Creative Zone, a big business setup organization, has recently established a presence in Qatar, after extending from its main base of the UAE, into Saudi Arabia.
Why did Creative Zone choose Qatar?
Qatar continues to be a desirable destination for international investors and enterprises due to its compact economy pegged to lack of income tax, contemporary groundwork, and US dollar, notwithstanding the fact that has faced a series of current challenges.
The country has to offer for both big and small businesses a lot of gainful, profit-oriented possibilities. The focus of the needs of these companies is to have a local collaborator which can help with management that occurs concurrently with the foundation of a firm, like needed NOCs and permits, advise on legality, registration of a bank statement, etc.
Lorenzo Jooris thinks that Qatar is the best option: “Companies both large and small are already looking at the benefits of setting up a business in Qatar and leveraging the lucrative opportunities the country has to offer. What these companies need is a local partner and guide who can help them with the most appropriate entry method and support them with the administration that goes alongside company formation, like visa processing, jurisdiction advice, bank account opening, and other required NOCs and permits. With our presence in Qatar, we can now efficiently provide every crucial support to these companies and in the process back the government’s efforts in improving the country’s ease of doing business index”.
What makes this country remarkably appealing?
With the end of the Qatar blockade and the progressive easing of COVID-19 limitations, the country has become much more tempting to wealthy foreigners and company directors. The country offers opportunities for affirmation through the support of the Fifa 2022 World Cup, Qatar National Vision 2030, and the North Field Expansion Gas Development Project.
There have been considerable improvement requests for Qatar, and this increase in company formation is being spurred by the country’s multi-tiered economic growth.