Document background
A Board Resolution For One Person Company is a crucial legal document used in Qatar when a single individual, acting as both shareholder and director, needs to make formal company decisions. This document type was introduced following Qatar's Commercial Companies Law No. 11 of 2015, which formally recognized single-person companies. The resolution serves multiple purposes, including documenting important business decisions, demonstrating regulatory compliance, and providing evidence of proper corporate governance. It may be required for various corporate actions such as opening bank accounts, authorizing transactions, appointing representatives, or making significant business changes. The document must be drafted in accordance with Qatari law and may need to be presented to government authorities, banks, or other third parties as proof of corporate authorization.
