Qatar – The Entrepreneurial SpiritQatar – The Entrepreneurial Spirit

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Vision 2030

Dependent on export of natural resources2008

Knowledge based economy- Innovation- Education

- Entrepreneurship

2030

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Arab entrepreneurial wave

2009 2010 2011

26%

11%

9%

Arab respondents

Qatar respondents

24%

33%

%age of youth wanted to set up their own businesses

25%

Source: Silatech Qatar Report 2012

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What makes it favorable?

• Access to funds and knowledge– Qatar went up 32 places on “getting credit” indicator in World Bank

2012 Doing Business Report

• Paperwork and process is easy to start business– 8 places up on “starting a business” in World Bank 2012 Doing

Business Report

• No income tax and very less corporate taxes• Investible wealth availability

Source: Silatech Qatar Report 2012

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Secondary factors

Growing internet and mobile penetration

Thank You

For more information, please check www.mixilion.com or email us at contact@mixilion.com