QATAR

Executive Summary:Qatar is a Middle Eastern peninsula jutting north into the Persian Gulf between Bahrain to the northwest and the United Arab Emirates to the southeast. It has a population of just over 1.9m, which includes a substantial number of expats. Qatar economy is largely centered on is vast gas and oil reserves, with oil production accounting for around two-thirds of total government revenues. However, as with most Gulf States, Qatar is looking to reform and liberalize its economy to avoid over-reliance on hydrocarbons. The Qatar Financial Centre was established in 2005 with the aim of attracting international financial services...

JURISDICTION 2014

Why should Chinese investors form companies in Qatar?Qatar is one of the world most dynamic and fast-growing economies in a fast-growing region, underpinned by an estimated US$16.7 trillion of magnetisable oil and gas reserves. Moreover, Qatar is also ranked the 13th most business-friendly country in the world and highest in the Middle East (World Economic Forum Global Competitiveness Report 2013-2014). At the heart of the investment case is the stellar performance of Qatar economy. Between 2007 and 2012, nominal GDP grew at a compound average annual rate of 17%. The International Monetary Fund forecasts that the GCC economy will grow...

CORPORATE & FIDUCIARY JURISDICTION 2014