finance and day-to-day decision making is lies with the 49% shareholder or the foreign party.
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What happens if I've been out of the country longer than 180 days?Your Qatar ID will be automatically de-activated from the system, thus you would be no longer allowed to enter the State of Qatar on your QID. If this happens, there is an option to apply for a “return permit” to Qatar. If approved, a return permit would allow you to enter Qatar with the return permit and re-activate your QID. However, if you choose to leave the QID de-activated, please note that this will still need to be cancelled by your employer/sponsor in order for the Qatar ID information to be removed from the Ministry system and employer records.