Company Articles of Association are mandatory constitutional documents required for incorporating any company in Qatar. They must comply with the Qatar Commercial Companies Law (Law No. 11 of 2015) and other relevant regulations, including specific requirements if established in the Qatar Financial Centre or Free Zones. The document defines the company's internal management structure, shareholders' rights and obligations, share capital details, voting procedures, and governance framework. It serves as a binding agreement between shareholders and the company, and must be submitted to regulatory authorities during company registration. The Articles must be in Arabic (with optional English translation) and require notarization and official approval. They form the backbone of corporate governance and are essential for protecting shareholder interests while ensuring compliance with Qatari law.
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1. Parties: Details of the founding shareholders/partners, including names, nationalities, addresses, and identification numbers
2. Background: Brief context about the company's formation and purpose
3. Definitions: Key terms used throughout the Articles of Association
4. Company Name and Type: The official name of the company and its type (LLC, QPSC, etc.)
5. Company Objects: Detailed description of business activities the company is authorized to conduct
6. Head Office: Location of the company's registered office and provisions for branches
7. Duration: Term of the company's existence and conditions for extension
8. Share Capital: Amount of capital, number and types of shares, and their nominal value
9. Share Transfer: Procedures and restrictions for transferring shares
10. Management Structure: Composition of board/managers, appointment process, and powers
11. Shareholders Meetings: Procedures for general assembly meetings and voting rights
12. Financial Matters: Financial year, accounts, auditing, and profit distribution
13. Dissolution and Liquidation: Circumstances and procedures for company dissolution
1. Preemptive Rights: Used when shareholders want specific rights for purchasing new shares before they're offered to others
2. Tag-Along Rights: Include when minority shareholders need protection in case of majority stake sale
3. Drag-Along Rights: Used when majority shareholders want the right to force minority shareholders to join in the sale of the company
4. Executive Committee: Include when the company needs an additional management layer between board and executive management
5. Shariah Compliance: Required for companies wanting to operate in accordance with Islamic principles
6. Founder Provisions: Special rights or obligations of founding shareholders, if applicable
7. Reserved Matters: List of decisions requiring special majority or specific shareholder approval
1. Schedule 1 - Initial Shareholders: Detailed list of founding shareholders with their respective shareholdings and contribution amounts
2. Schedule 2 - Share Capital Structure: Breakdown of share classes, rights, and nominal values
3. Schedule 3 - Board/Managers Resolution Templates: Standard formats for various corporate resolutions
4. Schedule 4 - Business Activities: Detailed list of licensed business activities with their respective codes
5. Appendix A - Shareholders' Contact Details: Complete contact information for all shareholders for official notices
6. Appendix B - Power of Attorney Templates: Standard formats for powers of attorney for company operations
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