Qatari laws regulating economic and commercial activities.

Qatari laws regulating economic and commercial activities Download PDF EPUB FB2

The Ministry of Commerce and Industry (MoCI) yesterday clarified the new law (Law No. 1 of ) regulating the investment of non-Qatari capital in the country’s economic activity. Laws and Regulations Law no.

13 of and its amendments: Qatar’s investment law regulating the investment of non-Qatari capital in economic activities Investment of non-Qatari capital. Ministry highlights the law regulating non-Qatari investment in economic activity.

Leena Chung. Hello. was organized with the aim of shedding light and introducing various aspects of this law as one of the most important laws regulating foreign investment, and also the attraction of the foreign capital to achieve economic diversification in.

About The Qatari Laws. Qatar commercial Law No. 27 of have a great importance as a general law governing and regulating commercial activities in the country, and the importance of this law is increasing because of the remarkable economic and development progress of Qatar.

Law No. (13) of Regulating the Investment of Foreign Capital in Economic Activities, as amended; Commercial Companies Law promulgated by Law No. (5) ofas amended; Civil Code of Qatar promulgated by Law No.

(22) of ; Law No. (25) of Concerning the Commercial Register as amended by Law No. (20) of ; The Commercial Code by. Law No.(2) of the year on the amendment of some provisions of law No of the year on Organization of Foreign Capital Investment in the economic activities.

Company Law. Law No. (5) of Commercial Companies Law Law No. (5) of Commercial Companies Law. Labor Law. Labour Act No.

3 of Labour Law of The State of Qatar (Law. Tribune News Network Doha The law regulating investment of non-Qatari capital aims to promote economic development, attract foreign investment in all economic and commercial activities and lure percent foreign capital inflows, the Ministry of Commerce and Industry (MoCI) has said.

In a statement on Tuesday, the ministry said the law also aims at accomplishing economic diversification in. And Commercial Companies Law promulgated by Law No. (11) ofas amended by Law No. (9) ofAnd Customs Law promulgated by Law No.

(5) of and its amendments, And, the Law Decree No. (25) of Regulating Non-Qatari Capital Investment in the Economic Activity as amended by Law No. (9) ofAnd the Law Decree No.

(11) of In the past year, the Amir enacted Law 1/ on Regulating the Investment of Non-Qatari Capital in Economic Activity and Law 16/ on Regulating Non-Qatari Ownership and Use of Properties. These laws are aimed at encouraging greater foreign investment in the economy by authorizing, incentivizing and protecting foreign ownership.

The law, MoCI said, aims at promoting economic development, attracting foreign investment in all economic and commercial activities, attracting % of foreign capital inflows, accomplishing economic diversification in line with the Qatar National Visionfacilitating foreign investors’ access to the market and bolstering the country’s confidence and investment security index.

The Proxy Law prohibits non-Qatari nationals from exercising “any commercial, economic or vocational business except in sectors where they are permitted to do so in accordance with applicable laws” and makes it unlawful for legal or natural Qatari persons to “cover up” the business activities of any non-Qatari person, thus.

The Court of Cassation mentioned in its decision that loans granted by banks in Qatar were to be considered as commercial acts by nature and that Article of the QCB Law, which states that “QCB has the right to apply interest or revenue to be determined by the QCB on scheduled credit facilities unless the agreement between the lending.

Still, it is worthy to mention that both laws have prohibited % Non-Qatari Capital Investment in sectors such as commercial agencies, banks, and insurance companies. However, the new law states that this law is binding “unless those sectors are exempted by a decision of the Council of Ministers.”.

Qatar Law No. (25) of Combating the Concealment of non-Qatari Practicing Commercial, Economic and Professional Activities in Contrary to the Law Download Qatar Cabinet of. Qatari-Saudi Business Council to enhance cooperation Assisting businessmen to understand the laws regulating commercial and economic activities and effectively participate in future laws through preparation proposals that represent private sector interests.

Qatari businessmen in regional and international economical conferences and. The Commercial Companies Law attached to this law shall come into effect. Article (2) The Companies existing at the time of issuance of this law must abide by its provisions and amend their status accordingly, maximum by six months from the effective date of this law.

Article (3) The Minister of Economy and Commerce shall issue the necessary. Qatar Decree Law no. (31) of on Amemdment of some provisions of Law no. (13) of the year on Organization of Foreign Capital Investment in Economic Activities Qatar Law no.

(5) of the. Generally the Commercial Agents law in conjunction with other statutes such as Law (13) of governing Foreign Capital Investment (Foreign Investment Law) regulates the management of a commercial agency and supervision of its activities and provides restrictions on the business of commercial agents to Qataris or companies wholly owned by.

This Country Commercial Guide (CCG) presents a comprehensive look at Qatar's commercial environment, using economic, political and market analysis. The CCG's were established by recommendation of the Trade Promotion Coordinating Committee (TPCC), a multi-agency task force, to consolidate various reporting documents prepared for the U.S.

Qatar Companies Commercial Law Update. Following are the key changes observed in the new commercial law. Key Changes. Governance Report Discuss the report of the directors for the Company’s activities and financial position during the year and the auditor’s report.

Qatar, Law No. (1) of Amending Some of the Provisions of Law No. (13) of Regulating the Investment of Non Qatari Capital in Economic Activities Qatar Trademarks Law: Qatar Trademarks Law Qatar Commercial Companies Law No.

(5) of Qatar Commercial Companies Law No. (5) of On August 5,Law No. 9/ was issued amending some provisions of Law No.

13/ regulating investment of non-Qatari capital in economic activity. The effect of this change is to raise the limit of permissible foreign ownership levels in the listed companies to 49 percent, which previously was limited to 25 percent in most listed companies. The Qatari Commercial Agents Law No.

8 of (the “Agency Law”) is the key piece of legislation regulating commercial agents in Qatar. It has, however, now been supplemented by the Qatari Commercial Law No.

27 of (the “Commercial Law”), which includes a chapter on commercial agencies, and the various sub-forms of agency arrangement.