Document background
The Operating Agreement For Corporation is a fundamental document required for establishing and operating a corporation in Qatar. It becomes necessary when incorporating a new company or updating the governance structure of an existing corporation under Qatar law. This agreement is particularly crucial as it must comply with Qatar Commercial Companies Law No. 11 of 2015 while setting out the comprehensive framework for corporate operations, including shareholder relationships, management structure, decision-making processes, and capital arrangements. The document serves as the primary reference point for resolving internal corporate matters and must be carefully drafted to balance local legal requirements with international best practices in corporate governance.
