Foreign investors can legally convert existing contracting companies into 100% foreign-owned entities by removing the local partner via a formal Memorandum of Association (MOA) amendment. Specifically, under Investment Law No. 1 of 2019, this process grants international owners full operational control and 100% profit retention in Qatar.
Transitioning from a 51/49% partnership to full ownership is a transformative step for international contractors. Consequently, it removes the legal requirement for a local sponsor, allowing you to manage your corporate destiny independently.
Moreover, this change enhances investor confidence. Therefore, when you own the entity entirely, your decision-making becomes faster and more streamlined. Notably, you no longer need to share dividends or annual profits with a silent partner, which significantly boosts your local ROI.
In addition to financial gains, a 100% owned company enjoys greater transparency during international audits. Because the structure is simpler, global banks and lenders often view these entities as lower-risk investments.
While contracting is a primary focus, many other high-growth industries in Qatar qualify for full foreign equity.
Initially, Brandex reviews your current CR and MOA. We ensure your business activities fall under the approved sectors of Law No. 1 of 2019.
Our legal team reviews official documents of owners and partners to verify eligibility for obtaining full ownership of the company.
Our team reviews proposed activities and trade names to ensure compliance with Qatar regulations and manages required amendments.
Our auditing team reviews financial reports and processes the request for NOC approval from the General Tax Authority.
Subsequently, our legal team drafts a new share sale agreement and NOC. This document defines the exit of the Qatari partner and 100% share transfer.
Meanwhile, we coordinate with the Ministry of Commerce and Industry (MOCI) to submit the application for the foreign ownership license.
Once the Ministry approves, all parties sign the amended contract at the Ministry of Justice, authenticated by the public notary.
Finally, we update your Commercial Registration (CR) and AOA. Your company is now officially registered as 100% foreign-owned.
Initially, Brandex reviews your current CR and MOA. We ensure your business activities fall under the approved sectors of Law No. 1 of 2019.
Our legal team reviews official documents of owners and partners to verify eligibility for obtaining full ownership of the company.
Our team reviews proposed activities and trade names to ensure compliance with Qatar regulations and manages required amendments.
Our auditing team reviews financial reports and processes the request for NOC approval from the General Tax Authority.
Subsequently, our legal team drafts a new share sale agreement and NOC. This document defines the exit of the Qatari partner and 100% share transfer.
Meanwhile, we coordinate with the Ministry of Commerce and Industry (MOCI) to submit the application for the foreign ownership license.
Once the Ministry approves, all parties sign the amended contract at the Ministry of Justice, authenticated by the public notary.
Finally, we update your Commercial Registration (CR) and AOA. Your company is now officially registered as 100% foreign-owned.
To begin the transfer, ensure you have the following records ready:
Led by Managing Director Shameem Shamsudeen, our team has processed over 2,000 successful business setups in Qatar. We don't just handle paperwork; we provide a legal shield for your investment. Furthermore, our licensed PROs have direct relationships with the Ministry, ensuring your conversion is handled with precision and speed.
Contact our legal consultants today for a free assessment of your company's conversion eligibility.
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At Brandex Global, we make company formation in Qatar effortless for entrepreneurs, investors, and multinational corporations.
Backed by over 12 years of proven expertise, we’ve helped more than 2,000 businesses successfully establish and grow in one of the Gulf’s most promising markets.
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