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Limited Liability Company Operating Agreement Single Member
"I need a Limited Liability Company Operating Agreement Single Member for my technology consulting business in Dubai, with specific provisions for intellectual property protection and the ability to establish multiple branches across the UAE by March 2025."
1. Parties: Identifies the Single Member as the sole owner and the LLC as a legal entity
2. Background: Sets out the context for establishing the LLC and the member's intention to govern its operation
3. Definitions: Defines key terms used throughout the agreement
4. Formation and Name: Details of company formation, trade name, and registered office
5. Purpose and Powers: Company's business objectives and authorized activities
6. Capital Structure: Details of share capital, payment, and valuation
7. Management Structure: Appointment of managers, powers, and decision-making processes
8. Member's Rights and Obligations: Rights, responsibilities, and obligations of the single member
9. Financial Affairs: Accounting, auditing, and financial management requirements
10. Distributions: Rules for profit distribution and capital returns
11. Transfer Restrictions: Regulations regarding transfer of shares and admission of new members
12. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
13. Governing Law and Jurisdiction: Confirmation of UAE law application and jurisdiction
1. Succession Planning: Used when specific inheritance or succession arrangements need to be documented
2. Branch Operations: Include when the LLC plans to establish branches in the UAE
3. Shariah Compliance: Include for businesses requiring adherence to Islamic law principles
4. Intellectual Property Rights: Include when the business involves significant IP assets
5. Employment Matters: Used when specific employment policies need to be incorporated
6. Related Party Transactions: Include when there are significant business dealings with related entities
7. Power of Attorney Provisions: Include when specific powers need to be delegated to managers or representatives
1. Schedule 1 - Company Details: Details of trade license, registration number, and registered address
2. Schedule 2 - Business Activities: Detailed list of licensed business activities
3. Schedule 3 - Initial Capital Contribution: Details of capital structure and contribution
4. Schedule 4 - Management Appointment: Details of appointed managers and their authorities
5. Schedule 5 - Bank Account Authorities: List of authorized signatories and banking arrangements
6. Appendix A - Share Certificate: Template for the company's share certificate
7. Appendix B - Management Policies: Detailed operational and management procedures
8. Appendix C - Financial Procedures: Detailed procedures for financial management and reporting
Authors
Articles of Association
Business Day
Capital
Commercial License
Company
Confidential Information
Department of Economic Development
Designated Manager
Director
Distributable Profits
Financial Year
Governing Law
Local Service Agent
Management Account
Member
Memorandum of Association
Ministry
Operating Expenses
Principal Office
Register
Registered Office
Share
Share Capital
Single Member Resolution
Trade License
Trade Name
Transfer
UAE
UAE Commercial Companies Law
Company Name and Office
Purpose and Objects
Duration
Share Capital
Management Powers
Decision Making
Financial Management
Profit Distribution
Capital Contributions
Bank Accounts
Books and Records
Confidentiality
Non-Competition
Intellectual Property
Transfer of Shares
Additional Members
Meetings
Voting Rights
Debt Financing
Business Plan
Annual Accounts
Auditor Appointment
Tax Compliance
Insurance
Employment
Indemnification
Force Majeure
Amendments
Notices
Governing Law
Dispute Resolution
Termination
Dissolution
Liquidation
Retail
Professional Services
Technology
Manufacturing
Trading
Real Estate
Consulting
E-commerce
Healthcare
Education
Food and Beverage
Construction
Marketing and Advertising
Financial Services
Legal
Corporate Governance
Executive Leadership
Finance
Operations
Compliance
Administration
Corporate Secretariat
Business Development
Risk Management
CEO
Business Owner
Entrepreneur
Managing Director
Legal Counsel
Corporate Secretary
Chief Financial Officer
Operations Director
Compliance Officer
General Manager
Business Development Manager
Investment Manager
Company Formation Specialist
Corporate Governance Officer
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