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
Share Purchase Agreement
I need a share purchase agreement for the acquisition of 30% equity in a Qatari-based technology company, with provisions for a phased payment plan over 12 months, representations and warranties regarding the company's financial health, and a clause for dispute resolution under Qatari law.
What is a Share Purchase Agreement?
A Share Purchase Agreement is a binding contract that details the sale and transfer of company shares from one party to another in Qatar. It spells out the exact terms of the share sale, including the purchase price, payment method, and when ownership will change hands.
Under Qatar's Commercial Companies Law, these agreements protect both buyers and sellers by documenting key warranties, representations, and conditions that must be met before closing the deal. They typically include important provisions about confidentiality, non-compete clauses, and dispute resolution methods in line with local Qatari business practices and regulations.
When should you use a Share Purchase Agreement?
Use a Share Purchase Agreement when buying or selling shares in a Qatari company, especially for significant ownership transfers. This agreement becomes essential in mergers and acquisitions, corporate restructuring, or when bringing new investors into your business.
The timing is crucial - you need this agreement before any money changes hands or shares transfer. Under Qatar's Commercial Companies Law, having this agreement in place helps prevent disputes by clearly documenting the sale terms, price adjustments, and post-closing obligations. It's particularly important for foreign investors navigating Qatar's ownership restrictions and regulatory requirements.
What are the different types of Share Purchase Agreement?
- Simple Share Sale Agreement: Used for straightforward share transfers between Qatari parties, with basic terms and conditions
- Complex M&A Share Purchase Agreement: Detailed version for large corporate acquisitions, including extensive warranties and indemnities
- Foreign Investment SPA: Specifically structured to comply with Qatar's foreign ownership rules and investment laws
- Family Business Transfer SPA: Tailored for family-owned businesses, including special succession and governance provisions
- Minority Stake Purchase Agreement: Focused on protecting minority shareholder rights under Qatari company law
Who should typically use a Share Purchase Agreement?
- Share Sellers: Current shareholders looking to exit or reduce their stake in Qatari companies, including family business owners and corporate investors
- Share Buyers: Local or foreign investors, strategic corporate purchasers, or investment funds seeking ownership in Qatar-based businesses
- Legal Counsel: Qatari licensed lawyers and international law firms who draft and negotiate the agreement terms
- Company Directors: Board members who approve and oversee share transfers according to company bylaws
- Government Authorities: Ministry of Commerce and Industry officials who must approve certain share transfers, especially involving foreign investors
How do you write a Share Purchase Agreement?
- Company Details: Gather accurate corporate information, including Commercial Registration details and current shareholding structure
- Share Information: Document the number, class, and value of shares being transferred
- Due Diligence: Review company financial statements, liabilities, and any existing shareholder agreements
- Purchase Terms: Define payment structure, timing, and any conditions for closing the deal
- Regulatory Checks: Confirm compliance with Qatar's foreign ownership limits and Ministry of Commerce requirements
- Document Generation: Use our platform to create a legally-sound agreement that includes all mandatory elements under Qatari law
What should be included in a Share Purchase Agreement?
- Party Details: Full legal names, addresses, and registration numbers of buyer, seller, and company
- Share Description: Precise details of shares being transferred, including class, number, and nominal value
- Consideration: Clear statement of purchase price, payment terms, and any adjustments
- Warranties: Seller's guarantees about company status, share ownership, and absence of encumbrances
- Governing Law: Explicit reference to Qatar law and courts' jurisdiction
- Completion Mechanics: Steps for transferring shares under Qatar Commercial Companies Law
- Ministry Approvals: Required governmental consents and registration procedures
What's the difference between a Share Purchase Agreement and an Asset Purchase Agreement?
A Share Purchase Agreement differs significantly from an Asset Purchase Agreement in Qatar's legal framework. While both involve business transactions, they serve distinct purposes and have different implications for buyers and sellers.
- Transaction Scope: Share Purchase Agreements transfer company ownership through share sales, while Asset Purchase Agreement deals with specific business assets like equipment, inventory, or property
- Liability Transfer: Share purchases automatically include all company liabilities, while asset purchases let buyers select specific assets and avoid hidden liabilities
- Regulatory Requirements: Share transfers need Ministry of Commerce approval and may face foreign ownership restrictions, while asset sales often require less regulatory oversight
- Tax Implications: Share transfers attract different tax treatment under Qatari law compared to asset sales, particularly regarding capital gains and transfer taxes
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
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.