Qatar - Transferring Shares to Non-Qatari Owners

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Procedure

Apply In-Person

1. To transfer shares to Non-Qatari owners, applicant has to visit the commercial registration and licenses department at the MOCI office.
2. For Ministry of Commerce and Industry (MOCI) office contact click here: Contact link
3. Application form can be downloaded from the below link: application form
4. Now complete the form with necessary information andmake sure you have all the documents in hand that are listed under the “Required Documents” section of this page.
5. After filling the form, attach the documents mentioned in the required documents section below with the completed application form.
6. Check the application form and then submit it to the respective officer in the commercial registration and licenses department in the MOCI office. The address is mentioned in the office locations & contacts section below.
7. Now the authorities will verify your application and validate the submitted documents.
8. After verification process, the applicant will be later requested to collect the certificate for transferring shares to Non-Qatari owners on a specified date.

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Required Documents

For Individuals:

• Preliminary licenses to be obtained from competent authorities to perform the activity.
• No objection certificate (NOC) from current partners.
• Copy of Qatari ID card (for residents).
• Copy of passport card (for non-residents).
• Good conduct certificate attested by the concerned authorities in the home country.
• C.V indicating the work experience and an education certificate, approved by the competent authorities.
• Copy of professional license (optional).

For Companies:

• Preliminary licenses from competent authorities necessary to perform the activity.
• No objection certificate (NOC) from current partners.
• Copy of official and supporting documents of company.
• Copy of commercial registration.
• Copy of establishment ID card.

Office Locations & Contacts

Commercial Registration and Licenses Department - Head Office
Ministry of Commerce and Industry
Twin Towers, Lusail, Qatar
Phone: 16001
Phone:+974 4012 2222
Fax: 44945308
E-mail: [email protected]
Website: MOCI Website

Qatar Chamber of Commerce & Industry - Head Office
C Ring Rd, Doha, Qatar
Phone: 16001
Phone:+974 44559111
E-mail: [email protected]
Website: Link

Eligibility

For Individuals

• Residents who have Qatar ID card and non-residents who have passport are eligible to apply.
• Individuals who have good conduct certificate attested by the concerned authorities in the home country are eligible to apply.
• Applicant who have no objection certificate (NOC) from current partners are eligible to apply

For Companies

• Companies who have establishment ID card and commercial registration are eligible to apply.
• Applicant who have no objection certificate (NOC) from current partners are eligible to apply.

Fees

No fees are required for this service.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

application form

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

The processing time is between three to five days. This time may vary depending on the availability and correctness of the information provided.

Related Videos

Videos explaining the procedure or to fill the applications. 
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites. 	
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver, 
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

• Applicant shall submit a request to the commercial registration and licenses department in the Ministry of Commerce and Industry (MOCI) to transfer shares to non-Qatari owners.

Required Information

1. Name of the applicant.
2. Address.
3. Phone number.
4. Email ID.
5. Qatar ID card number.
6. Passport number.
7. Commercial registration number.

Need for the Document

• This certificate is essential to transferring shares to a Non-Qatari owners.

Information which might help

• The Ministry has the authority to abandon the candidate or take any official action against forgery or manipulation of data by the applicant.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

More information which might help people.