The Qatar Financial Centre (QFC)
What is the Qatar Financial Centre?
With QFC, firms can accelerate business growth in Qatar and beyond while becoming part of the country’s swift expansion into a major trade and investment hub. Since 2005, QFC has helped over 1,500+ companies from across the globe set up and run their operations in Qatar as one of the world’s fastest growing economies.
QFC allows up to 100% foreign ownership, 100% repatriation of profits, and charges a rate of 10% corporate tax on locally sourced profits. Its legal, judicial, and regulatory framework is based on English common law and international best practice, with an independent court, regulatory tribunal, and dispute-resolution centre.
Qatar offers an unsaturated market bursting with billion-dollar opportunities, and growth in manufacturing, construction, and financial services has lifted the contribution of the non-oil sectors to over half of Qatar’s nominal GDP.