Doing Business in Qatari Market
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QATAR’S POSITIONING IN THE GCC

The GCC has been among the best performing economic blocks, recording exceptional

growth of 6.4% in the past two years. Qatar is one of the prominent members of the GCC

and is expected to lead the GCC growth rate with a projected 6.8% in 2014.

 

SWOT ANALYSIS of doing business in Qatar

WHY INVEST IN QATAR?

ENERGY POWERHOUSE

  • 200 years of proven natural gas reserves
  • 25.7 billion barrels of proven oil reserves
  • Natural gas deposits in excess of 900 trillion cubic feet
  • Daily output capacity of 850,000 barrels of crude oil
  • Annual output capacity of more than 18 million tons of liquefied natural gas (LNG) per year.

ECONOMIC MIRACLE

  • One of the richest countries in the world
  • 70% of government revenue from exporting oil and gas.

 

GOVERNMENT SUPPORT

  •  Liberal economy
  •  Free trade
  •  No restrictions on profit transfer or capital repatriation
  • No import duties for machinery or raw materials
  • Competitive labour costs
  • No personal income taxes
  • Ministry of Business and Trade support
  • Tax exemptions for projects with Ministry of Defence or Ministry of Interior.

 

QATAR NATIONAL VISION (QNV) 2030

The four pillars of the QNV 2030 are:

  • Economic development – development of a competitive and diversified economy

capable of meeting the needs of, and securing a high standard of living for all its people

for both the present and the future

  • Social development – development of a just and caring society based on high moral

standards and capable of playing a significant role in global partnerships for

development

  • Human development – development of all the country’s people to enable them to

sustain a prosperous society

  • Environmental development – management of the environment such that there is

harmony between economic growth, social development and environmental protection.

 

Manager’s Office

Financial Dept

 

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