Qaren.qa - Qatar’s financial comparator - Glossary - Non-Financial Foreign Entity (NFFE)

Glossary - Non-Financial Foreign Entity (NFFE)

A NFFE (non-financial foreign entity) is a non-US incorporated/established entity that does not meet the definition of an FFI (foreign financial institution) and includes:


- listed or privately held operating or trading businesses


- professional service firms


- certain entities with a passive trade (ie, not an operating or trading business)


- charitable organisations.