Company Formation in Qatar Financial Centre Free Zone (QFC)

Qatar Financial Centre is a major business & commercial hub, a leading onshore business and financial centre, welcoming international and domestic companies with the aim to promote Qatar as a major business and commercial hub at the crossroads between East and West. A world-class platform that offers its own legal, regulatory, tax and business environment. Supported by QFC’s broad range of legal and regulatory services, regulated and non-regulated, that align with international best practice.

• Company Limited by Guarantee (LLC(G));
• Limited Liability Company (LLC):
1. Special Purpose Companies (SPCs);
2. Holding Companies;
3. Single Family Offices (SFOs);
4. Investment Clubs (LLC(IC)s);
• Branches of non-QFC Companies, non-QFC Limited Liability Partnerships, or non-QFC Limited Partnerships;
• Limited Liability Partnership (LLP) – created by 2 or 3 founders, the liability of founders is limited to their personal contribution to the partnership;
• Limited Partnership (LP) – a partnership with 2 or more partners, where at least one partner is a general founder with unlimited liability, and other partners share liability according to their contribution;
• General Partnership (GP) – created by 2 or more persons having equal liability;
• Foundation;
• Trust. QFC is the only place in Qatar where a Trust legal regime is available and 100% foreign ownership of Trust assets is permitted.

• Financial license — banking, investments, asset and wealth management, finance, insurance;
• Islamic Finance, Fund Administration;
• Fund Advisory and Fiduciary Businesses;
• Commercial;
• Innovation license — a license for companies engaged in software development, technology research and development, information technology consultants, Internet consultancy, IT infrastructure, portals, computer consultancy;
• Corporate Solutions — Corporate Headquarters, Treasury Operations (Functions), Management Office, Holding Company, Special Purpose Company;
• HNI / Family Offices — Single Family Offices, Trusts, Holding Companies, Investment Clubs, Foundations, Special Purpose Companies;
• Companies Limited by Guarantee — Business Council, Professional Associations, Professional Membership body.

• Application inquiry and assessment;
• Visa allocations;
• Entity registration;
• Lease Agreement;
• Licensing of your business;
• Bank account opening;
• Obtaining permits (if required);
• Issuing Certificate of Completion by QFZ.

• Business Plan;
• KYC Form;
• Application Form;
• Passport Copies of Shareholders/Director/Manager;
• Bank Statement.

The Free Zone allows foreign companies to redomicile from foreign jurisdictions to QFC and, subject to certain conditions, to transfer a QFC company to foreign jurisdictions, if they allow.

General conditions to be met:

1. The current jurisdiction and the future jurisdiction must provide for the possibility of redomiciliation at the legislative level. As a rule, such a possibility exists and is rather often used when it comes to the legislation of classical offshore jurisdictions.
2. The company must be in good standing (all duties and fees must be paid) at the time of the actual change of the company’s registered office address.
3. The company must not be in the process of liquidation or bankruptcy.