Joint venture company
A Joint Venture Company is a company formed by two or more persons. You will find here all the information regarding Joint venture companies in the State of Qatar.
It is an unincorporated entity, without validity against third parties and has no legal personality and is not subject to any registration procedures in the commercial register.
A Memorandum of a joint venture may be proved by all evidential means including substantive and circumstantial evidence.
- The resolutions of a Joint Venture Company are decided by the unanimous vote of all the partners, unless stated otherwise by the Memorandum.
- If non-Qataris are partners of a Joint Venture Company, then the company is allowed to carry out only those business activities stipulated by law for non-Qataris.