Qatar Financial Centre (QFC)
The Qatar Financial Centre (QFC) is an onshore business and financial centre located in Doha, established by Law No. 7 of 2005 of the State of Qatar. A world-class platform for companies, QFC offers its own legal, regulatory, tax and business environment, playing a crucial role in advancing economic development and diversification outlined in the Qatar National Vision 2030.
With the support of QFC's extensive array of legal and regulatory services, adhering to international best practices and encompassing both regulated and non-regulated sectors, companies can seamlessly establish or expand their operations in Qatar.
The QFC provides a compelling value proposition, offering benefits such as up to 100% foreign ownership, complete repatriation of profits, and a competitive corporate tax rate of 10% on locally sourced profits. Moreover, it seamlessly integrates businesses into Qatar's rapid transformation into a prominent trade and investment centre.
For more information about the QFC, please visit www.qfc.qa.
Companies Registration Office (CRO)
The CRO was established under the Qatar Financial (QFC) Law as an authority with independent legal personality and full capacity to act as such and perform legal actions in accordance with the QFC’s Companies Regulations.
The CRO’s core function includes the following:
to receive and process all applications to incorporate or register all types of Companies and Branches eligible for incorporation or registration;
to keep and maintain in such form as it shall determine an index of the names and registered numbers of the Companies and Branches which are or have been registered;
to receive and process all documents and information required to be filed with the CRO;
to keep and maintain in such form as it shall determine a register in respect of each of the Companies and Branches which are or have been registered and any other Entities which may be registered by the CRO pursuant to any other Regulations, to record in such register all documents and information filed with or delivered to the CRO in respect of such Companies, Branches and Entities and to allow any person to inspect and take copies from such register during the office hours of the CRO;
to administer and impose any financial penalties provided as set out in the relevant QFC Regulations; and
all other functions provided for in the QFC Regulations or any other Regulations or otherwise considered by it to be necessary, desirable or appropriate to achieve, further or assist in relation to any of the above.