The Ministry of Commerce and Industry has launched the Qatar Business Map portal, available on the Ministry’s website. The initiative falls in line with the Ministry’s commitment to creating more transparent and efficient services.
This follows the requirements of Law No. (1) of 2020 on the Unified Economic Register, which aims to support the transparency of economic and financial transactions by compiling basic information, data, and documents for economic establishments, legal arrange-ments, non-profit organisations, and free-lancers, and making them available to the public and to stakeholders. This step also aligns with the Financial Action Task Force (FATF) requirements.
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 for the various available commercial activities.
The portal also offers sta-tistics 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 indicated that the public and all concerned parties can view infor-mation and data on the various commercial establishments by visiting the Qatar Business Map page via the following link: https://businessmap.moci.gov.qa
The Ministry has also announced the launch of 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 Ministry stated that a QR code would be included on the documents issued via the Ministry’s Single Window platform in order to assist the concerned authorities in viewing the commercial registration data and verifying their validity and accuracy. The Qatar Business Map portal is a database for entrepreneurs and investors to facilitate their access to target customers.
The portal also 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.
The portal helps find residential areas for entrepreneurs and investors to establish their commercial activities, in addition to analysing the location to understand the target customer base and to measure the feasibility of the commercial project in a specific area
.The Ministry indicated that the initiative aims to assist the concerned authorities by reducing misleading data submitted to the concerned authorities by some companies, thereby ensuring the validity and accuracy of commercial registration data and releasing commercial companies from the obligation to use the company’s seal to stamp the requests submitted to the con-cerned entities to obtain their services.
It also aims to assist by exempting com-mercial companies from obtaining the seal and manual signature of the competent administrative units at the Ministry of Com-merce and Industry to ensure accuracy and validity of data of the commercial registers in case they refer back to the concerned authorities and enabling the concerned authorities to confirm data accuracy of doc-uments by scanning the QR code available on the official documents issued by the Ministry
