Qatar Financial Centre (QFC)

Qatar Financial Centre (QFC)

The Financial Centre (QFC) is a premier onshore business and financial hub located in Doha, Qatar. Established under Law No. 7 of 2005, QFC serves as a vital platform for businesses to thrive in Qatar's fast-growing economy. This innovative centre plays a crucial role in advancing the objectives of Qatar National Vision 2030, which focuses on economic diversification and sustainable development.
For entrepreneurs and businesses aiming to establish or expand operations in Qatar, the QFC offers unparalleled benefits. Partnering with experienced consultants like Tejwaans Corporate Group ensures a seamless and efficient setup process within this world-class environment.

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What Is 100% Ownership in Qatar?

Traditionally, foreign investors in Qatar needed to partner with a Qatari national or entity, with the local partner holding at least 51% ownership. However, recent changes in Qatari laws allow 100% foreign ownership in a wide range of industries, eliminating the mandatory need for a local partner in many sectors. This development is particularly beneficial for companies looking to maintain full control over their operations, profits, and strategic decisions. Under the Qatar Foreign Investment Law, 100% ownership is permitted in most sectors, including technology, logistics, manufacturing, healthcare, and education. However, there are a few exceptions, particularly in sectors deemed critical to the country’s national interests, such as oil and gas, where local partnership requirements may still apply.

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Why Choose QFC?

The QFC provides a business-friendly ecosystem that aligns with international standards. It offers a comprehensive range of regulated and non-regulated legal and regulatory services, making it an attractive choice for both domestic and international businesses. The advantages include:

• 100% Foreign Ownership: Investors can fully own their businesses without the need for a local partner, fostering autonomy and control.
• 100% Repatriation of Profits: Businesses can transfer profits abroad without restrictions, ensuring maximum financial flexibility.
• Competitive Corporate Tax: A 10% tax rate on locally-sourced profits makes QFC one of the most tax-friendly jurisdictions in the region.
• Global Integration: Businesses benefit from being part of Qatar’s strategic transformation into a global trade and investment hub.

These incentives make the QFC an ideal destination for startups, SMEs, and multinational corporations alike.

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QFC’s Governance and Support Framework

The QFC operates under the governance of four independent bodies that ensure businesses receive optimal operational, regulatory, and judicial support. These include:

• The QFC Authority: Manages licensing and operational processes.
• The Regulatory Authority: Supervises and ensures compliance with international financial regulations.
• The Tax Department: Administers tax policies, offering clarity and efficiency for businesses.
• The QFC Civil and Commercial Court and Regulatory Tribunal: Provides dispute resolution in line with global legal standards.

This robust governance structure underscores QFC’s commitment to creating a reliable and efficient business environment.

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Tejwaans Corporate Group: Your Trusted Partner in QFC Setup

Navigating the complexities of setting up a business in Qatar can be challenging. This is where Tejwaans Corporate Group, a leading business consultancy in Qatar, steps in. With expertise in company formation, business advisory, and regulatory compliance, Tejwaans ensures a hassle-free experience for clients seeking to establish their presence in the QFC.

Our services include:

• End-to-End Business Registration: From document preparation to securing QFC licensing.
• Regulatory Guidance: Ensuring compliance with QFC’s legal and tax requirements.
• Tailored Advisory Solutions: Addressing specific business needs for startups and established companies.
• Comprehensive Support: Offering assistance with visas, banking, and operational setup.

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Unlock Qatar’s Potential with Tejwaans Corporate Group

With Qatar emerging as a global business and financial hub, establishing your company in the QFC opens doors to vast opportunities. By choosing Tejwaans Corporate Group as your consultants and advisors, you gain a partner dedicated to your success.

Let us help you leverage the benefits of the QFC while aligning with Qatar’s ambitious vision for a sustainable and diversified economy. Together, we can turn your business aspirations into reality in one of the world’s most dynamic markets.

For inquiries, contact Tejwaans Corporate Group today.

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