Are you searching for the best and most lucrative business ideas in Qatar with low investment? If so, read this article and select the business idea that fits you most and start your own venture.
Qatar is a very small country. And the geographical location is very nearby Saudi Arabia. However, this is one of the richest countries in the world. Almost all Qataris enjoy a high standard of living. And the country has a rich source of petroleum and natural gas. The Government earns huge revenue from the export of oil and gas. In fact, the income is around 70% of the total export earnings of the country.
Additionally, the country’s openness to global commerce enhances the possibility of becoming a leading financial and business hub globally. In addition, the business environment is conducive to the operation of new companies. There is no income tax or domestic corporate tax.
However, foreign corporations operating in the country are subject to a flat 10 percent corporate tax rate. Aside from customs duties, there are no other major taxes. Furthermore, the tax burden equals 5.2 percent of GDP, and government spending amounts to 31.4 percent of GDP. So Qatar is one of the best places for starting and doing business for new entrepreneurs.
List of 20 Small Business Ideas in Qatar
#1. Beauty Salon
A beauty salon business is perfect in Qatar. Additionally, you can start the business in several ways. Either you can start the business from home or on a mobile basis or from a good retail location. When the first two options demand small capital investment, the third option ensures maximum profitability. Read More…
#2. Open a Catering Business in Qatar
A catering business is easy to start and also very profitable. In fact, the small-scale catering business is one of the most profitable food business opportunities. Also, it is a self-rewarding business. In addition, you can offer numerous customized services to your customers. Also, you can work with other event planning or party planning companies.
#3. Start a Computer-Related Business in Qatar
Every small and big business has learned the importance of computers in running a business. It has improved the operational aspects of the business. There are several ways of initiating computer-based businesses as the home-based also. In addition, computer-related businesses in service industries have huge potential. Read More…
#4. Corn Roasting
The entertainment and tourism industries are hugely growing in Qatar. Therefore, starting a corn roasting business is perfect there. Corn roasting is a profitable and lucrative low-cost venture. And any individual can start this business on a full-time or part-time basis. Roasted corn is ready-to-eat food. Additionally, you can offer various creative foods to your consumers. It is a popular snack item throughout the world. Read More…
#5. Delivery Business
Delivery service businesses are gaining popularity worldwide. This type of service helps to save time. Instead of, having to drive to the local supermarket, your consumers can get items at their doorstep. Furthermore, it is more convenient when people can access the service online.
Nowadays, most people lead extremely busy lives. Therefore, busy schedules, increasing spending capacity, and changing lifestyles are the major reason for gaining the popularity of this service industry globally. Read More…
#6. Financial Services
Qatar is a rich city and the GDP rate is increasing very fast. Thus it creates enormous opportunities for starting a financial service business. Additionally, there are several services and products that you can offer for the different needs of the people. In addition, this is probably the largest industry sector under the sky. This is an industry that doesn’t demand a specific educational background in most cases. Read More…
#7. Greeting Cards Making
A greeting card-making business is perfect for those who enjoy creativity and want to turn their creative minds into successful ventures. This is one of the best home-based business opportunities in Qatar for creative individuals. Greeting cards are a billion-dollar industry now. People need it for plenty of reasons like birthdays, anniversaries, and as well as for business reasons. Read More…
#8. Handyman Business
This is one of the best low-cost business opportunities in the service industry in Qatar. Additionally, you can start and operate the business from home. A handyman business is simply providing the services of a small job or task for clients who lack the skill or time to complete the work themselves.
The working area of a handyman service business is wide. Generally, this type of work includes maintenance, repair, remodeling, plumbing, refurbishing, and electrical jobs. Read More…
#9. IT Related Business
The information technology industry is booming in Qatar. Additionally, this industry offers several business opportunities. It includes software, networking, biometrics, mobile, digital entertainment, content delivery, mobile wallet technology, the internet of things, and so on. Depending on your investment capacity, you can start an IT-related business in Qatar. Read More…
#10. Interior Designing
Qatar is a country full of luxury living. And it is without saying, interior design is a flourishing industry in the country. Interior designing is a perfect career option for individuals who are passionate about design, art, and home decoration.
Any individual of any age can start this business from home. A degree in interior design is always a plus to starting and running a successful interior design business. Read More…
#11. Leasing & Renting Business
Starting the leasing and renting business is definitely a smart way where you can earn huge profits. Leasing and renting businesses have long been a popular moneymaking industry. It is mainly because although not everyone can afford to purchase luxury or recreational equipment, they can pay the rent.
The other reason is the seldom requirement of that essential equipment that doesn’t comply with the purchase. The startup cost of leasing and renting businesses can be high. However, it hugely depends on the types of products and equipment that you purchase to rent. Read More…
#12. Martial Art School
Revenue wise martial arts school business is very lucrative. As it focuses on specialized instruction. Generally, martial arts are the different systems of self-defense. Simply, you can say, it is an art to physically defeat opponents and defend against threats. Martial arts are very popular in Qatar. Even it is a well-accepted form of workout. Read More…
#13. Mobile Car Wash
The vehicle population is higher in Qatar compared to other countries. In addition, the vehicle population is increasing very fast. Almost every family has more than one car. Therefore, starting a mobile car wash business is highly lucrative in Qatar. Running a mobile car wash business is a smart way to make a lot of money without taking much risk of capital investment. The business also eliminates the requirement for a retail business location. Read More…
#14. Pet Related Business
The pet industry is growing rapidly worldwide. People are buying more pets nowadays and spending a lot of money on them to give the ultimate comfort. The attitude and sentiment behind this are the majority of the population now considers their pet to be a member of the family. In this scenario, starting a pet-related business from home is just a wise decision in Qatar. Read More…
#15. Photography Business
Qatar’s tourism and hospitality industry is building momentum as it enters the second half of the decade. Therefore, starting a photography business is one of the best business opportunities for professional photographers. A photographer is a professional that focuses on the art of taking photographs with a camera. A photographer generally works in a freelance capacity and is hired for specific jobs by different clients. Read More…
#16. Start a Real Estate Business in Qatar
The shortage of available accommodation created upward pressure on rents in both the apartment and villa markets, with annual growth of between 5% and 10% per annum evident throughout the Doha market. The supply of new residential accommodation has increased in recent times. In addition, this trend will continue throughout the year as a significant number of apartment projects reach completion. Read More…
#17. Recycling Business
Any individual can earn handsome money from the recycling business. The magnitude of garbage that we produce is increasing day by day at a disturbing rate. While most people are aware of the effects of not recycling used materials, many more are not even aware that recycling can be a lucrative business. You must know the process of recycling the specific product that you want to recycle. This is also an eco-friendly operation. Read More…
#18. Resume Writing
Resume writing is one of the most profitable business ideas in Qatar. And any individual can start a home-based resume writing or CV writing business on a part-time basis. As the business is purely knowledge-based, startup capital requirement is very less. You can also offer other allied services like writing a cover letter, career counseling, and an interview guide. This is a self-rewarding business that you are helping people to find better themselves and their lives. Read More…
#19. Sewing Business
This is one of the most lucrative home business opportunities for women entrepreneurs in Qatar. People who have passion and knowledge for sewing can start a business. In addition, this business is perfect for housewives and moms also. In any case, any individual can make a lot of money from his or her sewing business. Read More…
Transportation is one of the world’s largest industries. Different types of specific demands with the changing lifestyle habit have introduced several innovative and profitable startup opportunities in the transport industry. The transportation and logistics sector is growing rapidly in Qatar. The success of transportation and logistics companies depends decisively on the quality and qualifications of their employees. Broadly, aviation, shipping & ports, land transport, and road freight & logistics are the majors. Read More…
Frequently Asked Questions on Business in Qatar
How to Start a Business in Qatar?
One must follow some basic steps to start a business in Qatar. Have a look below at the most important ones:
- Understand the local market
- Do market research
- Create a business plan
- Select a location
- Choose a catchy name for your business
- Register your company
- Get required licenses and permits
- Open a business bank account
- Hire manpower
What are the different types of business entities in Qatar?
There is a wide range of business entities in Qatar depending on the needs of the investor. Some of them are the following:
- One Person Company
- Simple Partnership
- Joint Partnership
- Limited Liability Company
- Limited Share Partnership
- Joint Venture
- Holding Company
- Public Shareholding Company
- Representative Trade Office
Can foreigners own businesses in Qatar?
Yes, foreigners are encouraged to start a business in Qatar. As matter of fact, in specific categories of industries foreigners can even register a wholly foreign-owned company in Qatar as mentioned in the Qatar Foreign Investment Law of 2010. However, an outsider can run the business only after the Ministry of Business and Trade provide the required approval.
What are the best cities to start a business in Qatar?
The top 5 cities in Qatar to start a new business are listed below:
- Abu az Zuluf.
- Abu Thaylah.
- Ad Dawhah al Jadidah.
- Al Arish.
Doing business is easier in Qatar compared to many other countries. We hope this list of the 20 most profitable business ideas in Qatar will definitely help you in making an informed decision.
About the Author: 99businessideas.com led by Rupak Chakrabarty is committed to helping beginners, entrepreneurs, and small business owners in starting, managing, and growing their businesses.