Document background
A Board Resolution To Transfer Shares is a crucial corporate document required under Qatar law when company shares are being transferred between parties. This document is essential for maintaining proper corporate governance and ensuring compliance with Qatar Commercial Companies Law No. 11 of 2015. It is typically required when shareholders wish to sell or transfer their shares, during corporate restructuring, or as part of succession planning. The resolution must include specific details about the transfer, such as the number of shares, parties involved, and consideration paid. For companies registered in Qatar, including those in the Qatar Financial Centre (QFC), the resolution must comply with local regulatory requirements and may need additional approvals depending on the company's status (public or private) and the nature of the transfer. The document forms part of the company's permanent records and may be required by government authorities, banks, or other stakeholders as evidence of proper corporate authorization.
