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