The Qatar Financial Centre is a global business and financial centre. Its onshore platform provides opportunities to expand to and from the Middle East.
The QFC Authority manages and maintains the QFC legal and tax environment, and licenses firms to conduct business in or from the QFC. The Authority also develops relationships with the global financial community and other key institutions, both within and outside Qatar, helping to develop the country’s private sector.
QFC firms benefit from:
- Legal and judicial framework based on English common law
- Independent court, regulatory tribunal and dispute-resolution centre
- 100% foreign ownership
- 100% repatriation of profits
- 10% corporate tax on locally-sourced profits
- No restrictions on the currency used for trading
- Quick and easy set-up process
- Qatar’s extensive double-taxation agreements network