Faq's

Each shareholder is individually entitled to raise a case if the company does not raise it. If the mistake is causing damage to a shareholder, he shall notify the company of his intent to file the claim.

For public sessions:

  • A copy of the agenda of the Assembly containing issues for discussion or review
  • Make an official announcement inviting shareholders in two daily newspapers at least one in each language (Arabic and English) as well as the Financial Market website 15 days prior to the proposed date of the meeting
  • The announcement must include a sufficient summary of the agenda of the assembly and all details and documents pertaining to the
  • A copy of the internal auditor’s report, company budget and the plan for the future that is signed by an external auditor and the chairperson of the company’s board of directors.
  • A copy of the report from the Board of Directors.
  • In the event of an election of a member of the Board of Directors, a comprehensive list of the candidates shall be submitted in compliance with the provisions of Articles 97 and 98 of the Companies Law, accompanied by copies of their personal identification cards.
  • In case of a financial institution an approval from Qatar Central Bank is a must

For Extraordinary Sessions:

  • Can only be held by the company if the board of directors are requested by shareholders representing at least 25 per cent of the share capital
  • Must be attended by shareholders representing at least 75 percent of the company capital
  • A copy of the agenda of the Assembly shall include the matters provided in Article 137
  • A copy of the declaration to be published  in the official gazette in at least each language
  • A copy of the company’s budget signed off by the auditor and the chairperson of the company’s board of directors.
  • A statement of the materials to be modified before and after the amendment and completion of the required documents for the required amendment as the case may be.
  • If a financial institution, an approval from Qatar Central Bank is required for submission.

The public shareholding companies can work in all kinds of business activities.

  • Article of Association
  • Minimum  five founders.
  • Capital amount of at least QAR 10 million. Bank deposit of not less than 20% and not more than 60% of the capital for a public shareholding company.
  • Capital of at least QAR 2 million deposited to the bank in full for a private shareholding company
  • Founders’ names, nationalities, resident status, professions, and number of subscribed shares by each of them.
  • A document showing the name of an elected individual by the founders from among them that will be responsible for the management of the company.
  • Feasibility study
  • Any other requirements related to the company’s activity.

If the company is under liquidation, the liquidator shall take action based on a decision of the General Assembly.