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The Qatar Financial Centre (QFC)

The Qatar Financial Centre (QFC) is one of the world’s leading and fastest-growing onshore business and financial centers that aims to promote Qatar as an attractive business hub.

What is the Qatar Financial Centre?

The Qatar Financial Centre (QFC) is one of the world’s leading and fastest-growing onshore business and financial centers that endeavors to promote Qatar as an attractive business destination and lies in the crossroads between East and West. The QFC offers its own legal, regulatory, tax and business infrastructure.

The QFC offers competitive benefits, such as working within a legal environment based on English common law, trading in any currency, up to 100% foreign ownership, 100% repatriation of profits, 10% corporate tax on locally sourced profits, and double taxation avoidance agreements with 81 countries.

The QFC’s unique platform allows firms to do business in Qatar and the region and has attracted a business community of over 730 firms from around the world that operate in a variety of sectors. This has created a community of over 3500 people, with a total AuM of over US$20 billion.

Facts

Further Information

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.