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In September 2005 the Government of Qatar passed a law making the science park a "free zone", allowing foreign companies to set up a 100 percent owned entity free from tax and duties. [4] Collaboration and Ecosystem. A feature of QSTP is that it is co-located at Qatar Foundation's Education City alongside international universities. [1]
For example, Qatar has invested heavily in building world-class infrastructure, including the Hamad International Airport and the Qatar Free Zones Authority, to attract foreign investors and businesses to set up shop in the country. Moreover, Qatar has also been working towards creating a more business-friendly environment by streamlining ...
The Qatar Financial Centre (QFC) is a business and financial centre located in Doha, Qatar, providing legal and regulatory services for local and international companies.. Established in March 2005, it advances the Qatari government’s economic policy and contributes to the country's economic diversification and development plans, attracting investment by offering a favorable legal ...
The Cooperation Council for the Arab States of the Gulf[ 2] ( Arabic: مجلس التعاون لدول الخلیج العربية ), also known as the Gulf Cooperation Council ( GCC; Arabic: مجلس التعاون الخليجي ), is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi ...
Company formation in Qatar, the MCI requires a 51% local Qatari sponsor and mandatory office space with a flexi-desk as a minimum. The MCI is dedicated towards companies requiring trading activities, office space availability anywhere in Qatar, specific business activities that require external approvals (such as taxi services, as an example ...
Qatar Steel Company FZE was established in August 2003 to produce steel wire-rod products. The company operates two primary facilities at its 60,000 Sq. meter Jebel Ali Free Zone site. The facilities have a yearly production capacity of 280,000 tonnes of wire rods and 300,000 tons of bars.
Mesaieed Industrial Area ( Arabic: مسيعيد المنطقة الصناعية, romanized : Minṭaqat Musaī'īd aṣ-Ṣinā'iyah; also known as Umm Sa'id Industrial Area) is an industrial area in Al Wakrah Municipality in Qatar. It lies approximately 40 kilometres (25 mi) south of the capital Doha. [1] It is a locality of the city of ...
Free economic zones (FEZ), free economic territories (FETs) or free zones (FZ) are a class of special economic zone (SEZ) designated by the trade and commerce administrations of various countries. The term is used to designate areas in which companies are taxed very lightly or not at all to encourage economic activity .