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Articles Of Incorporation Association Template for United Arab Emirates

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Key Requirements PROMPT example:

Articles Of Incorporation Association

"I need Articles of Incorporation Association for a UAE-based technology company with mixed local and foreign ownership, planning to operate in Dubai's mainland area from March 2025, with specific provisions for future funding rounds and technology IP protection."

Document background
Articles of Incorporation Association are fundamental documents required when establishing a company in the United Arab Emirates. They serve as the primary constitutional document that defines the company's legal structure, operational framework, and governance mechanisms. Used during the initial company registration process with the Department of Economic Development, these articles must comply with UAE Federal Law No. 2 of 2015 and its subsequent amendments, particularly regarding foreign ownership regulations. The document includes essential information about share capital, shareholder rights, management structure, profit distribution, and dissolution procedures. It forms the basis for all corporate governance decisions and is crucial for protecting shareholder interests while ensuring regulatory compliance.
Suggested Sections

1. Introductory Provisions: Company name, legal form, and founding shareholders' details

2. Definitions and Interpretation: Key terms used throughout the document and rules of interpretation

3. Company Name and Legal Form: Official company name in Arabic and English, and type of legal entity

4. Company Objectives: Detailed description of permitted business activities and scope

5. Head Office and Branches: Location of registered office and provisions for establishing branches

6. Duration: Term of the company's existence and renewal provisions

7. Share Capital: Amount and structure of share capital, types of shares, and nominal value

8. Share Transfer and Ownership: Rules and procedures for transferring shares and ownership restrictions

9. Management Structure: Composition and powers of the board of directors or managers

10. Shareholder Meetings: Procedures for general assemblies and voting rights

11. Financial Affairs: Financial year, accounts, auditing requirements, and profit distribution

12. Dissolution and Liquidation: Procedures and grounds for company dissolution and liquidation process

Optional Sections

1. Preemptive Rights: Used when shareholders want specific rights for purchasing new share issuances

2. Tag-Along and Drag-Along Rights: Include when shareholders require specific exit rights protections

3. Executive Committee: When company size warrants an additional management layer

4. Shareholder Reserved Matters: For companies requiring specific shareholder approval on certain decisions

5. Dividend Policy: When shareholders want specific dividend distribution rules

6. Non-Competition: When restrictions on shareholder business activities are required

7. Deadlock Resolution: For companies with equal shareholding structures

8. Islamic Finance Compliance: When company operations need to comply with Shariah principles

Suggested Schedules

1. Schedule 1: Shareholders and Share Capital Details: Detailed breakdown of shareholding structure and capital contributions

2. Schedule 2: Board Governance Procedures: Detailed procedures for board meetings and decision-making

3. Schedule 3: Business Activities: Comprehensive list of licensed business activities

4. Schedule 4: Powers of Attorney: Template forms for delegating management authority

5. Schedule 5: Key Performance Indicators: Metrics for evaluating company and management performance

6. Appendix A: Shareholders' Contact Information: Contact details and notice requirements for shareholders

7. Appendix B: Company Seal and Logo: Official company identifiers and usage guidelines

8. Appendix C: Initial Business Plan: First-year operational and financial projections

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Financial Services

Technology

Real Estate

Manufacturing

Trading

Professional Services

Healthcare

Education

Retail

Construction

Hospitality

Logistics

Consulting

Energy

Media and Entertainment

Relevant Teams

Legal

Compliance

Corporate Governance

Executive Leadership

Finance

Risk Management

Corporate Affairs

Business Development

Operations

Administrative

Relevant Roles

Chief Executive Officer

Managing Director

Company Secretary

Legal Counsel

Corporate Lawyer

Compliance Officer

Board Director

Chief Financial Officer

Chief Legal Officer

Corporate Governance Officer

Risk Manager

Business Development Director

Shareholder Relations Manager

Operations Director

Company Registrar

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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