Avanceon incorporates a new wholly owned subsidiary in the State of Qatar

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MG News | November 17, 2020 at 12:59 PM GMT+05:00

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November 17, 2020 (MLN): Avanceon Limited has incorporated a new wholly owned subsidiary in the State of Qatar with the name “Avanceon QFZ LLC” as a limited liability Company under the Companies Regulations of Qatar Free Zones Authority, with RegistrationNo. FZA 194.

The Qatari Government has established Free Zones in Qatar Doha whereby allowing to incorporate Companies with  full  foreign  ownership  without  having  the  need  of  a  Kafeel,  Tax  Holidays/  Zero  Corporate  Tax  and provision  of spacious  premises/  staging  Facility.

With  the  establishment  of  these  Free  Zones,  QFZA  aims  to deliver long term solutions by providing an ideal platform for companies looking to expand and improve their business footprintin Qatar and beyond.

The incorporation of company will open the new business opportunities and enhance the quality and efficiency levels of all our current and upcoming projects and will also enable the Avanceon to achieve business plan/goals in a more effectiveand efficient manner.

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