Process of Amending Memorandum and Articles of Association UAE
Changes to a company’s memorandum of association or MOA can take effect through the passing of a special resolution during the meeting of shareholders. A company’s MOA can be changed; …
Month: March 2021
Agreement for Appointing a Local Service Agent in UAE
Foreign businesses planning on establishing their brand in the UAE are to partner with a local sponsor or local service agent to meet regulatory requirements and obtain representation with the …
Reasons Why Object Clause is Important in a UAE Memorandum of Association
UAE Commercial Companies Law require companies to include an object clause in a memorandum of association. The clause sets out exactly how why company is made and lists the economic …
Comprehensive Guide on Declaration of Complaint in UAE
Declaration of complaint or complaint letters are effective in resolving issues that pertain to poor customer service experiences, bad products, or problems that have the potential in leading to legal …
Crucial Points on Declaration for Sale of Marine Vehicles in UAE
A declaration for the sale of a marine vehicle in UAE is a type of document that relays information regarding a marine vehicle’s purchase and sale. While it’s also used …
Share Transfer Agreement in UAE
A share transfer for a UAE company to another shareholder, either as a gift or by sale, is very common. Private companies can expect the transfers of company shares to …
Guide on Annulment of Memorandum of Association for UAE Joint Liability Company
As soon as subscribers sign a memorandum of association for a joint liability company in UAE, they are legally bound in performing obligations that are under the legal corporate document. …
Essential Clauses of Share Purchase and Assignment Agreements in UAE
A share purchase and assignment agreement is used whenever a company or individual is acquiring or selling the shares of a company. The legal document is legally binding, which means …