Why QFC

10 Reasons to Choose QFC

1. Qatar is one of the world’s most dynamic and fastest growing economies, forecast by the IMF to grow 18.6% in real terms in 2011, while also having one of the world’s highest per capita income levels.
2. Qatar’s future growth is underpinned by an estimated US$16.7 trillion in proven hydrocarbon reserves , while the Qatari Government is committed to creating a dynamic and broad-based economy through the reinvestment of its significant energy wealth.
3. The QFC was established by the Government of Qatar and enjoys the full support of Qatar's Council of Ministers.
4. The QFC Authority is responsible for leading the expansion of Qatar’s financial services sector and offers access to emerging growth market returns, given Qatar’s fast growing economy, balanced by a stable and low risk business environment.
5. The QFC is supported by an international standard, legislative framework, including the Civil and Commercial Court and Regulatory Tribunal.  The world class legal infrastructure is modelled closely on that used in the UK and other major financial centres. 
6. The QFC is neither an offshore centre, nor a free zone. Companies licensed by the QFC are free to operate in both local and other currencies while the QFC tax regime provides an attractive environment for financial services firms to invest in Qatar with all QFC registered companies subject to a 10% corporation tax charged on locally sourced profits,
7. The QFC is not a property development – the QFC legal framework allows buildings in Doha to be designated as QFC sites, which means licensed firms do not have to be physically based in QFC premises
8. The legal statute establishing the QFC allows a very broad range of business operations while the QFC allows 100% ownership by foreign companies and allows all profits to be remitted outside Qatar
9. QFC has its own immigration and employment laws, which means that all such arrangements are handled by the QFC.
10. Qatar offers a range of attractive lifestyle options including sports, culture and restaurants.  In addition there is provision of quality housing, affordable healthcare and a good choice of international schools, while Education City, on the outskirts of Doha, offers a world class campus environment.
     

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