The Qatar Financial Centre (QFC) Authority has hosted an appreciation event for the Ministry of Interior (MoI), which is responsible for supporting QFC-registered firms during their post-registration process.
Raed al-Emadi, chief commercial officer at the QFC Authority, thanked the MoI team for its continued support.
He said, “Our partners in the MoI have supported the QFC and its clients for a number of years now. It’s a partnership that has proven to be invaluable and as such we would like to offer our sincere appreciation and gratitude to the MoI team based in the QFC for its hard work and ongoing dedication.
“At the QFC, we are committed to providing our firms with all the support necessary to ensure that they can fully focus on their individual growth and expansion.”
Once a company submits its application, a dedicated QFC relationship manager is appointed to provide guidance on the registration process, obtaining a licence and setting up operations.
QFC firms enjoy competitive benefits, such as operating within a legal environment based on English common law, the right to trade in any currency, 100% foreign ownership, 100% repatriation of profits, 10% corporate tax on locally sourced profits and an extensive double tax treaty agreement network with more than 60 countries.
Raed al-Emadi
