Guide to Memorandum of Association for UAE Companies
The Memorandum of Association (MoA) is a key legal document required for company formation in the UAE , defining the company’s ownership structure, business activities, shareholder rights, and operational rules . It acts as the constitution of the company and is mandatory for Mainland, Free Zone, and LLC businesses . This guide explains the purpose, components, and drafting process of the MoA in the UAE. Understanding the Memorandum of Association (MoA) for UAE Companies A Memorandum of Association (MoA) is a crucial legal document that defines the company’s formation, ownership structure, share distribution, business activities, and operational framework . It must be signed and notarised by all shareholders to be valid. The MoA is mandatory for : Mainland LLC companies Civil companies Partnership firms Branches that require a Local Service Agent (LSA) Certain Free Zone companies (depending on regulations) A business cannot be registered or obtain a trade license in the...