778-Som-Lalit Institute Of Business Management - Gujarat ...

these factors are playing in our advantage and thus we can grow easily if everything
is well planned and executed.
We can also look forward to distribution of medicines to medical centres or the
distributers who can distribute our medicines in Qatar if any unknown and less
importunate circumstance occurs.
FDI IN QATAR
In Accordance of the Article (2) of Foreign Investment, Foreign Investors are
allowed to invest in all sectors of national economy on the condition that they
should have a Qatari partner(s) whose share in the capital shall not be less
than 51 % and the company is incorporated in accordance to all the laws of
the state. Foreign investors can only upon Minister‘s decision, increase their
share in project capital from 49% up to 100 % in the fields of agriculture,
industry, health, education, tourism, development and exploitation of natural
resources, energy or mining provided that such kinds of projects should
equate with the development plan of Qatar and utmost priority is given to such
projects which will make the utmost utilization of domestics resources or any
resources that would introduce a new product or invent new technology and
would qualify national cadre.
Common Privileges for Foreign Investors:
-No restrictions to import and repatriate funds.
-No restrictions to transfer profits and assets.
-Freedom to exchange money at uniforms rates.
-Free market economy privileges.
Some General Incentives for Investments:
-The full rights given to import the materials and equipment required for the
establishment, operation or expansion of projects undertaken.
-Exemption from income tax for 10 years effective from the date of commencement
of projects.
-Duty-free imports in things like equipment and machinery which are needed for
projects
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