Business accounts: Qatar
An honest assessment before work starts, the quote is fixed in writing.
We assist with opening accounts at Qatari banks: AlRayan Bank, Commercial Bank of Qatar, Doha Bank, QIIB, QIB and QNB. This service is for people doing business in Qatar or the wider Gulf region, working with local counterparties, or considering the region as a base for their company and personal finances. Qatari banks are conservative: they look closely at your connection to the country, source of funds and the nature of your business, so how the application is prepared matters a great deal.
We start by assessing your profile - business structure, residency and goals - and then shortlist banks where an application is realistic. From there we prepare the document package, help you complete the bank forms correctly and handle communication with the bank until a decision is made. The decision always rests with the bank. We also run seminars on the advantages of doing business in Qatar and on residency options across the Middle East.
Which companies a Qatari bank will onboard
Qatari banks open accounts for companies registered in the country: entered in the commercial register of the Ministry of Commerce and Industry or registered with the Qatar Financial Centre. A foreign company with no activity in Qatar is usually refused. Under Law No. 1 of 2019 a foreigner may own up to 100% of a Qatari company in most sectors, but a stake above 49% needs ministry approval, decided within 15 days of a complete file. Banking, insurance and commercial agencies remain closed to foreign capital.
We will calculate online the cost of opening an account for your company and maintaining it for a year.
Documents the bank asks for
- Commercial registration certificate and articles of association.
- Establishment card from the Ministry of Interior and the trade licence.
- Qatar IDs and passports of signatories, shareholders and beneficial owners.
- Business description: clients, suppliers, payment countries and expected turnover.
- Proof of the source of share capital and first receipts.
Company taxes in 2026
| Tax | Rate |
|---|---|
| Corporate income tax | 10% on the profit share of foreign owners; the share of Qatari and GCC owners is exempt |
| Minimum tax for large multinational groups (Pillar Two) | 15% for groups with revenue of EUR 750 million or more, from 1 January 2025 |
| Withholding tax on payments to non-residents | 5% on royalties and technical fees, 7% on interest, commissions and services in Qatar |
| VAT | not introduced |
The investment law guarantees free transfer abroad of profits and sale proceeds.
Why banks refuse companies
- The company has no activity in Qatar and cannot explain why it needs a local account.
- The ownership chain is not disclosed down to the beneficial owners.
- Shareholders or counterparties are linked to sanctioned countries.
- The origin of the capital is not documented.
What we do
We register the company if it does not exist yet, choose a bank for the business line and currencies, prepare the compliance file and support the bank meeting until the decision. We check tax amounts and timelines against your structure before filing.
Fees
| Service | Price |
|---|---|
| Qatar bank account opening assistance | $11 000 |
| Seminar: Qatar business advantages | $620 |
| Seminar: Middle East residency | $620 |
No activity in Qatar, no account
The law does not stop you applying to a Qatari bank on your own. But mistakes cost more than the fee: banks usually refuse a foreign company with no activity in the country, a foreign stake above 49% first needs ministry approval, and a source of funds without documents stalls the review. Murblz support removes these risks: we help with the Qatari company and the stake approval, choose a bank for your activity and currencies, prepare the compliance file and handle the bank meeting until the decision. We guarantee professional work and a transparent process, and in most cases a result on the first filing.
The support fee depends on the bank, the company structure and turnover; a manager will calculate it in the chat.
See also
Company formation · Personal account · Investment property
FAQ
Do you guarantee the account will be opened?
Do I need to travel to Qatar in person?
Which banks do you work with?
Is there VAT in Qatar?
Can a foreign company open an account with a Qatari bank?
Do I need a Qatari partner?
What taxes does a company pay in Qatar?
Doing business in Qatar and need an account?
We pick a Qatari bank for your company, including a Qatar Financial Centre entity, prepare the compliance pack and guide the opening. The catalogue covers every country.
The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.
Free consultation