Meet hears legal aspects of doing business in Qatar
03 Nov 2017 - 1:36
Mohammad Shoeb The Peninsula
Al Tamimi & Company, a leading legal services providers in the region, hosted a seminar to provide ‘Key Legal Considerations’ in relation to doing business in Qatar. The one-day event was organised in collaboration with American Chamber of Commerce Qatar (AmCham Qatar).
Senior business executives from a wide range of sectors, including real estate, construction, banking and finance, insurance, education and others discussed legal ways of tapping business and investment opportunities in Qatar. They also discussed different aspects of Qatari labour laws, whcih companies are required to comply with for doing business in the emerging economy.
The seminar also provided opportunities for exchanging contacts with clients of the AmCham Qatar.
Among the panelists were Matthew Heaton, Head of Office-Qatar, Banking and Finance, Kamaljit Dosanjh, Senior Associate Employment and Incentives, Frank Lucente, Partner Corporate Commercial, Ahmed Jaafir, Partner Head of Corporate Structuring-Qatar, Roy Georgiades, Senior Associate Litigation and others.
Al Tamimi & Company lawyers also answered questions and provided information in relation to business structures, employer considerations and force majeure under the civil code.
Legal experts from the company provided presentations elaborating different provisions under the Qatari labour law, including unpaid leave, Wage Protection System (WPS), end of service gratuity, redundancies (under fixed terms contract), employee remedies, Labour Dispute Resolution Committee (LDRC) and other topics. They also discussed rules for companies set up under ‘Ministerial Exemptions’ and the companies established based on the 51/49 rules where in minimum 51 percent stake is held by the Qatari partners and balance, maximum up to 49 percent, by foreign nationals. They also shed brief light on income tax provisions and repatriation of profit/income of the foreign partners.
The firm has been providing legal services to clients in the Middle East for 25 years.
It works with a diverse range of clients representing both the public and private sector, with special focus in the Middle East region.
The firm offers strategic legal advice on various fields, including Banking and Finance, Corporate Commercial practices, Employment, Corporate Structuring, Construction and Infrastructure, Family Business, Dispute Resolution, Real Estate, Mergers and Acquisitions, Legislative Drafting, Equity Capital Markets, Sports and Events Management among others.