QFC application fee for a non-regulated firm
How much does the QFC charge to apply for a non-regulated licence?
The situation
The QFC cut the application fee for non-regulated activities from USD 5,000 to USD 500, except for Single Family Offices.
The law
- QFC application fee for non-regulated activities: Application fee cut from USD 5,000 to USD 500 for non-regulated activities
What it means for you
USD 500 is about QAR 1,820 at the pegged rate. This covers the application only; annual licence fees, office or desk costs and immigration costs are separate. Regulated firms, such as those needing QFC Regulatory Authority approval, follow a different path and fee scale, so confirm your activity is non-regulated before budgeting.
What to do
- Confirm your activity is non-regulated.
- Apply on the QFC portal.
- Pay the USD 500 fee.
- Budget for annual costs.
We can do this for youSetting up in the Qatar Financial Centre or a Qatar Free Zone, and registering for QFC tax: QAR 12,000