Qatar

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Like many of its GCC neighbours, Qatar has implemented an overarching, long-term strategy that provides a set of development objectives, known as Qatar National Vision 2030 (QNV 2030). Organised around four main pillars – human, social, economic and environmental development – the stated goal of QNV 2030 is to transform the country into an “...

 

Since gaining independence in 1971 Qatar has quickly risen to prominence both regionally and internationally to become an economic, political and cultural powerhouse in the Middle East. With a relatively small local population and substantial revenues generated from having the third-largest proven natural gas reserves globally, Qatar has one...

 

Economic affairs remain a matter of prime concern for us, especially in light of the circumstances created by the sharp decline in hydrocarbons prices; however, we are determined to achieve the goals that we have set for ourselves in the Qatar National Vision 2030 (QNV 2030). New realities are emerging in the global energy industry as a result...

 

Qatar’s Labour Law (Law No. 14 of 2004) and the implementing ministerial resolutions thereof apply to all individuals working in Qatar. The law provides a body of regulations outlining the legal rights, restrictions and obligations of workers, employers and workers’ committees. Qatar’s labour laws are given particular attention both by the...

 

Joint ventures (JVs) are a common corporate structure chosen by contractors in Qatar. Two companies interested in pursuing a project together often form a JV to increase their chances of being awarded the contract and to share the cost and risk of performing it. The JV structure provides companies with the opportunity to bid for projects they...

 

Companies intending to carry out business in Qatar must have a legal presence in the state. This may be by virtue of a company, branch office, trade representative office or agency relationship. Incorporating a company is usually the most suitable approach if the foreign investor intends to have a long-term presence in Qatar.

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