Qatar Financial Centre (Qfc) Authority

established by the government of qatar in 2005, the qatar financial centre (“qfc”) is an on-shore centre which has become an integral part of qatar’s economy and rapid growth story. qfc is fulfilling its mandate to help build a world-class financial and business environment in qatar, providing a platform for domestic, regional and international growth. the qfc authority is the commercial and strategic arm of the qfc. it is responsible for developing and ensuring compliance with the qfc regulations and rules comprising the qfc’s legal and tax environments. it also helps firms quickly establish a physical presence in qatar and the region. the qfc continues to attract a broad range of leading regulated and non-regulated firms, both domestic and international. qfc-licensed firms benefit from an environment which operates to international standards, with a legal system based on english common law, regulation which is risk and principles-based, and a competitive tax regime.