5 Reasons To Consider Relocating Your Business To Qatar
November 21, 2022
The biggest sporting event of the year is underway, and we couldn't be more excited. It's the first time that the FIFA World Cup 2022 will be hosted in the Arab World and millions of sports fans and tourists have begun to arrive at the Qatari Emirate to witness the spectacle. And we cannot deny that the World Cup has put Qatar in the spotlight.
If you're considering starting a business and currently looking for a serviced office for rent in Qatar, here are a few tips to help you get a clearer picture of the economy and business scenario in the Emirate.
1. Zero Income Taxes
Yes, individuals in Qatar do not have to pay any income taxes to the government. That's a huge perk, especially for entrepreneurs and startup owners and can help you save thousands of dollars down the line. Qatar ranks among the top five countries in GDP per capita and is one of the wealthiest nations on the planet.
Blessed with abundant oil and natural gas reserves, Qatar is a world-class economy with a thriving infrastructure. Due to its rich wealth, expats do not have to pay income taxes to the Emirati coffer.
2. A Fast-Growing Business Landscape
Home to over 90 nationalities, Qatar takes globalisation to the next level. It's consistently ranked as one of the first-growing economies in the world, offering numerous opportunities to budding entrepreneurs. Thanks to a supportive, business-friendly government, setting up an office for rent in Qatar is hassle-free and stress-free.
The Qatar Financial Centre is a prestigious landmark venture of the Qatari government. It's a world-class business centre that aims to promote Qatar as an attractive business destination for both eastern and western companies.
3. World-Class Infrastructure
This is indeed one of the biggest advantages of doing business in Qatar. To your surprise, you can find a cheap office for rent in numerous locations. Compared with other business capitals like New York, Singapore, London and Paris, the cost of living in Qatar is super affordable. Just because the prices are low, it doesn't mean you have to compromise on the amenities.
The majority of offices in Qatar come fully furnished with the latest amenities and infrastructure, like high-speed internet connectivity, video-conferencing facilities and more, to help you set up your business within no time.
4. Expert and Experienced Labour
As mentioned above, Qatar is a melting pot of cultures. From local Qatari businessmen to expats from across Asia, Europe, Australia, Africa and the Americas, you have access to a vast pool of talent. Whether you're looking for trained engineers or skilled workers, you can quickly hire the best staff for your business requirements.
5. Low Crime Rates
This is another surprise to most expats. Contrary to widespread assumption, crime rates are extremely low in Qatar, thanks to stringent laws. The country has one of the lowest crime rates in the world, making it a conducive place to conduct your business.
If you’re looking for a furnished office for rent in Qatar, connect with Global Business Centre, Qatar. With numerous offices across the Emirate, we can help you find the best and most cost-effective office space for rent in Doha.