Once your Commercial Registration (CR) is done, the next step is the Trade License which is a must if you want your office space to be approved by the Ministry of Economy and Commerce.
Getting a trade License might take some time and the process begins with an application filled on the ministry of Economy and Commerce website. The application needs to be submitted to the Ministry of Economy and Commerce with all the requisite documents that are part of the process of setting up or formation of your company.
- ID copies of the authorized persons in your business.
- CR Copy.
- Articles of Incorporation.
- Photo of your office building with the address and location blue plate and picture of your office space along with the signage displaying your business name.
- Building completion certificate and a copy of the ID of the building owner.
- Rental acknowledgment, ownership instrument and Civil Defense approval of your office once it is set up. Keep in mind there are civil defence regulations to the office set up process.
Once the above documents are submitted and confirmation is received by you through an SMS, an officer from the Ministry of Economy and Commerce will pay a visit your office for a physical inspection. The whole process can take anywhere between 1 to 4 weeks.
On successful inspection of the premise, you will receive a message that your Trade License is ready for collection. The Trade License can be collected by paying the fees for the Trade License which amounts to approximately QR 600. With this, you have your Trade License which is the second step to setting up or forming a new company.