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Bespoke Articles Of Association

Bespoke Articles Of Association Template for Qatar

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Key Requirements PROMPT example:

Bespoke Articles Of Association

"Need Bespoke Articles of Association for a Qatar-based technology startup planning to launch in March 2025, with provisions for foreign investment up to the maximum permitted percentage and specific clauses for employee share options and technology IP protection."

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Document background
Bespoke Articles of Association are essential for establishing a company's legal and operational framework in Qatar. This document is required during company formation and must be submitted to the Qatar Ministry of Commerce and Industry or the Qatar Financial Centre Authority, depending on the jurisdiction of incorporation. The Articles must comply with Qatar Commercial Companies Law No. 11 of 2015 and may need to address specific requirements such as minimum capital requirements, local ownership quotas, and Sharia compliance. The Bespoke Articles of Association are particularly important as they define shareholders' rights, management structures, and decision-making processes, while allowing for customization to meet specific business needs and objectives within the parameters of Qatari law.
Suggested Sections

1. Introduction: Establishes the company's formation under Qatar law and defines the document's purpose

2. Definitions and Interpretation: Defines key terms used throughout the Articles and establishes interpretation rules

3. Company Name and Type: States the official company name in Arabic and English, and specifies the type of company

4. Company Objects: Details the permitted business activities and scope of operations

5. Head Office and Branches: Specifies the location of the company's registered office and provisions for establishing branches

6. Duration: States the duration of the company (fixed term or indefinite)

7. Share Capital: Details the company's capital structure, share value, and types of shares

8. Share Transfer and Dealing Restrictions: Sets out rules for transferring shares and any applicable restrictions

9. Management Structure: Defines the management structure, including board composition and authorities

10. Shareholders Meetings: Details procedures for general assemblies and shareholder voting rights

11. Board of Directors: Specifies board appointment process, powers, meetings, and decision-making procedures

12. Financial Matters: Covers fiscal year, accounts, auditing, and profit distribution

13. Dissolution and Liquidation: Establishes procedures for company dissolution and asset distribution

Optional Sections

1. Preemptive Rights: Details shareholders' rights to maintain their percentage ownership in case of new share issuance

2. Tag-Along and Drag-Along Rights: Includes provisions protecting minority shareholders in case of company sale

3. Executive Committee: Establishes an executive committee structure if required for day-to-day management

4. Shariah Compliance: Includes provisions ensuring business operations comply with Islamic law principles

5. Different Share Classes: Defines different classes of shares and their respective rights if multiple share classes are used

6. Reserved Matters: Lists decisions requiring special majority or unanimous approval

7. Dispute Resolution: Specifies arbitration or other dispute resolution mechanisms

8. QFC Specific Provisions: Additional provisions required if the company is registered in the Qatar Financial Centre

Suggested Schedules

1. Schedule 1 - Initial Shareholders: Lists founding shareholders and their initial shareholdings

2. Schedule 2 - Share Capital Structure: Detailed breakdown of share classes and rights attached to each class

3. Schedule 3 - Board Composition: Initial board members and their details

4. Schedule 4 - Reserved Matters: Comprehensive list of matters requiring special approval

5. Schedule 5 - Company Objects Detail: Detailed list of permitted business activities

6. Appendix A - Proxy Form: Standard form for appointing proxies at shareholder meetings

7. Appendix B - Share Certificate Template: Template for share certificates

8. Appendix C - Corporate Governance Guidelines: Detailed corporate governance procedures and policies

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
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Relevant Industries

Financial Services

Professional Services

Manufacturing

Real Estate

Technology

Healthcare

Retail

Construction

Energy

Telecommunications

Hospitality

Education

Transportation

Trading

Consulting

Relevant Teams

Legal

Corporate Governance

Compliance

Board of Directors

Corporate Affairs

Finance

Risk Management

Operations

Strategy

Business Development

Relevant Roles

Chief Executive Officer

Chief Legal Officer

Company Secretary

Corporate Governance Director

Legal Counsel

Compliance Officer

Board Director

Managing Director

Chief Financial Officer

Corporate Affairs Manager

Shareholders

General Counsel

Risk Manager

Business Development Director

Operations Director

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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