The Partnership Dissolution Agreement is a crucial document used when business partners decide to formally end their business relationship in Qatar. It becomes necessary when partners choose to terminate their partnership due to various reasons such as retirement, disagreement, or strategic business decisions. This document must comply with Qatar Commercial Companies Law No. 11 of 2015 and related regulations, requiring specific procedures for partnership termination, asset distribution, and liability settlement. The agreement typically includes detailed provisions for handling partnership assets, outstanding debts, ongoing contracts, employee matters, and necessary governmental notifications. It also addresses post-dissolution obligations, confidentiality requirements, and dispute resolution mechanisms, all within the framework of Qatar's legal system.

1. Parties: Identification of all partners involved in the dissolution, including their full legal names, addresses, and Qatar ID/CR numbers

2. Background: Brief history of the partnership, reference to original partnership agreement, and reasons for dissolution

3. Definitions: Definitions of key terms used throughout the agreement, including specific Qatar law references where applicable

4. Effective Date of Dissolution: Clear statement of when the partnership will be dissolved and ceased to carry on business

5. Partnership Assets and Division: Comprehensive arrangement for the division and transfer of partnership assets, including real estate, equipment, and bank accounts

6. Settlement of Liabilities: Process for handling outstanding debts, obligations, and liabilities of the partnership

7. Financial Statements and Accounts: Provisions for final accounting, including preparation of closing financial statements and tax returns

8. Client and Contract Management: Handling of existing clients, contracts, and business relationships

9. Employee Matters: Treatment of employment contracts and employee entitlements in accordance with Qatar Labor Law

10. Confidentiality: Ongoing obligations regarding confidential information and trade secrets

11. Mutual Release: Partners' mutual release from claims and obligations, subject to terms of the agreement

12. Governing Law and Jurisdiction: Confirmation of Qatar law application and jurisdiction for disputes

13. Notices: Process for serving formal notices under the agreement

14. Execution: Signature blocks and execution requirements compliant with Qatar law