Public Shareholding Company ش.م.عQatar
What it takes to form, own and run a public limited company in Qatar, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
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Its capital is divided into equal tradable shares, and a shareholder is liable only to the extent of their capital contribution.
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the number of shareholders cannot be fewer than five; and all shareholders must be Qatari.
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The number of board members should be between five and 11 members.
The registry’s and the law’s own pages do not mention it.
Form it
Who registers it
Not in our records Registry, Formed without visiting, Formed online: none of these is in our records for the ش.م.ع.
What it takes to form
- A notary
- Required
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- At least 5
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The number of board members should be between five and 11 members.
- Shareholders
- At least 5 · a company may be one
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the number of shareholders cannot be fewer than five; and all shareholders must be Qatari.
- Members
- At least 5
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the number of shareholders cannot be fewer than five; and all shareholders must be Qatari.
- A local company secretary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
- Annual registry fee
- Not stated
The registry’s and the law’s own pages do not mention it.
- Accounts on the public record
- Yes
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يجب على رئيس مجلس الإدارة نشر الميزانية وحساب الأرباح والخسائر وملخصاً وافياً عن تقرير مجلس الإدارة والنص الكامل لتقرير مراقبي الحسابات في صحيفتين يوميتين محليتين
- Audit for a small company
- Required
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يجب أن يكون لكل شركة مساهمة عامة مراقب حسابات أو أكثر تعينه الجمعية العامة لمدة سنة
- Audit
- Not in our records
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the ش.م.ع are in our records.
What is public
Not in our records What the register shows the public is not in our records for the ش.م.ع.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 10%+1 regime
Income tax on taxable income; GTA rate 10%
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10% on taxable income, applicable across all activities.
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
Special regimes that may apply
- Free Zones exemption from the Income Tax Law free zone · 100% exempt
Entities established in a free zone created by decree on the proposal of the Council of Ministers — currently Ras Bufontas and Umm Alhoul Law No. 34 of 2005 on Free Zones, as amended by Decree Law No. 21 of 2017, article 7; zones established by decree under article 2
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Qatar
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Dissolution on one of the grounds in Art 291 (expiry of the term, fulfilment or impossibility of the purpose, partners' unanimous agreement, merger and others; special grounds per type in the same Part), after which the company enters liquidation and keeps its legal personality for the liquidation only (Art 304).
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مع مراعاة أسباب الانقضاء الخاصة بكل نوع من أنواع الشركات المنصوص عليها في هذا الباب، تحل الشركة لأحد الأسباب الآتية: 1- انقضاء المدة المحددة في عقد الشركة أو نظامها الأساسي
- Statutory fee
- Not in our records
Every business in Qatar
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Qatar.
Payment and banking services
None of the services whose lists we hold names Qatar. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Public limited companyDerived our grouping, the same words in every country
- Name in law
- Public Shareholding Company (ش.م.ع)
- ISO 20275 code
- QZ84Secondary GLEIF, Entity Legal Forms code list