No, the registration process can all be done online. However, you will need to be in Qatar in person to process The Qatar ID and this will need to be done by the SEF (Senior Executive Function) of the company within 3 months of the company’s incorporation.
QFC has a legislative system that is based on English Common Law with an independent court, regulatory tribunal, and dispute-resolution centre.
No, QFC offers 100% tax-free repatriation of profits and returns for shareholders.
No, QFC allows 100% foreign ownership. There is no need for a local partner.
No, registration with WPS (wage protection system) for employees is not required.
Having an office on the premises of QFC is not mandatory. Office space can be leased by the client in ServCorp, Regus or any other business centres on QFC’s approved list.
The incorporation process takes approximately 2 weeks for an individual or 4-6 weeks for a subsidiary setup.
The activities which are not allowed are any kind of trading activities, manual professions, or commission-based businesses.
The filing of taxes is to QFC tax authority not the General Tax Authority.
The Initial deposit to open a corporate bank account with the Commercial Bank of Qatar is QAR 100,000. This is significantly less than the usual QAR 500,000 charged to companies incorporating in other jurisdictions.
No, the QFC does not help the client in opening a corporate bank account. It must be done by the client him/herself or a designated third party.
The commercial office should be chosen at the initial stage of the application, prior to the set up. Otherwise, an amendment fees of USD 200 will be applied for changing the office address.
Yes, the registration fees of USD 5,000 are applied for each company incorporated with QFC.
Book a call with one of our company formation specialists.
Regional Business Development Manager
Head of Corporate Structuring
Head of Operations
Senior Business Consultant
Business Consultant - Qatar