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Company Registration Now Possible in Two Days: MoCI
2025-10-29

Company Registration Now Possible in Two Days: MoCI

Qatar’s Ministry of Commerce and Industry (MoCI) achieved a major milestone by reducing the time required to establish a company in the country to two days.

After a meeting chaired by HE the Minister of Commerce and Industry, Sheikh Faisal bin Thani bin Faisal al-Thani to review the performance of the Ministry of Commerce and Industry in the third quarter, MoCI noted, “The number of active commercial licences rose by 6.79%. 

Additionally, 4,631 new non-Qatari companies were established.” The meeting reviewed the key achievements of the third quarter and discussed detailed performance indicators across the ministry’s sectors and administrative units.

Participants also examined existing challenges and proposed solutions to strengthen the implementation of plans and programmes, improve efficiency, and enhance institutional performance and service quality.

The meeting was attended by HE the Undersecretary at the Ministry of Commerce and Industry, Mohammed bin Hassan al-Malki besides senior officials.

MoCI said the Commercial Affairs Sector demonstrated significant progress across its key performance indicators. 

The number of new commercial registrations increased by 81.5% compared to the same period in 2024, while active main and subsidiary registrations grew by 18.1%.

It said the ‘Single Window’ platform added five new electronic services in the third quarter, bringing the total to 13 since the beginning of 2025.

It processed 72,500 transactions, 89% of which were submitted electronically, achieving a customer satisfaction rate of 94%.

In the Industrial and Business Development Sector, the contribution of manufacturing industries to GDP reached QR13.44bn in the second quarter and QR26.84bn in the first half of 2025.

During the third quarter, some 30 factories were evaluated under the Smart Industry Readiness Index.

During the same period, the Ministry enhanced collaboration with the private sector to identify and address challenges, resolving 35% of reported issues.

As many as 12 PPP projects were studied during the year—three more than in the previous quarter—while four new projects were launched and one awarded in the third quarter.

The Consumer Affairs Sector also recorded “positive” results, MoCI said.

The number of specialised licences issued increased by 30.87% compared to the third quarter of 2024, with the issuance period reduced to one day.

Processing times for pricing requests of goods and services also decreased compared to previous quarters.

The number of ration card beneficiaries rose by 2.61%, and the number of fodder distributors increased by 96.9% year-on-year.

MoCI reviewed the safety levels and strategic reserves of essential commodities and fodder, and successfully resolved more than 8,000 consumer complaints.

At the market monitoring level, MoCI conducted 73,747 inspection campaigns across all administrative units, underscoring its commitment to market regulation and consumer protection.

The meeting highlighted several notable achievements, including the entry into force of the Trade and Economic Partnership Agreement between Qatar and Türkiye on August 1, aimed to reinforce mutual trade relations and ease investment restrictions.

 The Ministry also launched an electronic platform for public-private partnership (PPP) projects and introduced 20 new e-services spanning specialised licensing, market monitoring, competition protection, consumer protection, and combatting commercial fraud.

During the third quarter, the Ministry rolled out the Single Window’s ‘Sharikati’ on mobile application, alongside a voluntary review programme for merger and acquisition projects. The Ministry also secured first place and received the Golden Award in the 11th National Cyber Drill.

Other key developments included merging the land, sea and air freight activities under a single commercial registration, introducing a temporary commercial licence for service providers in the Sealine area, publishing the updated Industrial Sectors Directory, and issuing a comprehensive guide on trade name procedures.

MoCI also organised the Public–Private Dialogue Forum, strengthened its strategic partnership with the Korean Intellectual Property Office, and exempted certain categories of citizens from fees for the issuance or replacement of ration cards.

HE Sheikh Faisal emphasised the importance of maintaining a results-driven, efficiency-based approach, advancing digital transformation, and continuously improving services to enhance the competitiveness of national economy in line with the goals of Qatar National Vision 2030.
Source: GULF TIMES