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These profitable business vehicles are permitted to establish private businesses within Qatar with strict limitations in two ways. A foreigner may start the company privately in a designated free zone or outside of the free zone with a local partnership.
The Free Zones have been thoughtfully designed and expertly constructed to provide businesses everything they need to succeed. From brand-new infrastructure and access to utilities, to tax incentives and an investment fund, Qatar Free Zones are highly competitive and ready for business.
Gulf countries commonly employ free zones and usually group the zone according to industry, such as media or technology. Currently, the Qatar Science and Technology Park is designated for scientific research and development companies. Finance and Property companies do not presently have a designated free zone in and around Doha, but are entitled to free zone benefits under licensing by Qatar Financial Centre Authority. Additionally, the country’s first large free zone for small to medium mixed-industry businesses is in development near the International Airport.