Like many jurisdictions around the world, the Qatar Financial Centre (QFC) has established compliance procedures that require legal entities registered or formed in the QFC to identify their ultimate beneficial owners (UBO)....more
In the wake of Russia's military invasion of Ukraine, several countries, starting with the 27 member states of the European Union and followed by the United States, Canada, Switzerland and Norway, have implemented...more
3/7/2022
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In May 2021, Qatar implemented the first phase of its national COVID-19 response plan for the gradual lifting of the COVID-19 restrictions. On October 3, 2021, Qatar entered into the fourth and final phase of the plan, as the...more
The Qatar Financial Centre Authority ("QFCA") Tax Department have issued a Concessionary Statement of Practice (the "Statement") providing for an exemption to Qatar Financial Centre ("QFC") companies performing contracts in...more
The Government of Qatar, acting through various ministries and agencies, continues to monitor the spread of the novel coronavirus (COVID-19) and has implemented a coordinated set of measures to prevent the spread of COVID-19....more