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Business Articles Of Association
"I need Business Articles of Association for a UAE-based technology consulting company to be established in March 2025, with two international shareholders (60-40 split) and specific provisions for intellectual property protection and employee share options."
1. Introduction: Company name, legal form, and founding shareholders' details
2. Definitions and Interpretation: Key terms used throughout the document and rules for interpretation
3. Formation of the Company: Declaration of company establishment and its legal form
4. Name and Head Office: Official company name and registered office location
5. Objects of the Company: Detailed description of permitted business activities
6. Duration: Term of the company's existence
7. Share Capital: Capital structure, value and number of shares
8. Share Transfer and Pre-emption Rights: Rules and procedures for transfer of shares
9. Management of the Company: Management structure, appointment of managers/directors
10. Shareholders' Meetings: Procedures for general assemblies and voting rights
11. Financial Affairs: Financial year, accounts, auditing requirements
12. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
1. Board of Directors: Required for larger companies or when opting for a board structure instead of managers
2. Executive Committee: For companies wanting an additional management layer between board and executives
3. Reserved Matters: List of decisions requiring special majority or unanimous approval
4. Tag Along and Drag Along Rights: Additional share transfer provisions for investor protection
5. Dividend Policy: Specific rules for profit distribution if different from standard provisions
6. Non-Competition: Restrictions on shareholders' competing activities
7. Deadlock Resolution: Procedures for resolving shareholder disputes in 50-50 ownership structures
1. Schedule 1 - Details of Shareholders: Complete information about initial shareholders including shares owned
2. Schedule 2 - Share Capital Structure: Detailed breakdown of share classes and rights
3. Schedule 3 - Reserved Matters: Comprehensive list of decisions requiring special approval
4. Schedule 4 - Company Objects: Detailed list of permitted business activities
5. Appendix A - Initial Business Plan: First-year operational and financial projections
6. Appendix B - Shareholders' Contact Information: Communication details for official notices
Authors
Financial Services
Technology
Real Estate
Manufacturing
Retail
Professional Services
Healthcare
Education
Construction
Hospitality
Trading
Logistics
Consulting
Media and Entertainment
Legal
Corporate Governance
Compliance
Finance
Executive Leadership
Board of Directors
Corporate Secretariat
Risk Management
Shareholder Relations
Business Development
Operations
CEO
Managing Director
Legal Counsel
Corporate Secretary
Chief Financial Officer
Compliance Officer
Board Director
Chairman
General Counsel
Corporate Governance Officer
Risk Manager
Business Development Manager
Operations Director
Shareholder Relations Manager
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