Branch of a Non-QFC Limited Liability CompanyQatar · Qatar Financial Centre
What it takes to form, own and run an other legal form in Qatar · Qatar Financial Centre, and how its profit is taxed. Each figure links to the page it was read from.
This company type
At a glance
Quote
A QFC Entity, which is a branch, shall not be regarded as a Resident in Qatar
Form it
Who registers it
- Registry
- Formed without visiting
- Not stated
The registry’s and the law’s own pages do not mention it.
- Formed online
- Yes
What it takes to form
- A notary
- Not stated
The registry’s and the law’s own pages do not mention it.
- A resident director
- Not required
- Paying up the capital
- Not in our records
Own it
Who may own and run it
- Directors
- Does not apply
- Shareholders
- Does not apply
- Members
- Does not apply
- A local company secretary
- Not required
Quote
A Branch shall: (A) appoint and retain at all times a Principal Representative in the QFC who is authorised to accept service of any Document or notice on behalf of the Branch and to undertake any other function as may be prescribed
- A local registered agent
- Not stated
The registry’s and the law’s own pages do not mention it.
Each year, at the registry
Not in our records Annual registry fee, Accounts on the public record, Audit for a small company, Audit: none of these is in our records for the Branch of a Non-QFC Limited Liability Company.
Important dates
When each obligation falls due, as the authority states it.
Not in our records No dates for the Branch of a Non-QFC Limited Liability Company are in our records.
What is public
Not in our records What the register shows the public is not in our records for the Branch of a Non-QFC Limited Liability Company.
Tax
Tax on profit
How this company type is taxed, which can differ from its place’s headline rate.
Flat · 10%+1 regime
A branch is a QFC Entity taxed at the standard 10% corporation tax rate on its Local Source Taxable Profits (QFC Tax Regulations Art 9); it is not treated as resident in Qatar unless the enterprise's place of effective management is there (Art 8(3)).
Quote
A QFC Entity, which is a branch, shall not be regarded as a Resident in Qatar
Work it out on a profit figure: the company’s tax, the owner’s, and what is left.
Special regimes that may apply
- Free Zones exemption from the Income Tax Law free zone · 100% exempt
Entities established in a free zone created by decree on the proposal of the Council of Ministers — currently Ras Bufontas and Umm Alhoul Law No. 34 of 2005 on Free Zones, as amended by Decree Law No. 21 of 2017, article 7; zones established by decree under article 2
Whether a company qualifies depends on its activity and conditions set in each statute.
- CFC rules in Qatar
- Not in our records
Close it
Closing it
The other end, which most guides leave out.
- Route
- Voluntary deregistration on application to the Companies Registration Office (CRO), which may strike the company off after three months (earlier if it is not carrying on business) provided any Insolvency Regulations requirement is met; the CRO may also strike off after a three-month notice (Companies Regulations Art. 131).
Quote
(4) A Company or Branch may apply to the CRO for voluntary deregistration, at the conclusion of 3 months from the date of the application, the Company or Branch may be struck off the register.
- Statutory fee
- Not in our records
Every business in Qatar · Qatar Financial Centre
VAT
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Qatar.
Payment and banking services
None of the services whose lists we hold names Qatar. Each provider, and what a listing means.
Reference
Its name and code
- Kind
- Other legal formDerived our grouping, the same words in every country
- Name in law
- Branch of a Non-QFC Limited Liability Company
- Identifier
- QA-QFC-BRANCHA form ISO 20275 does not list.