Media City Qatar (MCQ), set up to attract and regulate investment opportunities to support the media ecosystem, has signed a deal with Qatar Financial Centre Authority (QFCA).
Under the Memorandum of Understanding (MoU) deal, the QFC will register media companies pre-approved by MCQ, which will be licensed by both parties.
This partnership allows licensed companies to conduct business in Qatar according to MCQ’s allowed activities.
The QFC will support all necessary governmental procedures and tax-related processes in line with the legal framework and regulations.
Meanwhile, MCQ will oversee the companies’ compliance with the applicable regulations for media entities in the count
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