Posted on May 19, 2017
The Ministry of Economy and Commerce (MEC) has called on the owners of all types of companies with branches operating under a different name or conducting activities other than those undertaken by the main company, or both, to come forward to make necessary amendments and to be exempted from fees.
 
Should the company owners own the brand, they must demonstrate their brand ownership or prove their right to use it for the non-owners, MEC explained in a statement on Wednesday. The initiative comes within the framework of the MEC’s efforts to provide support for commercial companies in Qatar, and to bolster the role of the private sector and its contribution to the economic development of the state in a bid to build a competitive, diversified and sustainable economy, in line with the Qatar National Vision 2030.
 
The MEC indicated that if there is more than one branch for a main company with a specific business activity, the branches must carry the same brand name and participate in the same business activity. The MEC also indicated that the conditions of the commercial registration can be adjusted by visiting the ministry to add activities to the main company or delete activities from the branches until the activities of the main company and the branches are compatible.
 
It is also possible to change the brand name of the branch or the main company until the names are identical to the name of the main company. The ministry indicated that it is possible to establish a new corporation instead of the separated branch, along with the possibility of moving the non-compatible branch, in order to become an affiliate to the separated branch and under the same name.
 
source: Gulf Times

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