Board Approves Establishment Regulations And Invite Investors to Apply to Join the Zones

The Board of Directors of the Free Zones Authority (QFZA) held its fourth meeting today, chaired by His Excellency Mr. Ahmed bin Mohammed Al Sayed, Minister of State and Chairman of the Board. The Board approved the second package of the free zone regulations and reviewed progress made so far on the zones infrastructure projects, investment attracting activities and internal processes.

The regulations approved by the Board of Directors included regulations related to land rents, building permits and planning regulations, and licensing fees and asset leases. The approved regulations will make it easier for local and foreign investors to identify their business activities and submit their applications.

The Authority invites local and foreign investors interested in investing in Qatar Free Zones to consult the regulations on the authority’s website (www.fza.gov.qa), or contact the Business Development and Investors Affairs Department of the Authority at investors@fza.gov.qa.

At its previous meeting in July 2018, the QFZA Board of Directors had approved the first package of licensing regulations and registration system of companies in the free zones in the country. Also during IPEC 2018, the QFZA announced that it will publish all details and laws relating to free zones before the end of November 2018.