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30 January 2023

09 Rajab 1444

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

Law Summary Record Type: LawNumber: 5Date: 25/05/2002 Corresponding to 14/03/1423 HijriNumber of Articles: 348Status: In force

Official Gazette :Issue: 7Offcial Journal Issue Publication Date: 03/08/2002 Corresponding to 25/05/1423 HijriPage from: 17

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from 02/10/2002
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Article 152 ( Amended By Law 16 / 2006 )
Starting Date: 02/10/2002 Expiry Date : 27/06/2006

The company capital shall be divided into equal shares. The nominal value of each share shall be not less than ten Qatari Riyals. The issue expenses of these shares may not exceed 1% of the nominal value of the share.

Article 152
Starting Date: 27/06/2006

The company's capital shall be divided into equal shares. The nominal value of each share shall not be less than ten Qatari Riyals. The issue expenses of these shares may not exceed 1% of the nominal value of the share.

However, the nominal value of a share may not be less than ten Qatari Riyals provided that the Ministry's approval is granted.

Article 152 - (Amended By Law 16 /2006)
Starting Date : 27/06/2006

However, the nominal value of a share may not be less than ten Qatari Riyals provided that the Ministry's approval is granted.

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Starting Date : 02/10/2002 Expiry Date: 27/06/2006