Document background
The Transfer of Shares Agreement is a crucial document used when transferring ownership of shares in a Qatar-registered company from one party to another. It is essential for both private and public companies, though additional requirements apply for listed entities. The agreement must comply with Qatar's Commercial Companies Law No. 11 of 2015 and related regulations, particularly regarding foreign ownership restrictions and necessary governmental approvals. This document typically includes detailed information about the shares being transferred, purchase price, payment terms, warranties, representations, and various conditions that must be met before and after the transfer. It's commonly used in corporate restructuring, strategic investments, exit arrangements, and succession planning, requiring careful consideration of Qatari corporate law, foreign investment regulations, and tax implications. The agreement serves as both a record of the transaction and a legally binding document that protects the interests of all parties involved.
