In conjunction with PwC, this chapter contains an overview of the tax framework in which local and foreign investors operate in Qatar, including a look at the Customs duty exemptions for some firms and an outline of the incentives available to those businesses that are diversifying the economy.
This chapter also includes a viewpoint from Stephen Anderson, Managing Partner, PwC Qatar...
With strong foundations in a thriving economy, a young population and a maturing consumer base, Qatar’s retail sector looks set to maintain robust growth as the country continues to develop into a major regional centre for trade and commerce. The state’s luxury retail segment in particular has witnessed strong growth in recent times with the rapid growth of the economy providing luxury...
The state of Qatar has become a hub for regional broadcasters, and the country enjoys high levels of media consumption with, for example, some 81% of Qatari residents reading newspapers, compared to a figure of 65% regionally. Elsewhere, Qatar’s internet penetration rate was 85.3% at the end of 2013, according to the International Telecommunications Union, one of the highest levels in the GCC...
Qatar is ramping up its production schedule in preparation for the 2022 FIFA World Cup and the state is allocating around $200bn for the tournament and associated projects, with the money to be invested in an extensive programme of infrastructure and service development. However, Qatar is looking beyond the World Cup and aims to establish itself as a global centre of excellence for all aspects...
Qatar’s rapid population growth over the past 10 years and the rising incidence of lifestyle-related diseases means the state represents the fastest-growing health care market in the GCC. The sector is forecast to be worth some $9bn by 2018, about double the $4.6bn seen in 2013, with the inpatient market pegged to hit $2.5bn and the outpatient market expected to reach $6.6bn by that time....
The government of Qatar has identified education as key to meeting the targets outlined in both the National Development Strategy 2011-16 and the Qatar National Vision 2030. Government expenditures in 2014 emphasised education, which accounted for over 7% of the national budget. Private sector actors are also playing an increasingly important role in providing education services, particularly...
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