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Qatar Issues New Investment Law

|Approved Changes|Qatar
Qatar

The Qatari government has announced the issuance of Law No. 1 of 2019 on 7 January 2019 for the regulation of the investment of non-Qatari capital in economic activity. The new law reportedly provides that:

  • An income tax exemption will be granted to Non-Qatari investment projects;
  • An exemption will be granted on imports of machinery and equipment necessary for the investment;
  • An exemption from customs duties will be granted on imports of raw materials and semi-manufactured goods necessary …

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