Qatar’s economic landscape is fast evolving into a business hub where businesses from across the globe are discovering new possibilities. Though most of the GDP comes from oil and gas production, the Qatari government is keen o pioneering innovation and futuristic technology in the region and is incentivizing businesses across architecture, tourism and Real Estate. Many MNCs are operating out of Doha which is the biggest city and the capital; presenting unforeseen avenues to companies across the world.
Not to mention that Qatar is the richest country in the world in terms of per capita income and this opulence trickles down to its socio-cultural life. The businesses in Qatar operate in a highly competitive yet fair matrix, thus providing its residents with the best essentials and services possible at the best prices.
Qatar’s booming economy has made enough buzz for itself and it shows in its flourishing metropolitan area with malls, hotels and amusement parks speckled all over it. Qatar produces a rich brochure of properties available for rent at the disposal of the expats. This way they are cocooned in the bustling yet serendipitous vibe of the country.
If you are looking to foray into the Qatari market, establishing a business in Doha is the most strategic and prudent way. It will also open avenues in the GCC region for you since would already have a stronghold in the zone.
It is critical to note that physical presence is a must to be able to trade in the country. The company needs to be registered with the municipality before you can commence business in the region.
Doha is an enchantress that is enticing businesses from around the globe. Qatar will be hosting the 2022 FIFA World Cup and this event has worked as a catalyst for the rapid industrial development of the country. Many businesses are making their way into the state to benefit from the eco-system and renting offices in West Bay.
West Bay allows easy access to all other areas in the city and is home to most ministries and business offices. West Bay also gloats about having some of the most luxurious hotels, glistening shopping centres and sumptuous dining experiences.
Lusail is another area which has garnered huge attention in recent times. Here you can find the state-of-the-art offices for rent (plug n play). Touted as the Future City of Qatar; it’s acknowledged as a smart and sustainable city. Construction houses are particularly enthusiastic about Lusail.
When searching for offices for rent in Qatar, the rentals would depend a lot on the location of the property. The foreigners are allowed to be venture capitalists in the country, however, the majority of the equity must be owned by a national. When renting an office, the upkeep or repairs are done by specialist companies. This can save you both money and effort. To scout a good deal, one must be ready with all the paperwork and documents so that the transaction is seamless.
Think of the setting where your business will thrive the most in Qatar, and depending on that, the location choice should come easily. Wherever you end up renting your office in the country, it will surely be beneficial for your future.
Think where your business would discover most prospects and you should be able to frame a decision as to where to rent the office in Qatar. Nonetheless, all of Qatar is brimming to the full with endless opportunities.