Joint Venture Company
A Joint Venture Company is a company formed by two or more persons.
It is an un-incorporated 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.
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The resolutions of a Joint Venture Company are decided by the unanimous vote of all the partners, unless stated otherwise by the Memorandum.
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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.