Business center is a serviced office which offers the facilities and infrastructure to run a company on an all-inclusive basis. It saves investors the expense of renting an independent office which would require substantial capital to establish and furnish. Furthermore, monthly recurring expenses such as telecommunication services, office supplies, kitchen fees, insurance fees and delivery costs can be avoided.
Qatar is a business hub with one of the fastest growing economies in the Middle East. This is partly due to its rich natural resources, including petroleum and gas, as well as its thriving industries such as agriculture, education, tourism and healthcare. It is also a great location for foreign companies to base their regional operations, especially those in the field of finance and banking.
In order to start a business in Qatar, foreign entrepreneurs must first set up a private limited liability company. The company must have a minimum authorized share capital of QAR 200,000 and two shareholders. In certain sectors, the Minister of Economy and Commerce may grant permission to increase the number of foreign investors’ shareholding up to 100%.
The company must also obtain a trade license and must be registered in the Commercial Registry (CR). All official documents must use Arabic language, except for service lists and product labels which can be written in English on a case-by-case basis. It is recommended that businesses establish a local bank account in Qatar to facilitate payments, however, it is not mandatory.
Employees in Qatar enjoy excellent working conditions with paid sick leave, maternity and parental leaves, and free public healthcare. Women can also take 50 calendar days of maternity leave at full pay. Additionally, the country has a wages protection system in place which requires employers to deposit employees’ salaries once a month or every two weeks into their local bank accounts.
US-Qatar business relationships have grown significantly since the formation of the United States Qatar Business Council (USQBC) in 2005. USQBC is the leading business organization promoting and strengthening trade between the two countries. This is achieved through various events and matchmaking initiatives, as well as business forums and conferences.
Business centre in Qatar
There are a wide variety of offices for rent throughout Qatar, which are fully furnished and equipped with modern IT systems. Many of these offer meeting rooms and a receptionist to answer phone calls and greet guests. Moreover, some also provide secretarial support and catering services.
Located in the heart of Doha’s financial district, our Shoumoukh Towers business centre is ideal for professionals looking for a stylish and prestigious address. This prime location is home to a range of multinational corporations in sectors from oil and gas to aviation and tourism, and it’s just a short drive from the city’s best restaurants, hotels, and shopping centers. Business center in Qatar