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Articles Of Association And Memorandum Of Association

Articles Of Association And Memorandum Of Association Template for Qatar

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Key Requirements PROMPT example:

Articles Of Association And Memorandum Of Association

"I need Articles of Association and Memorandum of Association for a Qatar-based technology consulting company to be established by March 2025, with 51% local ownership and 49% foreign ownership, including specific provisions for technology IP protection and employee share options."

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Document background
The Articles of Association and Memorandum of Association are essential documents required for company incorporation in Qatar, governed by the Qatar Commercial Companies Law No. 11 of 2015. These documents must be prepared and submitted to the Ministry of Commerce and Industry or the Qatar Financial Centre Authority (for QFC companies) as part of the company registration process. They establish the fundamental rules and regulations governing the company's operations, including share capital structure, management framework, shareholder rights, and corporate governance procedures. The documents must comply with specific Qatari legal requirements while accommodating the company's unique business needs and objectives. These constitutional documents serve as the primary reference point for resolving corporate governance issues and guiding company operations throughout its lifetime.
Suggested Sections

1. Parties: Details of the founding shareholders/members establishing the company

2. Background: Context of the company formation and purpose of the document

3. Definitions and Interpretation: Key terms used throughout the document and rules of interpretation

4. Company Name and Type: Official company name, type of legal entity, and trading name if applicable

5. Company Objects: Detailed description of business activities and objectives of the company

6. Duration: Period of company existence (typically unlimited unless specifically limited)

7. Share Capital: Details of authorized and issued share capital, types of shares, and their nominal value

8. Share Rights and Restrictions: Rights attached to shares, transfer restrictions, and share certificate provisions

9. Shareholders' Rights and Obligations: Rights, responsibilities, and obligations of shareholders

10. General Assembly Meetings: Procedures for conducting ordinary and extraordinary general assembly meetings

11. Board of Directors: Composition, appointment, removal, powers, and duties of the board

12. Management Structure: Management hierarchy, roles, and responsibilities

13. Financial Matters: Financial year, accounts, audits, and dividend distribution

14. Dissolution and Liquidation: Procedures for company dissolution and asset distribution

Optional Sections

1. Preemptive Rights: Used when shareholders are to have first right to purchase new shares - common in private companies

2. Tag-Along and Drag-Along Rights: Include for companies expecting future investment or exit possibilities

3. Shareholder Reserved Matters: For companies requiring specific shareholder approval for certain decisions

4. Islamic Finance Compliance: Required for companies operating under Shariah principles

5. Branch Offices: Include if company plans to establish branch offices

6. Executive Committee: For larger companies requiring an executive committee structure

7. Special Share Classes: When company has multiple share classes with different rights

8. Foreign Ownership Provisions: Required when foreign shareholders are involved

Suggested Schedules

1. Schedule 1: Initial Shareholders: Details of founding shareholders including names, nationalities, shares held, and contact information

2. Schedule 2: Share Capital Structure: Detailed breakdown of share classes, numbers, and nominal values

3. Schedule 3: Board Members: Initial board members' details and terms of appointment

4. Schedule 4: Company Objects Detail: Comprehensive list of business activities and licenses

5. Schedule 5: Shareholder Reserved Matters: List of decisions requiring special shareholder approval

6. Appendix A: Form of Share Certificate: Template for company share certificates

7. Appendix B: Board Resolution Templates: Standard templates for board resolutions

8. Appendix C: Power of Attorney Templates: Standard templates for company-related powers of attorney

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions
Clauses








































Relevant Industries

Financial Services

Manufacturing

Real Estate

Technology

Healthcare

Retail

Professional Services

Construction

Energy

Telecommunications

Hospitality

Education

Transportation and Logistics

Media and Entertainment

Trading and Distribution

Relevant Teams

Legal

Corporate Governance

Compliance

Corporate Affairs

Board Secretariat

Risk Management

Finance

Executive Management

Shareholder Relations

Business Development

Relevant Roles

Chief Executive Officer

Chief Legal Officer

General Counsel

Company Secretary

Corporate Governance Officer

Legal Director

Compliance Manager

Board Secretary

Managing Director

Chief Financial Officer

Corporate Affairs Manager

Risk Management Officer

Shareholder Relations Manager

Business Development Director

Investment Manager

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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