The Resource Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar

Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar

Label
Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar
Title
Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar
Creator
Subject
Language
eng
Summary
Qatar offers specific free zones in order to encourage foreign direct investment, as free zones enterprises can be fully owned by non-Qataris, which is not the case of companies located in non-free zones areas in Qatar. In fact, free zones offer huge tax incentives and do not provide any regulatory or legal restrictions to repatriate profits and investments. As non-free zones are governed by a different law than the one applicable in free zones areas, taxation is slightly less favourable (corporate income taxes of 10% apply for ordinary companies) even if lots of activities are still tax exempted. The most significant difference lies in the ownership restrictions of Qataris companies. This article presents the main tax and legal aspects of these two different options in Qatar, notably given the growing importance of free zones in this region
Citation source
In: Global trade and customs journal. - Alphen aan den Rijn. - Vol. 11 (2016), no. 6 ; p. 284-287
http://library.link/vocab/creatorName
  • Truby, J.M
  • Cywie, A
Geographic coverage
  • Middle East
  • Asia
Language note
English
http://library.link/vocab/subjectName
  • tax-free zone
  • foreign investment
  • tax incentive
Label
Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar
Instantiates
Publication
Label
Free zones, foreign ownership and tax incentives for foreign direct investment in Qatar
Publication

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