Shareholders Agreement And Articles Of Association Template for Qatar

The Shareholders Agreement And Articles Of Association is a foundational document required when establishing or restructuring a company in Qatar. It serves dual purposes: the Articles of Association fulfill the statutory requirements under Qatar's Commercial Companies Law, while the Shareholders Agreement provides additional layers of protection and detailed arrangements between shareholders. This document is particularly crucial when setting up businesses with multiple shareholders, foreign investment components, or complex ownership structures. It must comply with Qatar's legal framework, including the Commercial Companies Law (Law No. 11 of 2015), Foreign Investment Law, and where applicable, Qatar Financial Centre regulations. The document typically includes provisions for company management, share transfers, profit distribution, dispute resolution, and protection of minority shareholders' interests, all while ensuring alignment with Qatar's legal requirements and business practices.

1. Parties: Identification of all shareholders and the company, including full legal names, addresses, and nationality details as required by Qatar law

2. Background: Context of the agreement, company formation details, and purpose of the document

3. Definitions and Interpretation: Definitions of key terms used throughout the agreement and interpretation rules

4. Company Name and Form: Official company name in Arabic and English, and legal form of the company under Qatar law

5. Company Objects: Detailed description of business activities aligned with Qatar Commercial Companies Law

6. Share Capital and Shares: Details of share capital, share classes, par value, and distribution among shareholders

7. Share Transfer Restrictions: Procedures and restrictions for transferring shares, including right of first refusal and tag-along rights

8. Management Structure: Composition and powers of the board of directors, management appointments, and decision-making processes

9. Shareholders Meetings: Procedures for general and extraordinary meetings, voting rights, and quorum requirements

10. Reserved Matters: Decisions requiring special majority or unanimous shareholder approval

11. Dividend Policy: Rules for profit distribution and dividend declarations

12. Financial Matters: Financial year, accounts, auditing requirements, and financial management principles

13. Non-Competition and Confidentiality: Restrictions on competitive activities and protection of company information

14. Termination: Circumstances and procedures for terminating the agreement

15. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law clauses