The Qatari Ministry of Commerce and Industry (MoCI) has launched the ‘Qatar Business Map’ portal, in an effort to create more transparent and efficient services.
The launching of the portal complies with law requirements for the Unified Economic Register, which aims to support economic and financial transaction transparency by compiling basic information, data, and documents for economic establishments, legal arrangements, non-profit organizations, and freelancers and making them available to the public and stakeholders. This procedure also meets the standards of the Financial Action Task Force (FATF).
The Business Map portal provides a comprehensive database for users, allowing them to view the investment advantages of Qatar’s various regions through a search service for commercial establishments per region, and the various available commercial activities.
The portal also offers data on the number of commercial licenses registered in each municipality, new and signed-off commercial licenses, and the latest commercial establishments registered in Qatar.
The ministry has also launched a commercial registration data verification service for concerned authorities. This initiative supports the ministry’s goal to develop procedures for its service provision to the business and investment sector, thus improving the international indicators of doing business in Qatar, in addition to facilitating audits and periodic inspections of commercial companies and verifying the validity and accuracy of their data.
The portal aims to help users to select the ideal location to establish a business and choose a lucrative business activity. It also helps in identifying the location of potential competitors.
It also helps find residential areas for entrepreneurs and investors to establish their commercial activities, in addition to analyzing the location to understand the target customer base and to measure the feasibility of the commercial project in a specific area.
