Approximately 5 million tons of natural gas annually and 40,000 bpd of condensate will be produced offshore and then liquified at another plant to be constructed at Ras Laffan port. The LNG will then be transported by tankers to designated facilities that will be built to accommodate the product. Foreign Investment Incentives Qatar offers up to ten to twelve years in tax holidays for foreign investors. Wholly foreign-owned firms are permitted to operate in the country. Companies that invest in Qatar's industries enjoy exemptions from taxes on income, electricity, water, and power facilities.
Joint ventures involving foreign partners always take the form of limited liability partnerships.
The 1990 Law No. 25 makes it clear that foreign investors are not allowed to enter into a partnership in a joint stock company with Qatari firms. Law No. 4 requires that a local agent or representative acts as a sales channel for promoting products and services in the local market. Opportunities for U.S. Business Qatar offers a wide range of opportunities for U.S. companies. The sector with the most opportunity for growth, identified by the U.S. Department of Commerce is machinery and transport equipment. The early 1990s saw a dramatic rise in Ford and Jeep exports to the country.