Is there a minimum capital mandate in GCC countries for a company whose shares are held privately ?

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Posted by:
ali bourji
03-April-2014

Accounting Share Auditing

Question added by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice
Date Posted: 2014/01/15

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2 Answers

Mohammed Salim Allana

by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Yes, even in Qatar the minimum capital is QAR200 k for LLC establishment.

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mukkur srinivasan varadhan

by mukkur srinivasan varadhan , Chartered Accountant , Chartered Accountant in practice

Yes in Oman OMR20000(for LLC). Oothers can share regarding the respective countries

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