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We
intended in joining hands with companies who would
be interested in setting up a profitable factories
in Qatar market for local consumption & exports.
Advantage of an international manual up a manufacturing
unit in Qatar are:
·
Low lab our cost
·
Low cost of utilities – electricity & water
·
Land is free by the government
·
Low cost of energy
·
Low cost of living expenses including rentals
·
Exemption of governmental tax on personal income
·
Under export quota to world wide countries
·
Geographical Location
·
Political Stability
·
Friendly People
·
Good export facilities through land and sea
·
GCC Custom Union - 30 million population with high
per capita income
For
further inquiries please e-mail us at almanaco@qatar.net.qa
Incentives
& Facilities for Investment in the State of Qatar
1- Government Incentives
a)
Pre-Investment Incentives & Facilities
- Access
techno-economic feasibility studies submitted by
private sector and offer technical advice on them
- Surveys
on raw materials
- Determine
locations for industrial projects and allocate land
plots.
- Loan
facility from Qatar Industrial Development Bank
(QIDB) at 5% interest rate with grace period for
repayment.
- Making
data & information available to investors
b)
Establishment and Operation Stage Incentives and Facilities
- Availability
of fully services industrial areas
- Land
allocation at minimal rent rate
- Low
price rate of energy Liberal immigration and employment
rules for the import of skilled and non skilled
labour ( hence low employment turnover)
- Custom
duty exemption on machinery ,equipment and spare
parts
- Exemption
from export tax Corporate tax on profits for the
first 5 years of operation which could be extended
up to 10 years
2-
Other Incentives
- Qatar
is rated AAA by Standards & Poor
- Distinct
location of Qatar Social and political stability
- Qatar
is a semi free economic zone (5% general custom
duty)
- Efficient
infrastructure facilities
- No
income tax on wages & salaries of expatriate
- Good
medical and educational services Stable currency/exchange
rat e for over 2 decades - (One US$ = Qrs. 3.65)
- Low
inflation rat e 1.4 % in 2001.
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