Local Certificate Of Incorporation Template for United Arab Emirates

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Key Requirements PROMPT example:

Local Certificate Of Incorporation

"I need a Local Certificate of Incorporation for a technology consulting company to be established in Dubai Silicon Oasis by March 2025, with 100% foreign ownership by a UK parent company and initial capital of AED 300,000."

Document background
The Local Certificate of Incorporation is a fundamental legal document required for establishing a company in the United Arab Emirates. It is issued pursuant to UAE Federal Law No. 32 of 2021 and relevant emirate-level regulations, serving as the primary evidence of a company's legal existence and compliance with local laws. This document is essential for various business operations, including opening corporate bank accounts, obtaining additional licenses, entering into contracts, and engaging in commercial activities. The Certificate of Incorporation must be obtained before a company can commence operations and is typically issued after satisfying various regulatory requirements, including capital requirements, shareholder documentation, and necessary governmental approvals. It forms part of the company's permanent records and may need to be presented to various authorities throughout the company's lifetime.
Suggested Sections

1. Certificate Number and Date: Unique identification number and date of incorporation issued by the relevant authority

2. Company Name: Legal name of the company in both Arabic and English

3. Legal Form: Type of legal entity (e.g., LLC, Private Joint Stock Company)

4. Registered Office: Official registered address of the company in the UAE

5. Share Capital: Amount of authorized and issued share capital

6. Duration: Period of incorporation (typically unlimited)

7. Shareholders: Names and nationalities of founding shareholders and their respective shareholding percentages

8. Commercial License Number: Reference to the associated commercial license

9. Official Attestation: Signature and stamp of the issuing authority

Optional Sections

1. Business Activities: List of licensed activities when specifically required by the issuing authority

2. Board of Directors: Required for Joint Stock Companies, listing initial board members

3. Branch Information: Included when the certificate is for a branch of a foreign company

4. Special Conditions: Any specific conditions or restrictions imposed by the authority

5. Foreign Ownership Declaration: Statement regarding foreign ownership percentage where relevant

Suggested Schedules

1. Shareholder Details: Detailed information about shareholders including ID numbers and contact information

2. Initial Directors: Complete details of appointed directors including their powers and responsibilities

3. Licensed Activities: Comprehensive list of approved business activities with their respective codes

4. Capital Distribution: Detailed breakdown of share capital allocation and payment confirmation

5. Authority Approvals: Copies of preliminary approvals from relevant regulatory authorities

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

Relevant Industries

Financial Services

Real Estate

Manufacturing

Technology

Healthcare

Retail

Professional Services

Construction

Hospitality

Trading

Education

Transportation

Energy

Media

Telecommunications

Relevant Teams

Legal

Compliance

Corporate Governance

Finance

Administration

Corporate Services

Risk Management

Executive Management

Board of Directors

Operations

Relevant Roles

Chief Executive Officer

Managing Director

Company Secretary

Legal Counsel

Compliance Officer

Corporate Governance Officer

Business Development Manager

Finance Director

Operations Manager

Risk Manager

Board Member

Chairman

General Manager

Administrative Manager

Corporate Services Manager

Industries
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

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