Institute Of Chartered Accountants Of India (ICAI) And Qatar Financial Centre Authority (QFCA):
The Union Cabinet has approved the signing of MoU between the Institute of Chartered Accountants of India (ICAI) and the Qatar Financial Centre Authority (QFCA).
- The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in Qatar.
- This MoU will benefit the Ministry of Corporate Affairs, Institute of Chartered Accountants of India and Qatar Financial Centre Authority.
- ICAI has an active Chapter in Doha, Qatar which was established in the year 1981 and is the oldest among the 36 overseas Chapters of the ICAI. Qatar (Doha) Chapter is amongst the most vibrant Chapters of ICAI.
- The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament of India, The Chartered Accountants Act, 1949′, to regulate the profession of Chartered Accountancy in India.
- Qatar Financial Centre Authority (QFCA) an independent legal entity established pursuant to Law No. (7) of 2005, is responsible for the development and promotion of the QFC as a world-class on-shore financial and business centre in the State of Qatar.