Setup a 100% Foreign Ownership Company in Mainland
If you are looking for a way to start a business in Qatar without a local partner, you might be interested in the new option of 100% foreign ownership in MOCI. This is a recent development that allows foreign investors to own 100% of their company in mainland, under the supervision of the Ministry of Economy and Commerce (MOCI).
What is 100% Foreign Ownership in MOCI?
100% foreign ownership in MOCI is a special license that grants foreign investors the right to own and operate their company in mainland UAE without the need for a local sponsor. This license is available for various activities and sectors that are specified by the MOCI, such as technology, agriculture, industry, education, health, trading, services and renewable energy.
The benefits of 100% foreign ownership in MOCI include:
Full control over your business decisions and operations
No restrictions on the location of your office or warehouse
No minimum capital requirement
Access to the mainland market and government contracts
Ability to repatriate 100% of your profits and capital
Protection of your intellectual property rights
Eligibility for tax exemptions and incentives
How to Apply for 100% Foreign Ownership in MOCI?
To apply for 100% foreign ownership in MOCI, you need to follow these steps:
Choose an activity and sector that is eligible for 100% foreign ownership in MOCI. You can check the list of approved activities and sectors.
Prepare a business plan that outlines your objectives, strategies, market analysis, financial projections, and social impact. You also need to provide details about your company structure, shareholders, management, and employees.
Submit your application and business plan to MOCI.
Wait for the approval from the MOCI and the relevant authorities. This may take up to 2 weeks, depending on the complexity and nature of your business.
Once approved, you will receive a certificate of 100% foreign ownership in MOCI, which will allow you to register your company and obtain your trade license.
Why Choose TrustLink for 100% Foreign Ownership in MOCI?
TrustLink is a leading business setup and consultancy firm that can help you with 100% foreign ownership in MOCI. We have the expertise and experience to guide you through the entire process, from choosing the right activity and sector, to preparing a professional business plan, to submitting your application and obtaining your license.
We also offer a range of other services, such as:
Company formation in free zones and offshore jurisdictions
Corporate Bank account opening
Accounting and Auditing services
Legal and compliance services
Visa and Immigration services
Business support and outsourcing services
TrustLink is your trusted partner for setting up a 100% foreign ownership company in Qatar. Contact us today and let us help you achieve your business goals.