Document background
The Articles of Association and Shareholders Agreement is a fundamental document required for establishing and operating a company in the United Arab Emirates. This combined document is essential when incorporating a new company or restructuring an existing one under UAE law, particularly following recent changes in foreign ownership regulations. The document must comply with UAE Commercial Companies Law and includes detailed provisions on company structure, share capital, management rights, profit distribution, and shareholder protections. It's particularly crucial for companies with multiple shareholders, foreign investors, or complex ownership structures, as it provides both the constitutional framework required by UAE authorities and the private arrangements between shareholders. The document needs to be executed in Arabic (or bilingual format) and requires notarization and registration with relevant UAE authorities.
