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Articles Of Association For Sole Proprietorship
"I need Articles of Association for a Sole Proprietorship to establish a retail business in Qatar selling traditional handicrafts, with provisions for online sales and potential expansion to three branches by March 2025, including the ability to appoint a general manager to handle daily operations."
1. Parties: Identifies the sole proprietor and their personal details including nationality, Qatar ID, and address
2. Background: States the intention to establish a sole proprietorship and brief context
3. Definitions: Defines key terms used throughout the document
4. Establishment and Name: Declares the establishment of the business and its official trade name in Arabic and English
5. Legal Form: Confirms the business's legal status as a sole proprietorship
6. Business Address: States the official registered address of the business
7. Business Objectives: Details the permitted business activities and scope of operations
8. Capital: Specifies the initial capital investment and source of funds
9. Management: Outlines management structure and authority of the owner/appointed managers
10. Financial Records: Stipulates requirements for maintaining financial records and accounts
11. Duration: States the duration of the business (typically unlimited)
12. Dissolution and Liquidation: Procedures for business closure or transfer of ownership
1. Power of Attorney: Required if the owner wishes to delegate management authority to another person
2. Branch Establishments: Include if the business plans to operate multiple branches
3. Foreign Business Relations: Required if the business will engage in international trade or foreign partnerships
4. Intellectual Property: Include if the business owns or will develop intellectual property
5. Succession Planning: Optional section detailing inheritance or transfer of ownership provisions
6. Employee Regulations: Include if the business will have employees, outlining basic employment terms
1. Schedule 1: Business Activities: Detailed list of licensed business activities with their official classification codes
2. Schedule 2: Initial Assets: Inventory of assets contributed to the business as initial capital
3. Schedule 3: Management Structure: Organizational chart and management responsibilities if managers are appointed
4. Appendix A: Required Licenses: List of mandatory licenses and permits for the business activities
5. Appendix B: Owner's Declaration: Sworn declaration of compliance with Qatari laws and regulations
6. Appendix C: Power of Attorney Document: If applicable, the official power of attorney for appointed managers
Authors
Retail
Professional Services
Construction
Trading
Hospitality
Real Estate
Information Technology
Manufacturing
Tourism
Consulting
Food and Beverage
Healthcare Services
Education Services
Maintenance Services
Legal
Compliance
Corporate Services
Administration
Finance
Operations
Management
Business Development
Corporate Governance
Company Secretariat
Business Owner
Managing Director
Legal Counsel
Company Secretary
Chief Executive Officer
Compliance Officer
Business Development Manager
Operations Manager
Corporate Lawyer
Registration Officer
Administrative Manager
Finance Manager
General Manager
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