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Cash Refunds for Tax Losses to be Provided in Qatar Financial Centre

|Approved Changes|Qatar
Qatar

On 5 February 2015, it was announced that tax losses companies licensed for the Qatar Financial Centre (QFC) will be eligible to claim a cash refund for tax losses in their first two years of operations subject to certain conditions, including:

  • The QFC entity is a Limited Liability Company,
  • Operations were launched after 1 January 2015,
  • It carries on a permitted activity in or from the QFC,
  • It has at least 3 full time employees, and
  • It has not elected to benefit from exempt status or to be t…

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