ablcc_newsletter-December 2022

36 16 It provides an integrated set of incentives and more support to investors throughout their journey - from the conception stage to the operatition and expansion stage, giving them access to capital, and achieving sustainable growth, in a suitable, stable and encouraging environment. It no longer takes months or years to establish a business because of the single-window system, which gives the investor a sophisticated and hassle-free service to obtain relevant permits and licenses. This comprehensive system allows project owners and investors to submit their applications, pay fees, sign and update their applications via a single point. This significantly enhances procedures by cutting down paperwork and reducing time and costs. Establishment Options There are two options for registering a business prior to setting up a company in Qatar: company Registration: This occurs when the investor has not secured a location to start his business, and in this stage the investor can reserve the trade name and issue the commercial register of the company, but cannot commence business activities or submit a request to recruit or hire staff, until the trade license is issued. Comprehensive establishment: The investor registers his business using the company's trade name, commercial register and trade permit. The single window system issues all the necessary licenses to submit staff recruitment application and begin the business activity of the company. Steps for establishing a company: There are only three electronic steps that can bring your business idea to life: Filling the application .. Payment stage Signing the Establishment contract.. filling out the application .. Objective: Introducing the nature of the company's activity. Procedure: You will submit your company data in an electronic form that includes: Procedures of Doing Business in Qatar is constantly creating opportunities for international companies looking forward to establishing or expanding their presence in Qatar and the Middle East. This has become possible thanks to a robust reform agenda, an integrated set of resources, and a series of supporting factors, which together make up the most enabling business climate in the region. Qatar Procedures of Doing Business

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