General PartnershipQatar · Qatar Financial Centre
What it takes to form, own and run a general partnership in Qatar · Qatar Financial Centre, 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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A Partnership Agreement is an agreement between two or more
The registry’s and the law’s own pages do not mention it.
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but the tax liability is attributed to the individual Partners.
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
Not in our records A notary, A resident director, Paying up the capital: none of these is in our records for the General Partnership.
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- At least 2
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A Partnership Agreement is an agreement between two or more
- A local company secretary
- Does not apply
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the General Partnership.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the General Partnership are in our records.
What is public
Not in our records What the register shows the public is not in our records for the General Partnership.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Through owners · 10%+1 regime
A GP and LP Partnership is liable to tax as if it were a separate legal entity, but the tax liability is attributed to the individual Partners in accordance with their profit share (QFC Tax Regulations Art 60, 62), at the 10% standard rate.
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but the tax liability is attributed to the individual Partners.
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
- A Partnership that breaks up may be wound up by one or more of the partners (Partnership Regulations Art. 34); the CRO may also strike a Partnership off the register after a three-month notice, whereupon it is dissolved (Art. 89).
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If a Partnership breaks up, it may be wound up under this Article by one or more of the Partners.
- Statutory fee
- Not in our records
Every business in Qatar · Qatar Financial Centre
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
- General partnershipDerived our grouping, the same words in every country
- Name in law
- General Partnership
- Identifier
- QA-QFC-GPA form ISO 20275 does not list.