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Qatar: Types of Company

Joint Venture

A joint venture company consists of two or more persons who combine to carry out a project. It is an unincorporated entity without legal personality. However, it must specify its objectives, as well as the rights and obligations of the partners, and how profits and losses are to be distributed between the partners.

Non-Qataris may be partners of a joint venture, in which case the company can only carry out those activities permitted for non-Qataris under the country’s laws.

 

 

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