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Business Articles Of Organization Template for United Arab Emirates

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Key Requirements PROMPT example:

Business Articles Of Organization

"I need Business Articles of Organization drafted for a technology startup planning to establish in Dubai Internet City by March 2025, with three international shareholders and provisions for future venture capital investment."

Document background
Business Articles of Organization are essential founding documents required when establishing any formal business entity in the United Arab Emirates. This document is mandated by UAE Federal Law No. 2 of 2015 and subsequent amendments, serving as the primary constitutional framework that governs the company's existence and operations. The Articles of Organization must detail crucial aspects such as ownership structure, management framework, capital requirements, and operational guidelines. It's particularly important in the UAE context due to specific local requirements regarding foreign ownership, capital structures, and corporate governance. The document requires careful preparation to ensure compliance with both federal and emirate-level regulations, and must be authenticated by relevant authorities. Companies typically prepare this document during the initial business setup phase, though it may require amendments as the business evolves or when regulations change.
Suggested Sections

1. Company Name and Legal Form: Specifies the company's legal name, trade name if any, and chosen legal form (LLC, Private Joint Stock, etc.)

2. Registered Office: States the company's official address and principal place of business in the UAE

3. Objects of the Company: Details permitted business activities and scope of operations

4. Duration: Specifies the duration of the company (usually indefinite unless stated otherwise)

5. Capital Structure: Details the company's share capital, number of shares, and value per share

6. Shareholders: Lists all shareholders and their respective shareholdings

7. Management Structure: Defines the management framework, including managers' appointments and powers

8. General Assembly: Outlines procedures for shareholder meetings and voting rights

9. Financial Year and Accounts: Specifies the financial year and requirements for accounting records

10. Profit Distribution: Details how profits and losses will be distributed among shareholders

11. Dissolution and Liquidation: Procedures for company dissolution and asset distribution

Optional Sections

1. Branch Offices: Include when the company plans to establish branches within or outside the UAE

2. Share Transfer Restrictions: Additional provisions restricting share transfers beyond statutory requirements

3. Preemptive Rights: Detailed provisions for existing shareholders' rights in new share issuances

4. Tag-Along Rights: Protection for minority shareholders in case of majority stake sale

5. Non-Competition Clause: Restrictions on shareholders' involvement in competing businesses

6. Dispute Resolution: Specific procedures for resolving internal disputes, including arbitration provisions

7. Executive Committee: When additional management layer between board and executive management is needed

8. Reserved Matters: List of decisions requiring special majority or unanimous approval

Suggested Schedules

1. Schedule 1 - Initial Shareholders: Detailed information about founding shareholders including ID numbers and contact details

2. Schedule 2 - Share Capital Contributions: Breakdown of initial capital contributions and payment schedule

3. Schedule 3 - Management Structure: Detailed organizational structure and reporting lines

4. Schedule 4 - Licensed Activities: Complete list of approved business activities with DED codes

5. Appendix A - Shareholders' Contact Information: Full contact details and addresses of all shareholders

6. Appendix B - Initial Board Members: Details of initial board members including their qualifications and positions

7. Appendix C - Specimen Signatures: Authorized signatures for company operations

8. Appendix D - Power of Attorney Templates: Standard formats for delegating authority to managers or representatives

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




































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Relevant Industries

Real Estate

Manufacturing

Retail

Professional Services

Technology

Healthcare

Financial Services

Construction

Hospitality

Trading

Education

Transportation and Logistics

Media and Entertainment

Energy

Telecommunications

Relevant Teams

Legal

Corporate Affairs

Compliance

Finance

Corporate Governance

Board Secretariat

Risk Management

Operations

Executive Leadership

Administrative

Shareholder Relations

Relevant Roles

CEO

Managing Director

Legal Counsel

Company Secretary

Chief Financial Officer

Compliance Officer

Corporate Governance Officer

Board Member

Shareholder Relations Manager

Business Development Manager

Risk Manager

Operations Director

General Manager

Corporate Affairs Manager

Legal Administrator

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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