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Qatar: Types of Company

Public Shareholding Company

This page was last updated on 23 September 2020.

The public shareholding company or PSC, also known as a joint stock company or a Qatari shareholding company, is established in accordance with Qatari commercial company law and by virtue of ministerial decree. In general, only Qataris may be shareholders; the three exceptions to this are:

  • A national of another Arab country that has a relevant reciprocal agreement with Qatar
  • Where foreign investment or experience is required, so long as the necessary licence has been granted by the Ministry of Economy and Commerce
  • Where the company has been incorporated under a special decree that allows for foreign shareholding.

A minimum of five shareholders is required. Shareholders are not liable for the company’s obligations, except to the extent of the total nominal value of their respective shareholding.

A PSC may be open (i.e. public) or closed (i.e. private). The minimum capital requirement for an open PSC is QR10 million, with a nominal value for each share of QR10; for a closed PSC, this is reduced to QR2 million.

 

 

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