Qatar boasts world-class climate for business, investment: Official – The Peninsula

  • Date: 14-Sep-2022
  • Source: The Peninsula Qatar
  • Sector:Oil & Gas
  • Country:Qatar
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Qatar boasts world-class climate for business, investment: Official – The Peninsula

Doha: Qatar has a stable and resilient economy and boasts a world-class climate for business and investment. The ecosystem of the country provides a wide variety of support for companies said an official during an event held recently.

The virtual event entitled ‘Creative Zone x Invest Qatar webinar: Doing Business in Qatar’ was organised by Creative Zone in partnership Qatar Financial Centre (QFC), Qatar Science & Technology Park (QSTP), and Qatar Free Zones Authority (QFZA). It discussed about doing business in Qatar for new investors and business owners who can come and operate business in Qatar.

Mohammed Al Mulla, Investor Relations Specialist at Investment Promotion Agency Qatar said: “Qatar is one of the most stable, resilient, and competitive economies in the world. The country boasts a world-class climate for business and investment which is due to the fact that variety of fiscal investment such as having 100 percent foreign ownership, zero to ten percent corporate tax, zero tax on personal income, and exemptions from customs duties (subject to activity)”.

Mohammed Al Mulla, Investor Relations Specialist at Investment Promotion Agency Qatar

The country has a very business friendly environment with a variety of resources available and that is because “we are having a stable and