Regulatory Alerts2015-01-01
Added · Updated
Law No. 11 of 2015 Promulgating the Commercial Companies Law
Law No. 11 of 2015 promulgates the Commercial Companies Law in Qatar, establishing seven specific corporate forms including general partnerships, limited partnerships, silent partnerships, public joint stock companies, private joint stock companies, limited liability companies, and partnerships by shares. The legislation mandates that existing entities regularize their status within six months of the law's effective date, sets a minimum capital requirement of ten million Qatari Riyals for public joint stock companies, and requires a minimum of five founders for their establishment. It further defines governance rules, shareholder liability structures, and administrative procedures for company registration and dissolution under the oversight of the Ministry of Economy and Commerce and the Qatar Financial Markets Authority.
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