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Overview

Qatar increasingly impacted by international tax developments and wider economic trends
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A new tax law was introduced in Qatar with effect from January 1, 2010. Since then, we have seen significant changes by the Qatar Tax Department (QTD) in its interpretation of specific provisions of the law and developments in the way it is implemented. There has been some official written guidance on this, in particular the issuance of circulars, but trends have also been observed through our practical…

Overview

Rules governing foreign investment and company registration in Qatar
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Companies intending to carry out business in Qatar must have a legal presence in the state. This may be by virtue of a company, branch office, trade representative office or agency relationship. Incorporating a company is usually the most suitable approach if the foreign investor intends to have a long-term presence in Qatar. The type of company to be incorporated depends on various factors. According…
Interview

Sheikha Hind bint Hamad Al Thani, Vice-Chairperson and CEO, Qatar Foundation (QF): Interview
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Interview:Sheikha Hind bint Hamad Al Thani The year 2015 marked QF’s 20th anniversary. What impact would you like Education City to have in the next two decades? SHEIKHA HIND BINT HAMAD AL THANI: QF was founded to nurture a culture of excellence through the pursuit of lifelong learning, to help achieve sustained growth for Qatar and its people, and to widen horizons and offer opportunities…
Interview

Sheikh Joaan bin Hamad Al Thani, President, Qatar Olympic Committee: Interview
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Interview:Sheikh Joaan bin Hamad Al Than Can you outline Qatar’s vision for the development of a sports economy? SHEIKH JOAAN BIN HAMAD AL THAN: Qatar is a nation passionate about sport. We believe in the power of sport and its ability to touch every area of a nation’s development. This is why it is a fundamental part of Qatar’s National Vision 2030. Through investment in community programmes,…
Interview

Sheikh Abdullah bin Nasser bin Khalifa Al Thani, Prime Minister and Minister of Interior: Interview
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Interview:Sheikh Abdullah bin Nasser bin Khalifa Al Thani How do you assess progress to date in terms of promoting local private sector participation? SHEIKH ABDULLAH BIN NASSER BIN KHALIFA AL THANI: Overall, we are pleased with private sector participation, but it is obviously a work in progress. It should come as no surprise that developments in the global economy have affected the climate…
Interview

Yousuf Mohamed Al Jaida, CEO and Board Member, Qatar Financial Centre Authority: Interview
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Interview:Yousuf Mohamed Al Jaida How has the Qatar Financial Centre (QFC) worked to attract professional services firms to Qatar? YOUSUF MOHAMED AL JAIDA: In 2015 the QFC licensed twice as many firms as in 2014, and it continues to attract a broad range of companies, both international and local. Around 30% of our licensed firms are local. We also looked at ways to expand the QFC’s value…
Interview

Fahad Rashid Al Kaabi, CEO, Manateq: Interview
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Interview:Fahad Rashid Al Kaabi Where do the special economic zones (SEZs) stand in terms of their construction timelines, and what are their projected opening dates? FAHAD RASHID AL KAABI: Manateq has three SEZs under its mandate at present, located throughout Qatar. The first SEZ, Ras Bufontas, is located adjacent to the new Hamad International Airport and covers approximately four sq km.…
Interview

Sheikh Ahmed bin Jassim bin Mohamed Al Thani, Minister of Economy and Commerce; and Vice-Chairperson, Qatar Investment Authority: Interview
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Interview:Sheikh Ahmed bin Jassim bin Mohamed Al Thani What does the Ministry of Economy and Commerce (MEC) plan to do to reduce red tape and attract foreign direct investment (FDI)? SHEIKH AHMED JASSIM BIN MOHAMED AL THANI: As you may be aware, Qatar has taken considerable legislative measures designed to strengthen the foreign investment framework. These measures fall under two main pillars:…
Interview

Saleh bin Mohamed Al Nabit, Minister of Development Planning and Statistics: Interview
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Interview:Saleh bin Mohamed Al Nabit What recommendations should be considered in regards to policy development for the National Development Strategy (NDS) 2017-22? SALEH BIN MOHAMED AL NABIT: There are a number of important issues that will be considered in the process of creating the next NDS, for 2017-22. With oil prices now at lower levels than previously anticipated, there will need…
Interview

Chrystia Freeland, Canadian Minister of International Trade: Interview
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Interview:Chrystia Freeland How is the new Canadian government looking to enhance bilateral trade ties with Qatar, in particular Canadian exports to the state? CHRYSTIA FREELAND: Our government is open to exploring new trade opportunities with countries around the world. Trade is vital to our economic success in the 21st century: to job creation, to a strong middle class, and to the prosperity…