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

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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