Ministry of Commerce and Industry participates in China International Fair for Investment and Trade
Ministry of Commerce and Industry participates in China International Fair for Investment and Trade
The Ministry of Commerce and Industry has participated in Qatar Pavilion at the China International Fair for Investment and Trade, which started on Sunday, 8 September 2019, in Xiamen, Fujian Province, southeast China.
The participation of the Ministry of Commerce and Industry in this Fair aimed at enhancing cooperation in trade and investment, increasing volume of trade between Qatar and various countries of the world, and contributing to the success of efforts exerted to activate the contributions of Qatari private sector’s activities to build an effective partnership with their counterparts in the world.
In the event, the Ministry displayed the advantages of the investment environment in Qatar, and highlighted laws and legislations enacted by the State of Qatar to encourage domestic and foreign investment, including the law regulating non-Qatari capital investment in economic activities. Moreover, the Ministry reviewed the incentives and benefits offered to investors such as exempting foreign capital from income tax for a period up to ten years for specific investment projects in many sectors, in addition to exemption from customs taxes and fees when importing equipment and raw materials. It also pointed out the services offered to investors in terms of easiness and efficiency of submitting investment applications, establishing companies and completing transactions.
It is worth mentioning that the China International Fair for Investment and Trade is a prominent global event in the field of global investment and promotion, and is one of the most significant events to attract investment from all over the world, attracting many businessmen, senior officials and organizations specialized in promoting investment from around the world. This Fair is considered an open gateway to investment opportunities in China, Asia and the world.