A shelf company in Qatar is a pre-registered legal entity that may be purchased by local or foreign investors who want to start trading right away. The main advantage of the Qatar shelf company is that it is already registered and the new owner will not have to go through the Qatar company registration process. A simple ownership transfer suffices for investors who want to skip the lengthier steps needed to form a new company. One of our agents who specialize in opening a company in Qatar can help you buy a shelf company that will meet your business needs.
|Legal entities available for shelf company||Limited liability company|
Time required for purchasing the company
|A few days|
Types of features it includes (corporate bank account, VAT number, etc)
– Articles of Association,
– bank account,
– tax number,
– trading name
|The advantages of a shelf company||
– fast purchase & ownership transfer,
– ready for commercial activities,
– legal address
|Appointing new directors||
|Capital increase allowed||
|Certificate of no commercial activities||
|Modify the objects of activity||Yes|
|Participants in the purchase procedure||Buyer (or representative) & seller|
|The cost of buying a shelf company||Depending on age & purchase fees|
Table of Contents
Reasons to buy a shelf company in Qatar
Shelf companies allow investors to start their business activities much faster than if incorporating a new company or a new free zone company. The main advantages of the ready-made company include:
– ability to start trading right away;
– credibility because the company is aged;
– increased client confidence due to corporate longevity.
One of our company formation agents in Qatar can help you buy a shelf company. We can give you more information on the conditions for foreign investments in Qatar and the special investment zones.
How to purchase a shelf company in Qatar
Ready-made companies in Qatar can be purchased as a complete package. This means that the company is registered with the Qatar authorities or with one of the authorities from one of the free zones in Qatar (for full foreign-owned companies). The shelf company has a certain type, a local name, share capital, and bank account. It does not have employees. You can also ask for information about the taxes imposed for ready-made companies in Qatar.
Investors are advised to perform a company due diligence before purchasing a ready-made company in Qatar and signing the final company transfer forms. This is recommended to make sure that the company is indeed one that has not been used for trading and that it has no debts and due credits. One of our Qatar company formation agents can help you during this phase or can recommend how to search for a ready-made company that is suitable for your business needs.
Foreign investors who want to develop their businesses in Qatar can benefit from the optimal infrastructure and excellent conditions for development. We also recommend in this case the services of an accountant in Qatar who can provide the necessary support in this matter. There are a series of procedures that must be implemented in the company, in accordance with the International Financial Reporting Standards (IFRS), and Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).
You can contact us for more information on buying a pre-registered company or on the steps needed to register your own Qatar company.