Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Corporate Governance Document
I need a corporate governance document that outlines the roles, responsibilities, and processes for the board of directors and executive management, ensuring compliance with Qatari corporate laws and promoting transparency and accountability within the organization. The document should include guidelines for decision-making, risk management, and stakeholder engagement.
What is a Corporate Governance Document?
A Corporate Governance Document outlines how a company operates, makes decisions, and protects stakeholder interests in Qatar. It sets clear rules for board responsibilities, shareholder rights, and management accountability under Qatar Financial Markets Authority guidelines and the Qatar Commercial Companies Law.
This essential blueprint covers everything from risk management and compliance procedures to ethical standards and transparency requirements. Companies listed on the Qatar Stock Exchange must maintain these documents to show they follow local governance codes, while private firms often use them to build trust with investors and partners.
When should you use a Corporate Governance Document?
Companies need a Corporate Governance Document when expanding operations in Qatar, seeking investment, or preparing for an IPO on the Qatar Stock Exchange. It becomes essential during major organizational changes like mergers, leadership transitions, or when adding new board members.
This framework proves particularly valuable during regulatory audits, helping demonstrate compliance with QFMA requirements. Growing companies use it to establish clear decision-making processes, protect shareholder interests, and build credibility with stakeholders. It's especially important when entering joint ventures or partnerships where transparency about governance structures matters.
What are the different types of Corporate Governance Document?
- Basic Corporate Governance Code: Essential framework outlining board structure, shareholder rights, and reporting requirements for Qatari private companies
- Listed Company Governance Manual: Comprehensive version meeting Qatar Stock Exchange and QFMA requirements, with detailed compliance procedures
- Family Business Governance Charter: Specialized version addressing succession planning, family council roles, and preserving family business interests
- State-Owned Enterprise Framework: Tailored for government-owned entities, emphasizing public accountability and strategic national objectives
- SME Governance Guidelines: Simplified structure for small and medium enterprises, focusing on practical management and growth planning
Who should typically use a Corporate Governance Document?
- Board of Directors: Approves and oversees the Corporate Governance Document, ensuring compliance with QFMA guidelines and company objectives
- Corporate Secretary: Maintains and updates governance documentation, coordinates board meetings, and manages compliance records
- Legal Counsel: Drafts and reviews the document to ensure alignment with Qatar's legal requirements and industry standards
- Shareholders: Review and approve major governance changes, exercise rights outlined in the document
- Executive Management: Implements governance policies, reports to the board, and ensures day-to-day compliance
- Regulatory Bodies: Monitor adherence to governance standards, particularly the QFMA for listed companies
How do you write a Corporate Governance Document?
- Company Structure: Gather details about shareholding patterns, board composition, and organizational hierarchy
- Regulatory Requirements: Review current QFMA guidelines and Qatar Commercial Companies Law provisions
- Stakeholder Input: Collect feedback from board members and major shareholders on governance priorities
- Industry Standards: Research governance practices specific to your sector in Qatar
- Decision Framework: Define clear processes for board meetings, voting procedures, and risk management
- Documentation System: Set up mechanisms for recording and storing governance-related decisions and reports
- Review Process: Establish regular update schedules and compliance monitoring procedures
What should be included in a Corporate Governance Document?
- Board Structure: Detailed composition, roles, independence requirements, and term limits per QFMA guidelines
- Shareholder Rights: Voting procedures, dividend policies, and mechanisms for protecting minority interests
- Committee Framework: Audit, nomination, and remuneration committee structures and responsibilities
- Risk Management: Internal control systems, compliance procedures, and reporting mechanisms
- Disclosure Policy: Transparency requirements, financial reporting standards, and stakeholder communication
- Ethical Standards: Code of conduct, conflict of interest policies, and anti-corruption measures
- Compliance Framework: Alignment with Qatar Commercial Companies Law and QFMA regulations
What's the difference between a Corporate Governance Document and a Corporate Compliance Document?
While both documents address organizational governance, a Corporate Governance Document differs significantly from a Corporate Compliance Document in several key aspects:
- Scope and Purpose: Corporate Governance Documents establish the overall framework for company leadership and decision-making, while Compliance Documents focus specifically on regulatory adherence and internal controls
- Legal Authority: Governance Documents derive authority from Qatar's Commercial Companies Law and QFMA regulations, serving as the primary organizational blueprint. Compliance Documents support this framework by detailing specific regulatory requirements
- Implementation Level: Governance Documents operate at the board and strategic level, while Compliance Documents guide day-to-day operational practices
- Review Cycle: Governance Documents typically undergo updates during major organizational changes, whereas Compliance Documents require frequent updates to match evolving regulations
Download our whitepaper on the future of AI in Legal
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it