A shelf company in Qatar is an already registered legal business entity. Foreign or local investors can buy it. It helps them get their business operations commenced almost instantly.
Names Used for A Shelf Company in Qatar
You may need to find a shelf company in Qatar. It is called different names like shell company, inactive company, or readymade company.
One of the main benefits of buying a shelf company in Qatar is that it has already been registered and the new owner buying it doesn’t need to go through the registration of a shelf company in Qatar. The authorities will just transfer ownership of the shelf company to the investors avoiding the delay that results from lengthier steps for the formation of a company in Qatar.
You can get in touch with a specialized agent of Excel Consultants & Partners LLC for getting a shelf company registered in Qatar.
One of our company formation agents in Qatar can help you buy a shelf company. We can give you more information on the conditions for foreign investments in Qatar and the special investment zones.
Advantages of Buying a Shelf Company in Qatar
Qatari shelf companies let the investors quickly get their commercial activities started for both a regular or free zone company in Qatar. A company formation service in Qatar will have to follow the legal procedures involved and approval from the relevant ministries to help you get started.
Some of the advantages that your shelf company in Qatar can immediately access include:
- The company’s past history clean of any credits (after due diligence) ensure that credit lending institutions’ management feels more confident in giving bank loans. They have an organizational operational history to get leases, credit facilities, better than a newly opened company in Qatar. Since many banks and lending financial institutions at least 2 to 3 years of history of a company’s presence as a legal business entity recognized by Qatari government authorities.
- Business history reflects a corporate image of an established business entity and the greater the credibility, the better its brand equity.
- For some industries like manufacturing and distribution, businesses need to have a company that has a minimum amount of time in existence before they can start making deals with it.
- Similarly, companies that have a clean working history have a greater chance of getting more business due to the trust factor. In some rare cases, an already running company may also have a good rapport established with lenders and customers.
- Large companies have a lot at stake, particularly the trust of their customers that they have earned over many years. These big companies have to operate in an environment where they have to deal with many other businesses. Thus, they would be more comfortable partnering with already running companies with an established name.
- In some cases, an already registered shelf company in Qatar can help win the trust for matters involving business visas, work permits, and the winning of government contracts.
- It becomes easy to access investment capital for an already running company.
All these benefits are available to shelf companies in Qatar that have a clean past record, no legal obligations or liabilities pending. Every company or investor in Qatar or from abroad needs to do their due diligence before they can buy a shelf company in Qatar.
Excel consultants & Partners LLC has helped companies and individuals from Qatar and abroad buy a shelf company in Qatar. Get in touch with us at info[at]excelconsultants.org or give us a call at +974.70268254 for more information on acquiring a shelf company in Qatar or for doing its due diligence.
Read here if you want to open a Limited Liability Company in Qatar. Check our blog category on company formation in Qatar for more information. Follow this link for knowing more about the different types of companies in Qatar that you can register as a foreign investor or entrepreneur.
You can reach us at info[at]ExcelConsultants.org or call us at +974.70268254.
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