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By Laws Articles Of Association
"I need Articles of Association for a UAE mainland LLC with two corporate shareholders (60-40 split) to be established in March 2025, including specific provisions for technology licensing and intellectual property rights between the shareholders."
1. Introduction: Company name, legal form, and founding shareholders
2. Definitions and Interpretation: Key terms used throughout the document and rules of interpretation
3. Company Name and Form: Official company name in Arabic and English, legal structure (LLC, PJSC, etc.)
4. Head Office and Branches: Location of registered office and provisions for establishing branches
5. Company Objectives: Detailed list of business activities the company is authorized to conduct
6. Duration: Term of the company's existence and renewal provisions
7. Share Capital: Amount of capital, number and types of shares, nominal value
8. Share Transfer and Ownership: Rules governing transfer of shares, pre-emptive rights, and ownership restrictions
9. Management Structure: Governance framework including board composition and management authority
10. Shareholders Meetings: Procedures for general assemblies, voting rights, and quorum requirements
11. Financial Year and Accounts: Financial year definition, accounting requirements, and audit provisions
12. Profit Distribution: Rules for allocation and distribution of profits and losses
13. Dissolution and Liquidation: Circumstances and procedures for company dissolution and liquidation
1. Shareholder Reserved Matters: List of decisions requiring special shareholder approval, used in companies with complex ownership structures
2. Tag Along and Drag Along Rights: Special share transfer provisions, typically used in companies with institutional investors
3. Board Committees: Structure and authority of specialized committees, used in larger companies or those with complex operations
4. Dividend Policy: Detailed dividend distribution rules, used when shareholders want specific dividend arrangements
5. Non-Competition: Restrictions on shareholders' competing activities, used when shareholders are active in similar businesses
6. Deadlock Resolution: Procedures for resolving shareholder disputes, important for 50/50 joint ventures
7. Share Valuation: Methods for determining share value in transfers, useful for private companies
8. Islamic Finance Compliance: Provisions ensuring Sharia compliance, used for Islamic financial institutions or Sharia-compliant businesses
1. Schedule 1 - Details of Shareholders: List of founding shareholders with their share ownership and contact details
2. Schedule 2 - Share Capital Structure: Detailed breakdown of share classes, rights, and ownership percentages
3. Schedule 3 - Licensed Activities: Complete list of licensed business activities with respective activity codes
4. Schedule 4 - Board and Management Structure: Details of initial board members and key management positions
5. Schedule 5 - Powers of Attorney: Standard forms of power of attorney for company representatives
6. Appendix A - Shareholder Resolution Templates: Standard formats for shareholder resolutions
7. Appendix B - Share Transfer Forms: Template documents for share transfers
8. Appendix C - Corporate Governance Guidelines: Detailed corporate governance procedures and policies
Authors
Articles
Auditor
Board
Board Resolution
Business Day
Chairman
Company
Company Secretary
Corporate Documents
Department of Economic Development
Directors
Extraordinary General Assembly
Financial Year
General Assembly
General Manager
Governmental Authority
Law
License
Manager
Ministry
Nominee Director
Notice
Ordinary Resolution
Paid-Up Capital
Profits
Register of Shareholders
Registered Office
Related Party
Reserved Matters
Resolution
Share Capital
Shareholder
Shareholders Resolution
Shares
Special Resolution
Subsidiary
Trade License
Transfer
UAE
UAE Companies Law
Ultimate Beneficial Owner
Vice Chairman
Voting Rights
Registered Office
Company Objects
Duration
Share Capital
Share Classes and Rights
Share Transfer Restrictions
Pre-emptive Rights
Share Certificates
Shareholders Register
Board Composition
Board Powers
Board Meetings
Management Authority
General Assembly Meetings
Voting Rights
Dividend Distribution
Reserve Requirements
Financial Statements
Audit Requirements
Amendment Procedures
Confidentiality
Non-Competition
Conflict of Interest
Related Party Transactions
Notices
Dispute Resolution
Governing Law
Dissolution and Liquidation
Tag Along Rights
Drag Along Rights
Share Valuation
Deadlock Resolution
Reserved Matters
Power of Attorney
Corporate Governance
Shareholder Obligations
Exit Rights
Transfer of Shares
Ultimate Beneficial Ownership
Economic Substance
Financial Services
Real Estate
Manufacturing
Technology
Retail
Healthcare
Professional Services
Construction
Energy
Transportation
Hospitality
Education
Media and Entertainment
Trading
Industrial
Legal
Corporate Governance
Compliance
Corporate Affairs
Board Secretariat
Risk Management
Finance
Executive Management
Shareholder Relations
Operations
Chief Executive Officer
Chief Legal Officer
Company Secretary
Corporate Governance Officer
Legal Counsel
Compliance Manager
Board Director
Managing Director
Chief Financial Officer
Corporate Affairs Manager
Shareholder Relations Manager
Risk Management Officer
General Counsel
Operations Director
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