The Qatar Financial Centre (QFC) has become one of the major leaders of domestic, regional and international growth in the UAE and is now a leading financial and business hub. Some of its main benefits include:
- Full onshore and dealing in any currency
- Local business benefits
- 10% tax rate on locally sourced profits
- 100% foreign company ownership
- Provide a foundation for both domestic and international firms
- Fast-growing economy
- Strategic regional location
- Transparent legal and regulatory environment
All QFC-licensed firms have a tax regime which is based on the principles of transparency, efficiency and fairness. They illustrate and apply features that other tax regimes use, however QFC tax legislation is clearly set out in order to implement the best-in-class system that will help cause a balance between its fiscal objectives and the needs of licensed firms..
The QFC offers both nearby and remote firms a legal framework in view of English common law, one of the district’s most strong regulatory administrations alongside a standout amongst the most business friendly tax environments on the planet and effective organization.
QFC also offers:
- Corporate solutions
The Qatar Financial Centre offers attractive advantages to company headquarters, management offices, treasury functions companies, holding companies and special-purposes companies.
- Financial services
QFC offers asset management and insurance through to Islamic Finance in order to support its financial institutions.
- Professional and business services
The Qatar Financial Centre welcomes specialist support services ranging from consultancy and accounting to legal, IT, marketing and brand management services.
- High-net worth individuals and families
For firms having some expertise in wealth management for people and families, the QFC can offer an extensive stage to support a broadness of administrations, including risk administration, tax planning and wealth advice.