Palestinian corporate law

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This article covers legislation concerning incorporation of legal persons in the Republic of Palestine according to domestic corporate law. Because of Palestine's strong common law tradition, these classifications developed organically over time through a series of bills passed by the Palestine Arab Congress. The State Revenue Committee is the agency responsible for administering corporate law in Palestine.

List of legal entity types[edit | edit source]

All legal entities are incorporated as one of ten possible legal types, depending on the nature of liability for owners, shareholders or employees:

  • Shariket el-Mossahameh (شركة المساهمة): publicly listed company (minimum capital PSD 450,000)
  • Shariket Mahdoudet el-Mas'oulieh (شركة محدودة المسؤولية): limited liability company (no minimum capital)
  • Shariket Tadamon (شركة تضامن): general partnership
  • Sharikeh Tawsieh Basitah (شركة توصية بسيطة): limited partnership
  • Shariket Tadamoniet Mahdoudet el-Mas'oulieh (شركة تضامنية محدودة المسؤولية): limited liability partnership
  • Ta'awnieh Mamloukeh lil-Mostakhdamin (تعاونية مملوكة للمستخدمين): employee-owned cooperative
  • Mo'assaseh Mamloukeh lid-Dawleh (مؤسسة مملوكة للدولة): state-owned enterprise
  • Sharikeh Tabeah (شركة تابعة): subsidiary
  • Monazzamet Gheir Hokoumieh (منظمة غير حكومية): non-governmental organisation (not-for-profit)
  • Mo'assaseh Kheirieh Mosajileh (مؤسسة خيرية مسجلة): registered charity