Guides
Doing business in Qatar - A tax and legal guide
September 2021
Qatar’s sport sector has seen incredibly rapid growth as the country hosted the 2022 FIFA World Cup. Qatar is the only country to have a public holiday dedicated to sports (National Sports Day), which is celebrated every year on the second Tuesday of February. Further to this initiative, Qatar has recently established the first sports business district in the region, with aims to create and scope out business opportunities for the private sector and attract foreign investors to leverage on Qatar’s position as an emerging international sports business hub.
Qatar sports market size by 2025
Sport Accelerator is the region’s 1st sports business district
Qatar SportsTech is a joint venture initiated by Qatar Development Bank, powered by Startupbootcamp and supported by the Supreme Committee for Delivery & Legacy, Qatar Financial Centre (QFC), Aspire Zone Foundation, beIN SPORTS and the Ministry of Commerce and Industry (MOCI). Start-ups participating in the accelerator programme have the support of the entire sports and entrepreneurial ecosystem in Qatar. Through accelerator programmes, high potential candidates are identified, and encouraged to register, and receive intense mentorship in Qatar’s Aspire Zone, the beating heart of sports in Qatar.
Sport Accelerator is a pioneer sport business hub that brings together elite sport businesses under one roof. It is a dedicated sector within Aspire Zone established to leverage Qatar’s status as a global sports business hub by creating new business opportunities for the private sector, attracting foreign investment, and developing Qatari entrepreneurs.
In collaboration with Quest, Ooredoo has launched its own e-sports brand Ooredoo Nation – Gamers’ Land. Quest is the first and largest Qatari-registered firm specialising in the business of e-sports.
Ooredoo Nation - Gamers’ Land aims to transcend geographical boundaries through a gaming community that is inventing, innovating, creating, evolving, and raising the game by the minute.
With the global E-gaming market poised to reach $480bn by 2028, online gaming has laid out a huge pitch for innovation and capital. High internet penetration, easy access to smartphones, especially among the growing young population, and a nationwide interest in sports, is expected to shape a competitive market landscape in Qatar. Sport Accelerator, a pioneer sports business hub, is just one of the many initiatives for creating new business opportunities, attracting foreign investment, and developing Qatari entrepreneurs in the sector.
Qatar's passion for sports and its ambitious vision have positioned the country as a global sporting hub. Renowned for hosting major events such as the FIFA World Cup Qatar 2022™ and international tournaments across various disciplines, Qatar has leveraged sports as a catalyst for driving economic growth and development. Through strategic investments in sports infrastructure, talent development and cutting-edge technologies, Qatar continues to enhance sports performance and fan engagement, while creating an enduring legacy in the realm of sports.
The Invest Qatar Gateway allows to connect with companies in Qatar, find potential partners, and find business opportunities