The Services Proposal step keeps cross-border conversations structured and ensures the right stakeholders are looped in early. QFC SPCs have no minimum share capital and are typically exempt from audited accounts and annual general meetings unless directed otherwise. Changes in directors, SSP, or registered office require timely notice to the QFC authorities.
Scope covers responsibilities, timing, and the evidence needed to progress after Services Proposal.
Mandate reporting cadence and escalation protocols are confirmed at this stage to maintain SPC transparency.