How many Free Zones are there in Qatar?
two Free Zones
Qatar has two Free Zones currently under the Qatar Free Zones Authority (QZFA), responsible for the growth and regulation of Free Zones in Qatar. The Free Zones are namely Ras Bufontas Free Zone and Umm AlHoul Free Zone.
Does Qatar have Free Zones?
There are currently two free zones in Qatar: Ras Boufantas Free Zone, a 400 hectare area adjacent to Hamad International Airport; and. Umm AlHoul Free Zone, a 3,000 hectare area adjacent to Hamad Port.
How can I open a free zone company in Qatar?
In order to establish a company in Qatar Free Zone, you need to go through the following process:
- Reservation of company name with the commercial registry by paying a fee of QAR 1000-1500.
- Next, you need to open a bank account by depositing the paid-up capital.
- Getting the Articles and Memorandum of Association drafted.
What does Freezone mean?
“The term ‘free zone’ means a part of the territory of a State where any goods introduced are generally regarded, insofar as import duty and taxes are concerned, as being outside the customs territory and are not subject to the usual customs control.” [ 1]
How many zones are there in Qatar?
98 Zones
Zones of Qatar
| Zones | |
|---|---|
| Location | State of Qatar |
| Number | 98 Zones |
| Populations | 7 (Zone 98) – 364,710 (Zone 57) |
| Areas | 0.077 sq mi (0.2 km2) (Zone 5) – 348.4 sq mi (902.4 km2) (Zone 95) |
Is Qatar Financial Centre a free zone?
This free zone is dedicated to uplift the finance sector that would ultimately boost the nation’s growth. This has made the process of setting up a business in Qatar easier for the business entities related to finance.
How can I start a business in Qatar?
Legal Procedure of Setting up an LLC in Qatar
- Draft the Articles of Association (AOA) of the company.
- Submit a request for Company Registration of a new company.
- Choose a Trade Name that needs to be authorized by the Commercial Registration Officer.
- Obtain the authenticated MOA by the Ministry of Justice.
How does a free zone work?
A free zone, also known as a free trade zone, is a defined geographical area within each emirate. The fact that no duties or taxes are levied in the free zone helps to promote trade, especially the import and export of all kinds of goods.
What is Zone in Qatar address?
Zones of Qatar
| Zones | |
|---|---|
| Location | State of Qatar |
| Number | 98 Zones |
| Populations | 7 (Zone 98) – 364,710 (Zone 57) |
| Areas | 0.077 sq mi (0.2 km2) (Zone 5) – 348.4 sq mi (902.4 km2) (Zone 95) |
Where is Zone 80 in Qatar?
municipality of Al-Shahaniya
Zone 80 is a zone in the municipality of Al-Shahaniya in the state of Qatar. The main district recorded in the 2015 population census was Al-Shahaniya City, the municipal seat. Other districts which fall within its administrative boundaries are Al Khurayb, Al Samriya, Lehsiniya, and Umm Leghab.
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