In accordance with article 2 of Qatar Law No. 11/2015 Promulgating the Commercial Companies Law, a commercial company is defined as “an agreement under which two or more natural or legal persons commit to contribute to a profit-generating project, by way of providing capital or work and sharing the profit generated or loss sustained from the project”. This agreement must satisfy the essential elements, including the conditions related to the agreement formation, validity, and enforceability, as well as the objective and formal requirements (Qatar Law No. 22/2004 Promulgating the Qatari Civil Code).

Companies in Qatar are limited to specific legal forms, each governed by unique characteristics and regulatory requirements. According to article 4 of Qatar Law No. 11/2015, these forms include a:

• Joint liability company.

• Limited partnership.

• Joint venture company.

• Public shareholding company (PSC).

• Private shareholding company.

• Partnership limited by shares.

• Limited liability company.