Qatar Financial Centre Authority (QFC)
The Qatar Financial Centre (QFC) is a world-class onshore business and financial centre located in Doha, Qatar. Established by Law No. 7 of 2005, the QFC offers it’s own legal, regulatory, tax, and business environment that is conducive to economic development and diversification, in line with Qatar National Vision 2030.
conducive to economic development and diversification, in line with Qatar National Vision 2030.
The QFC provides a broad range of legal and regulatory services, both regulated and non-regulated, that align with international best practices. This allows domestic and international companies to set up or expand their business in Qatar with ease.
The QFC offers a number of advantages to businesses, including
- 100% foreign ownership
- 100% repatriation of profits
- A competitive rate of 10% corporate tax on locally-sourced profits
- Integration into Qatari’s swift expansion into a major trade and investment center
The QFC is governed by four independent bodies:
- The QFC Authority
- The QFC Regulatory Authority
- The QFC Dispute Resolution Centre
- The QFC Financial Services Regulatory Authority
- The QFC’s business-friendly ecosystem operates in line with international best practices to ensure clients receive optimal operational, regulatory, and judicial support.