All Countries
Corporate Governance
LLC Shareholder Agreement

LLC Shareholder Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your LLC Shareholder Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

LLC Shareholder Agreement

"I need an LLC Shareholder Agreement for a Dubai-based technology startup with three international investors from different countries, including provisions for future funding rounds and clear exit mechanisms to be implemented by March 2025."

Celebrated by
Collaborations with
Investors
Document background
The LLC Shareholder Agreement is a foundational document used when establishing or restructuring a Limited Liability Company in the United Arab Emirates. It serves as the primary instrument governing the relationship between shareholders, whether they are local UAE nationals or foreign investors, and must comply with Federal Law No. 32 of 2021 (UAE Commercial Companies Law). This agreement becomes particularly crucial in light of recent UAE legislative reforms allowing 100% foreign ownership in certain sectors. The document typically includes detailed provisions on share capital, management structure, profit distribution, transfer restrictions, and dispute resolution mechanisms. It's essential for protecting shareholder interests while ensuring compliance with UAE corporate governance requirements and local business practices.
Suggested Sections

1. Parties: Identification of all shareholders and the company

2. Background: Context of the agreement and company formation

3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation

4. Company Business and Objectives: Description of the company's business scope and primary objectives

5. Share Capital and Shareholding: Details of share capital, shareholding percentages, and classes of shares

6. Shareholders' Rights and Obligations: Core rights and duties of shareholders

7. Management and Control: Governance structure, appointment of managers, and decision-making processes

8. General Assembly Meetings: Procedures for shareholder meetings, voting rights, and quorum requirements

9. Transfer of Shares: Rules and restrictions on share transfers, including right of first refusal

10. Financial Matters: Profit distribution, dividend policy, and capital contributions

11. Reserved Matters: Decisions requiring special majority or unanimous approval

12. Confidentiality: Protection of company and shareholder confidential information

13. Non-Competition and Non-Solicitation: Restrictions on competitive activities and employee solicitation

14. Term and Termination: Duration of agreement and circumstances for termination

15. Dispute Resolution: Procedures for resolving disputes between shareholders

16. Governing Law and Jurisdiction: Specification of UAE law application and jurisdictional matters

Optional Sections

1. Tag-Along Rights: Protection for minority shareholders to join in sale of majority stake

2. Drag-Along Rights: Ability of majority shareholders to force minority to join in sale

3. Anti-Dilution Provisions: Protection against shareholding dilution in future capital raises

4. Deadlock Resolution: Procedures for resolving management deadlocks

5. Islamic Finance Compliance: Specific provisions ensuring compliance with Shariah principles

6. Exit Strategy: Detailed procedures for shareholder exit, including IPO provisions

7. Intellectual Property Rights: Specific provisions for IP ownership and licensing if relevant to business

8. Related Party Transactions: Rules for handling transactions between company and shareholders

9. Performance Obligations: Specific performance requirements for shareholder contributions beyond capital

Suggested Schedules

1. Schedule 1 - Company Information: Detailed company registration and license information

2. Schedule 2 - Initial Shareholding Structure: Detailed breakdown of initial share distribution

3. Schedule 3 - Business Plan: Initial business plan and strategic objectives

4. Schedule 4 - Reserved Matters List: Comprehensive list of matters requiring special approval

5. Schedule 5 - Share Valuation Methodology: Agreed method for valuing shares for transfers or exits

6. Schedule 6 - Management Structure: Detailed organizational structure and management roles

7. Schedule 7 - Deed of Adherence: Template for new shareholders joining the agreement

8. Schedule 8 - Company Policies: Key corporate policies and procedures

Authors

Alex Denne

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Articles of Association
Board
Business
Business Day
Business Plan
Capital
Company
Confidential Information
Deed of Adherence
Department of Economic Development
Directors
Effective Date
Encumbrance
Event of Default
Fair Market Value
Financial Year
General Assembly
Governmental Authority
Group
Intellectual Property Rights
License
Manager
Material Adverse Effect
Ministry
Notice
Ordinary Resolution
Parties
Permitted Transferee
Related Party
Reserved Matters
Share Capital
Shareholders
Shares
Special Resolution
Subsidiary
Tag-Along Rights
Drag-Along Rights
Transfer
UAE
UAE Companies Law
Ultimate Beneficial Owner
Voting Rights
Working Day
Clauses
Interpretation
Share Capital and Ownership
Share Transfer Restrictions
Pre-emptive Rights
Tag-Along Rights
Drag-Along Rights
Management and Control
Board Composition
General Assembly
Voting Rights
Reserved Matters
Financial Matters
Dividend Policy
Capital Contributions
Information Rights
Confidentiality
Non-Competition
Non-Solicitation
Anti-Dilution
Related Party Transactions
Default
Deadlock Resolution
Exit Provisions
Put and Call Options
Termination
Dispute Resolution
Governing Law
Force Majeure
Notices
Assignment
Severability
Entire Agreement
Amendments
Costs and Expenses
Relevant Industries

Retail

Technology

Manufacturing

Professional Services

Real Estate

Healthcare

Education

Trading

Hospitality

Construction

Media and Entertainment

Financial Services

Logistics and Transportation

Energy

Telecommunications

Relevant Teams

Legal

Corporate Governance

Board of Directors

Executive Leadership

Finance

Compliance

Risk Management

Corporate Affairs

Investment

Shareholder Relations

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

Legal Counsel

Company Secretary

Board Member

Shareholder Relations Manager

Corporate Governance Officer

Business Development Director

Investment Manager

Risk Management Officer

Compliance Officer

General Counsel

Corporate Secretary

Finance Director

Industries
UAE Commercial Companies Law (Federal Law No. 32 of 2021): The primary legislation governing companies in the UAE, including LLCs. Contains provisions on company formation, shareholding structures, management, and corporate governance.
UAE Civil Code (Federal Law No. 5 of 1985): Provides the general framework for contracts and obligations, including principles of contract formation, validity, and enforcement that would apply to shareholder agreements.
Foreign Direct Investment Law (Federal Law No. 19 of 2018): Regulates foreign investment in UAE companies and specifies sectors where 100% foreign ownership is permitted.
UAE Competition Law (Federal Law No. 4 of 2012): Relevant for provisions regarding market competition and anti-competitive practices that might affect shareholder rights and obligations.
UAE Bankruptcy Law (Federal Decree-Law No. 9 of 2016): Important for including provisions related to insolvency and business rescue procedures that might affect shareholders' rights.
Department of Economic Development Regulations: Local regulations that govern business activities and licensing requirements in the respective emirate where the LLC is registered.
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

Find the exact document you need

Share Allocation Agreement

A UAE-compliant agreement governing the issuance and allocation of company shares to shareholders, structured according to UAE Companies Law.

find out more

Limited Company Shareholder Agreement

UAE-governed shareholder agreement establishing rights and obligations between shareholders in a limited liability company, compliant with UAE Commercial Companies Law.

find out more

Unitholder Agreement

UAE-governed agreement establishing rights and obligations between investment fund unitholders and fund manager, compliant with UAE Federal Law and SCA regulations.

find out more

Shareholder Resignation Agreement

A UAE-compliant agreement governing a shareholder's formal exit from a company, including share transfer terms and mutual obligations under UAE law.

find out more

Preference Share Agreement

UAE-governed agreement establishing terms for preference share issuance and shareholder rights under UAE Commercial Companies Law.

find out more

Shareholder Control Agreement

A UAE law-governed agreement establishing rights and obligations between company shareholders, ensuring compliance with local regulations while protecting shareholder interests.

find out more

Shareholders Agreement Contract

A UAE-governed agreement defining shareholders' rights, obligations, and relationships in a UAE-registered company.

find out more

Shareholder Indemnification Agreement

UAE-governed agreement establishing shareholder indemnification terms and obligations under UAE Federal Law No. 32 of 2021.

find out more

Share Redemption Agreement

UAE-governed agreement documenting terms and conditions for a company's redemption of shares from existing shareholders, ensuring compliance with UAE Commercial Companies Law.

find out more

Company Shareholder Agreement

UAE-governed agreement establishing rights and obligations between company shareholders, compliant with UAE Commercial Companies Law and local regulations.

find out more

Venture Capital Shareholders Agreement

A UAE law-governed agreement establishing rights and obligations between venture capital investors, founders, and shareholders, including investment terms, governance, and exit provisions.

find out more

Shareholder Separation Agreement

UAE-governed agreement outlining terms and conditions for a shareholder's exit from a company, including share transfer and post-separation obligations.

find out more

50 50 Shareholder Agreement

UAE-governed agreement establishing rights and obligations between two equal (50-50) shareholders, including governance and deadlock resolution mechanisms.

find out more

Shareholder Operating Agreement

UAE-governed agreement establishing shareholder rights, obligations, and company operational framework under UAE Commercial Companies Law and Sharia principles.

find out more

New Shareholder Agreement

UAE-governed Shareholders Agreement establishing rights and obligations between company shareholders, compliant with UAE Commercial Companies Law.

find out more

Shareholder Withdrawal Agreement

UAE-governed agreement documenting a shareholder's withdrawal from a company, including share transfer terms and post-withdrawal obligations.

find out more

Shareholder Management Agreement

UAE-governed agreement establishing shareholder rights, obligations, and management framework in compliance with UAE Commercial Companies Law.

find out more

Silent Shareholder Agreement

UAE-compliant agreement establishing terms and conditions for a silent partnership arrangement, including investment terms and profit-sharing mechanisms.

find out more

Shareholder Termination Agreement

UAE-compliant agreement governing the exit of a shareholder from a company, including share transfer terms and mutual releases.

find out more

Share Purchase Agreement And Shareholders Agreement

UAE-governed agreement combining share sale provisions with ongoing shareholder arrangements, ensuring compliant transfer of ownership and future corporate governance.

find out more

Private Equity Shareholders Agreement

UAE-governed shareholders agreement establishing rights and obligations between private equity investors and other shareholders, aligned with UAE commercial law and market practice.

find out more

Minority Shareholder Agreement

UAE-governed agreement establishing minority shareholder rights and protections, including voting, representation, and exit provisions.

find out more

Family Business Shareholders Agreement

UAE-governed agreement establishing ownership, governance, and succession framework for family businesses, aligned with UAE Family Business Law.

find out more

Small Business Shareholder Agreement

UAE-governed shareholder agreement defining rights and obligations between small business shareholders, compliant with local commercial law.

find out more

Shareholders Agreement Transfer Of Shares

UAE-governed agreement documenting share transfer between shareholders, including terms, conditions, and regulatory compliance requirements.

find out more

Stakeholders Agreement

UAE-governed agreement defining rights, obligations, and relationships between company stakeholders, compliant with UAE Companies Law.

find out more

Director Shareholder Agreement

UAE-governed agreement defining the relationship between directors and shareholders, including rights, obligations and governance structure under UAE law.

find out more

Proxy Shareholder Agreement

UAE-governed agreement establishing nominee shareholder arrangements and beneficial ownership rights, compliant with UAE Commercial Companies Law.

find out more

LLC Shareholder Agreement

UAE-governed agreement establishing rights and obligations between LLC shareholders, compliant with Federal Law No. 32 of 2021.

find out more

Shareholders Agreement For Private Limited Company

UAE-governed agreement defining rights and obligations between shareholders in a private limited company, ensuring compliance with local commercial law.

find out more

Shareholder Support Agreement

UAE-governed agreement defining shareholders' commitments to provide financial or operational support to a company, aligned with UAE Commercial Companies Law.

find out more

Founder Shareholder Agreement

UAE-governed agreement establishing rights and obligations between founding shareholders of a company, aligned with UAE commercial law requirements.

find out more

Entrusted Shareholding Agreement

A UAE-governed agreement establishing a trust arrangement where one party holds shares on behalf of another, compliant with UAE Federal laws and regulations.

find out more

Partnership Shareholder Agreement

UAE-governed agreement establishing rights and obligations between business partners and shareholders, aligned with UAE Federal Law No. 32 of 2021.

find out more

Share Contribution Agreement

UAE-governed agreement documenting the contribution of shares from contributor(s) to a receiving entity, ensuring regulatory compliance and protecting parties' interests.

find out more

Employee Shareholder Agreement

UAE-governed agreement establishing terms for employee share ownership, including vesting conditions, rights, and exit provisions.

find out more

Shareholder Subscription Agreement

UAE-governed agreement documenting terms for share subscription in a company, including price, quantity, and compliance with local regulations.

find out more

Shareholder Investment Agreement

UAE-governed agreement establishing investment terms, shareholder rights, and corporate governance structure for company investments.

find out more

Shareholder Transfer Agreement

UAE-governed agreement documenting the transfer of shares between shareholders, ensuring compliance with local commercial law and regulations.

find out more

Joint Venture And Shareholders Agreement

UAE-governed agreement establishing terms and conditions for joint venture partnership and shareholder relationships in a UAE company.

find out more

Nominee Shareholder Agreement

UAE-governed agreement establishing terms for nominee shareholding arrangements, defining rights and obligations between nominee shareholders and beneficial owners.

find out more

Sales Of Shares Agreement

UAE-governed agreement for the sale and purchase of company shares, detailing transaction terms and ensuring regulatory compliance.

find out more

Amended And Restated Shareholders Agreement

UAE-governed agreement that amends and restates existing shareholders' arrangements, updating rights and obligations between company shareholders.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.