Qatar is one of the most favourable companies for entrepreneurs and established companies that want to do a business set up in Qatar. Be it an elaborate business or a home-based business Qatar provides a conducive environment for businesses to start, operate and flourish.
The liberal policies of the Qatari government have further opened the Qatari market for foreign businesses and investors who want to invest in Qatar. By following the due diligence and meeting the eligibility conditions, any foreign investor, small or big, can do a business set up in Qatar. However, one has to follow the steps and do some research to understand the culture of Qatar and the consumer behaviour of the people here to gain a better understanding of the prospect of their business in Qatar.
Acquire information
Even before you plan on setting up a home-based business in Qatar, you need to acquire comprehensive information on the response in the market to your business. Conduct thorough market research to understand the local market and the viability of your product or your business in the local Qatari market. Know and understand the challenges as well as your competitors who already established themselves in the market. This will help you create more effective business strategies. Moreover, you could understand the local business processes, along with their influence on a specific business division.
Structure of home-based business
Following a thorough evaluation of the market response, you could then move on to plan the business structure to get maximum benefits from the government for setting up a business in Qatar. In addition, the growth of your homegrown brand among the specific target audience or a specific target market would help you further analyse the hurdles such as business registration, incorporation amount, and tax payment, etc.
It is essential to understand and plan a proper structure for your home-based company set up in Qatar. Because the appropriate design for your home-based business can help you reap benefits from the Qatari law and as well as gain the goodwill of the local Qatari consumer. This will improve your profits margin even on a home-based business.
Set up a home-based business in Qatar
The business owner should be at least 18 years old to qualify for the licence to establish a home-based company set up in Qatar.
It is not mandatory for the business owner to own the house or be its resident.
The annual licensing fees for a home-based business set-up is QAR 1020. And one house can be registered per licence
The licence holder or the business owner cannot legally hire workers from abroad.
The licence is only allowed to indulge in direct sales to the end-user from home.
The licence for a home-based business is issued by the Ministry of Economy and Commerce.
Home-based business registration that is allowed includes cooking, sewing, creating gifts and antiques, packaging and preparing gifts, designing gifts and cards by hand, perfume preparation, binding and packing school textbooks. In addition, these electronic services include computer-based design services, meals, spices, beauty products and coffee.
The licence needs a certificate of civil defence to begin cooking business at home.
Application for licence
The applicant has to submit an online request to the Commercial Registration and Licensing Department in the Ministry of Commerce and Industry.
Online process
Login to Investor Services of the official portal for start a business in Qatar.
Select the option “Commercial Licence”. Then “Application for Home Licence”
Enter the required information and attach the required documents
Upload your pledge for the licence
Upload copy of ID card of the applicant
Ownership act required if the said property is notified as a famous house or villa. In the case of vacant land, a certificate of building completion is needed.
For rental house, no objection certificate from the house owner
For first-degree relatives house, ID card copy or no objection letter by the guardian
For any kind of food activity business registration, the business owner needs the health certificate of the licensee and the civil defence certificate.
The business culture in Qatar is best suitable for the patient and polite foreign investors. Arabs are friendly and helpful people and are inviting to most types of businesses. However, it is recommended that investors should do thorough research on how to open a business in Qatar in their domain and the regional tax audit services. A business program should include a comprehensive study of competitors, the conditions of the market and the results on the forecast. Remember, a credible business plan has the best chance of finding local support.
You can easily set up a home-based business in Qatar if you follow the required laws and conditions. Moreover, the Qatari market is favourable for a home-based business, with great potential to earn better profits. Plus, the local Qatari consumer is also open to the option of seeking the products and services of a home-based business in Qatar.
If you need help with company registration in Qatar, you must visit AAIQA today.