1. Partnership Company;
2. Limited-Partnership Company; and
3. Joint Venture company

B. Financial Companies

1. Limited Company;
2. Stock Company; and
3. Limited-Liability Company

Second: Permit procedures and required documentation 

1. Partnership and Limited-Partnership companies
2. Establishment contract signed by the shareholders;
3. Completion of permit procedures and registration with Companies Department and its declaration in the commercial register; and
4. No partner is admitted to a partnership company under the age of 18 years or being non Yemeni national. 2

Limited companies

Shareholders must not be less than five person; A permit decree by the prime Minister need to be issued for a Public Stock Company, and only a Minister?s decision is needed for a Closed Stock Company; Permit decision and statute to be published in the official Gazette on the company?s expense; Stock companies that sell 25% or more of its shares publicly -for two years from registration date- are exempted from stamp duties, registration fees, real estate fees, loan contracts, and mortgage deed related to their activities as well as capital tax; Share?s face value not to be less than 100 Rials and not to exceed 1000 Rials; Shares cash value to be paid in one or several installments but the first not to be less than 20% of the share value and full value of share should be paid within four years from the date of foundation? declaration; All company stocks have equal rights and governed by equal commitments; and Shareholder is not responsible for company?s commitments except within his/her share in its capital.

Third: Company management

Board of Directors membership not to be less than three and not more than eleven members ; The majority of the Board membership has to be of Yemeni nationality and residence Yemen; A Board member has to be a shareholder; Government or one of its entities to be represented in the Board in consistent with its shares but does not participate in other members? elections; and It is not permissible to be a Board member and a holder of a public (government) position.

Limited-Liability companies

This company consists of two to twenty-five partners. Permit The Preliminary Contract, Articles of Association, and the Capital Document; Minister to issue permit decision; and Capital is divided into shares each not be less than five thousand Rials. Management The company is run by one or more managers but less than seven (Managers? Council)