A government spokesman confirmed to AFP reports in local Arabic language media saying that the reform would be introduced in eight days.
The spokesman said the panel would begin its work on March 18.
Labour disputes have, until now, been dealt with inside the court system, but the panel will be overseen by the labour ministry.
The panel was part of a package of wholesale reforms agreed by Qatar last November as it sought to head-off a potentially embarrassing enquiry being launched by the UN's International Labour Organization (ILO) into alleged labour exploitation.
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Qatar has come under intense global pressure since winning the right to host the World Cup to overhaul its labour practices, which critics have compared to modern-day slavery.
Human rights groups have attacked the Gulf state for its "kafala" sponsorship system, which forces the country's some two million migrant workers to seek employer's consent to change jobs or leave the country.
An ILO office will open in Qatar later this year, possibly as soon as next month.
Qatar, which is embroiled in a deepening diplomatic dispute with neighbouring countries, is spending around $500 million a week on preparing for the World Cup.