International investors and businesspersons are mostly welcome to the territory of Qatar and involved in their realm of business. The flourishing economy of Qatar is the result of the cooperative and collaborative approach taken by the Qatari government towards the expatriate population who aspire to be entrepreneurs in the territory. The secret key to reap success from the business in the country is to understand the pulse of the locals, their purchasing pattern of goods and services and so on. You should also be well versed in the market behavior and seasonal changes while venturing out to do business in the country. The entrepreneur should also have a basic knowledge about the economic statutes of the country in order to maintain your business and organization legally.
If you are in the beginning phase of learning about how to open a company in Qatar, you should go and familiarize yourself with the structural categories or options under which you can initiate a business venture in Qatar. The most prominent structures are the Limited Liability Company popularly known as the LLC and the sole proprietorship company. The Limited Liability Company is the most common and preferred by most expatriate businesspersons. In such a concern, the government of Qatar mandates the partnership of a Qatari local in the company with not less than a share of 51%.
