STAND NUMBER: 1240
Qatar Financial Centre
The QFC is a fully onshore business and financial centre located in Doha, and provides an excellent platform for firms to incorporate and do business in Qatar and the region. It offers its own legal, regulatory, tax and business infrastructure, which allows 100% foreign ownership, unlimited repatriation of profits, no restrictions on the currency used for trading, and charges a competitive rate of 10% corporate tax on locally sourced profits.
These foundations have helped to foster Doha`s world-class business environment. Qatar is currently ranked as the 18th most business-friendly country in the world (Economic Forum Global Competitiveness Report 2016-2017) and within the top 40 financial centres worldwide (Global Financial Centre Index September 2016).
The QFC has recently undertaken several legal and structural enhancements, together with process improvements, to encourage a broader range of professional and business services firms to be licensed, facilitated by streamlined processes, significantly shortening the turnaround time for applications.
For more information about the QFC, please visit qfc.qa
@QFCAuthority | #QFCMeansBusiness
+974 4496 7660