The Ministry of Commerce and Industry is participating in the China International Fair for Investment and Trade as part of energy-rich Qatar’s efforts to woo global investments in a big way.
The four-day fair, which will conclude today, is a platform to tap investment opportunities in China, Asia and countries around the world. It brings together businessmen, senior officials and representatives of organisations and bodies specialised in investment promotion.
The ministry’s participation comes within the framework of its efforts to strengthen commercial and investment co-operation and promote bilateral trade with various partners around the world, in addition to contributing to the success of the Qatari private sector in building valuable partnerships with counterparts around the world.
The ministry highlighted the characteristics of Qatar’s investment environment and shed light on key laws and legislations adopted by the State to stimulate domestic and foreign investments including the law regulating the investment of non-Qatari capital in economic activity.
Qatar also outlined the incentives and advantages offered to investors such as the exemption of foreign capital from income tax for up to ten years when it comes to specific investment projects across many sectors in addition to exemptions from customs taxes and duties when importing equipment and raw materials.
It also highlighted the friendly investment climate in Qatar, as well as the services offered to investors to streamline investment applications and company incorporation procedures among other transactions.
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