Converting Companies to 100% Full Foreign Ownership

Did you establish your company in Qatar with a local partner, and now wish to legally transfer its ownership to 100% full foreign ownership?

Under the recent legal updates governing non-Qatari investment in the State of Qatar, the requirement of a 51% “local partner” is no longer a barrier to your ambitions. You can now easily amend your company’s status and convert it to 100% foreign ownership through simple and straightforward procedures.

Summary

Financial independence for your company is not as complicated or expensive as you might imagine. Through the new regulations, "Shabbik" helps you transition to a 100% ownership structure in a legal, secure, and fast manner, transforming you from a "restricted investor" into the "absolute owner" of your project.

Benefits of Converting Your Company with "Shabbik"

We handle all legal procedures to amend your company structure according to available investment options, while you gain your independence:

• Decision Independence
  
  Absolute legal and administrative control over the Commercial Registration and decisions. You become the sole manager and owner of your company, both legally and practically.
• Ease of Procedures
  
  We finalize all transactions at the Ministry of Commerce and Industry (MOCI), and we amend the Articles of Association and Commercial Registration smoothly.
• No Large Sums or Financial Complexities
  
  It is easier than you imagine and does not require huge amounts. We always guide you to the best and most cost-effective solutions suitable for your business activity.

How is the Conversion Process Done with "Shabbik"?

• 1. A private consultation to evaluate the company's current activity.
• 2. Reviewing the existing Commercial Registration (CR) and Articles of Association.
• 3. Preparing legal documents for partnership cancellation or transfer of shares.
• 4. Submitting the application via the competent government authorities.
• 5. Notarizing the new Articles of Association with 100% ownership.
• 6. Receiving the updated Commercial Registration and all licenses to start a new era.

Processing Time and Costs

• Processing Time: A fast process starting from a few days, depending on document readiness and activity type.
• Costs: Very reasonable administrative fees compared to the partnership profits you will save in the future.

(A precise quotation is provided based on your activity during the consultation)