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QFC cuts 90% off application fee to ease business set up in Qatar
The Peninsula, February 18 , 2025
Qatar Financial Centre (QFC) has reduced application fees for licensing an entity on its platform from USD 5,000 to USD 500.
QFC, a leading onshore financial and business center in the region, announced in a statement that the new fee structure applies to all applicants seeking a license to conduct non-regulated activities in the QFC, except for the activities of Single Family Offices.
The decision aligns with QFC's broader strategy to create an optimal environment for businesses of all sizes and reflects a commitment to simplifying business set-up to drive economic growth.