Qatar seeks to expand economic relations with Bosnia and Herzegovina, through strengthening cooperation in key sectors such as agriculture, energy, tourism, food safety, which was the main topic of the online webinar held in April, dedicated to improving the cooperation of these two countries.
As a result of these initiatives, the Qatar Greenback Administration (Qatar Free Zones Authority – QFZ) offered business circles from Bosnia and Herzegovina and the region mayThe fact of cooperation in two free zones in that Gulf Earth, which offer an extremely favorable investment environment – which includes tax reliefs up to 20 years, 100 percent foreign ownership of that strategic location in the immediate vicinity of Hamad International Airport.
The Qatar Administration also provides globally competitive infrastructure, integrated digital services for the establishment of companies, dedicated real estate adapted to different activities, as well as direct support from the authorities with the aim of facilitating business.
The Qatar Department for Free Zones was founded in 2018. while the first “Soft” operations were initiated 2020. Its mission includes the development and regulation of free zones for companies and support for sustainable economic growth and diversification of the Qatar economy.
QFZ seeks to attract companies from the technology, logistics, industry and maritime sector, with special emphasis on sustainability and long-term partnership.
Such an approach has already given significant results in the past five years. Under the slogan “World door to the Middle East”, Qatar free zones gather todayThe 650 renowned companies, including Google, Volkswagen, DHL, Microsoft, FedEx, Gucci, Yutong, DB Schenker, Oops, and recently and Samsung, writes a hairdryer.
Total investments exceeded four billion US dollars, while more than 12,000 new jobs were opened on an area of one million square meters.
According to the presentation prepared by QFZ, cathantic free zones offer modern infrastructure and solutions “KeyIn hand “for business facilities, adapted to the specific needs of investors.
In addition to the already mentioned, benefits include a national 5G network and fast Internet up to 1 GB / s, which is crucial for technological companies with high data transfer requirements.
The investor relationship team provides comprehensive support, from issuing visas and business licenses to the business enlargement permit, creating optimal conditions for growth and development.
Catarske free zones represent a unique entry point for business with the potential for local, regional and global success, they order from the Qatar Government for Free Zones.
Operating costs in Qatar are significantly lower than other regional business centers. With the high quality of life and security, Qatar is ranked among the three safest countries of the world, investors receive an optimal environment for long-term and stable business, has been announced from the Katar’s Embassy in BiH.
