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Amended Articles Of Association
"I need to draft Amended Articles of Association for our Qatar LLC to reflect a new shareholding structure where a foreign investor is acquiring 25% ownership, with completion expected by March 2025."
1. Parties: Identification of all shareholders/partners amending the Articles of Association
2. Background: Brief history of the company, reason for amendments, and reference to original Articles of Association
3. Definitions: Key terms used throughout the document
4. Company Name and Form: Legal name of the company and its corporate form under Qatari law
5. Company Objects: Detailed description of business activities the company is authorized to conduct
6. Head Office: Official registered address and provisions for branches
7. Duration: Term of the company's existence and renewal provisions
8. Share Capital: Amount of capital, number of shares, and value per share
9. Share Transfer Provisions: Rules and procedures for transferring shares
10. Management Structure: Composition of board/managers and their powers
11. Shareholders Meetings: Procedures for general and extraordinary meetings
12. Financial Year and Accounts: Financial year definition and accounting requirements
13. Profit Distribution: Rules for calculating and distributing profits
14. Dissolution and Liquidation: Circumstances and procedures for company dissolution
1. Foreign Investment Provisions: Required when there are foreign shareholders, detailing compliance with Law No. 1 of 2019
2. Preemptive Rights: Optional provisions giving existing shareholders priority in new share issuances
3. Tag-Along Rights: Optional provisions protecting minority shareholders in case of majority stake sale
4. Non-Competition: Optional restrictions on shareholders' competing activities
5. Executive Committee: Optional section for companies wanting an executive committee structure
6. Shariah Compliance: Required for companies operating under Islamic banking principles
7. Industry-Specific Provisions: Required for regulated industries like financial services or healthcare
1. Schedule 1 - Shareholder Information: Detailed list of shareholders with their respective shareholdings and nationalities
2. Schedule 2 - Share Capital History: Historical record of capital changes and share transfers
3. Schedule 3 - Commercial Registration: Copy of updated commercial registration details
4. Schedule 4 - Trade License: Copy of current trade license
5. Schedule 5 - Board Resolutions: Relevant board resolutions approving the amendments
6. Schedule 6 - Shareholders' Resolution: Resolution of shareholders approving the amendments
7. Appendix A - Powers of Attorney: If applicable, powers of attorney for signing the amendments
Authors
Financial Services
Real Estate
Manufacturing
Technology
Retail
Healthcare
Professional Services
Construction
Energy
Hospitality
Trading
Education
Transportation
Media and Entertainment
Telecommunications
Legal
Corporate Governance
Compliance
Corporate Affairs
Finance
Executive Management
Board Secretariat
Risk Management
Shareholder Relations
Business Development
Chief Executive Officer
Managing Director
Chief Legal Officer
Company Secretary
Corporate Governance Officer
Legal Counsel
Compliance Manager
Board Secretary
Chief Financial Officer
Corporate Affairs Director
Shareholder Relations Manager
Risk Management Officer
Business Development Director
Operations Director
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