DOHA: The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, is set to participate at the International Products Exhibition & Conference (IPEC), which is being held from October 8 to 10, 2018.
The two-day conference will bring together high-level Qatari and international ministers and dignitaries, along with investors and business leaders from around the world to explore investment and development opportunities in Qatar across different sectors.
IPEC 2018 will feature an international pavilion with exhibitions from Qatari institutions as well as partner countries, and the QFC is expected to welcome business visitors and delegations at the pavilion. The event will also include panel discussions that address Qatar’s economic development, economic growth, and other vital topics.
As part of the event, the QFC will address the audience in a panel discussion entitled Strategies and Initiatives Towards National Vision 2030, which will be held on the first day of the conference.
Yousuf Mohamed Al Jaida (pictured), Chief Executive Officer, QFC Authority said: “The International Products Exhibition & Conference 2018 will undoubtedly provide an important platform to connect foreign investors with Qatar’s public and private sector. This will also enable us to collectively explore the many unique investment opportunities that will help facilitate the sustainable economic growth of Qatar.”
Al Jaida added: “The QFC is fully committed to supporting Qatar’s economic diversification efforts by providing a world class commercial, legal and regulatory environment in line with the Qatar National Vision 2030.”
The QFC is an onshore jurisdiction, allowing companies to operate in and from Qatar within the QFC legal and tax environment. The QFC endeavours to promote Qatar as an attractive business destination. Companies that wish to establish a business in the QFC are guided throughout by a dedicated QFC relationship manager who assists in the process of obtaining a licence and offers support in matters related to operating a business in Qatar.
QFC firms enjoy competitive benefits, such as working within a legal environment based on English common law, the right to trade in any currency, up to 100 percent foreign ownership, 100 percent repatriation of profits, 10 percent corporate tax on locally sourced profits, and an extensive double tax treaty agreement network with 60+ countries.