Law No. 5 of 2002, promulgating the Law of Commercial Companies

طباعة
 
Section: Part 8 (261-266)

  • Article 261 

     A holding company is a joint stock or limited liability company that controls financially and administratively one or more other companies that becomes part thereof. The holding company shall own at least 51% of the shares or equities of this company or companies, whether these companies are joint stock companies, limited liability companies or sole proprietorships.

  • Article 262 

     A holding company may not own shares in any kind of joint liability company or limited partnership company. It shall not own any shares in other holding companies

  • Article 263 

     The capital of the holding company shall not be less than ten million Qatari Riyals

  • Article 264 

     The objectives of the holding company shall be as follows:
    1. Participate in the management of its subsidiary companies or companies in which it holds shares.
    2. Invest property in shares, debentures and negotiable instruments.
    3. Provide the necessary support for its subsidiary companies.
    4. Own patent rights, commercial transactions, privileges and other legal rights. It shall also be entitled to exploit and lease its companies for itself or others.
    5. Own moveable and immoveable assets within the limits provided for in this Law.

  • Article 265 

     In addition to its trade name, the term “holding company” shall be added to all documents, advertisements, correspondence and other documents that are issued by the holding company.

  • Article 266 

     Without prejudice to the provisions of this Part, the provisions of this Law pertaining to joint stock companies, limited liability companies and sole proprietorships shall apply mutatis mutandis to all holding companies.
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