Part 1: Part 1: Application, Commencement and Interpretation
Article 1 - Citation
These Regulations may be referred to as the QFC Tax Regulations.
Article 2 - Application(1) These Regulations are made by the
Ministerpursuant to Article 9 of the QFC Lawand define the scope, computation and administration of taxation of QFC Entities.(2) These Regulations apply to all QFC Entitiesand to Partnersand Membersin, and directors, officers, employees, trustees and Representativesof, QFC Entities.(3) Subject to Article 2(4), to the fullest extent permitted by the QFC Law, the laws, rules and regulations of the Stateof Qatarin relation to taxation do not apply to QFC Entities.(4) For the purposes of Article 2(3), a QFC Entityshall only include—a) an LLC, a QFC Partnershipor Other Permitted Form of QFC Entityincorporated in Qatar; or Amended (as from 18th June 2014)
Article 3 - Commencement
The commencement date of these Regulations is provided for in the issuing resolution.
Article 4 - Language
In accordance with Article 9 of the
QFC Law, these Regulations are written in the English language and the text thereof shall be the official original text. Any translation into another language shall not be authoritative and in the event of any discrepancy between the English text of these Regulations and any other version, the English text shall prevail.