Posted on December 03, 2019

The Qatar Financial Centre (QFC), one of the world’s leading and fastest growing onshore business and financial centres, participated in Going Global Live 2019 in London. The event is Europe’s leading FDI platform for businesses looking to expand internationally, export products and set-up overseas operations.

In this year’s edition, Going Global Live 2019 convened 100 expert speakers who provided participants with in-depth information about investing in some of the world’s most lucrative markets through knowledge-packed seminars and masterclasses. The event also hosted 150 exhibitors featuring their products, services and countries as investment destinations.

Jassim Al-Muftah, Director of Marketing and Corporate Communications, delivered a keynote speech on the first day of the event, taking the audience through the diverse investment opportunities in Qatar and the advantages of investing in the country, highlighting Qatar’s stable and rapidly growing economy, the streamlined process of setting up business, as well as the economic and legislative provisions that support FDI growth.He also underscored the benefits of registering on the QFC platform including quick and easy set-up, trading in any currency, access to an independent and transparent legal environment based on English common law and the connection to Qatar’s business community.

Al-Muftah also delivered a joint presentation with Daniel Ocean, Senior Business Advisor to the CEO, entitled ‘Qatar: Tap into one of the World’s Fastest Growing Economies’ at the Foreign Direct Investment EXPO (FDI Expo), an event which ran in parallel to Going Global Live. The presentation focused on the benefits of setting up a business under the QFC platform and why Qatar is an ideal business destination. 

Jassim Al-Muftah, Director, Marketing and Corporate Communications, QFC Authority said: “We are honoured to have participated in Going Global Live this year where we discussed Qatar as an ideal market for foreign investment to global firms seeking new locations to operate their business. The QFC has an integral role in Qatar’s strategy to develop and diversify the economy, and our participation in this event is a part of our efforts to connect with global stakeholders to attract investment and increase FDI inflow to Qatar.”

The QFC is an onshore jurisdiction that allows registered companies to 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% foreign ownership, 100% repatriation of profits, 10% corporate tax on locally sourced profits, and an extensive double taxation avoidance agreement network with 81 countries.