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LLC Agreement Memorandum of Association

LLC Agreement Memorandum is a Limited Liability Company or LLC is a kind of company where responsibilities of shareholders are limited as per their share capital limit in the company. In UAE limited liability company is very famous and can be start with minimum two shareholders. The formation of limited liability company requires on local partner or local sponsor. Any company in United Arab Emirates must have a sponsor or service agent. In order start a limited liability company you must have a sponsor; who is UAE national. For different emirates there is different licensing authorities. In Dubai it is Department of Economic Development.

LLC company needs to draw Memorandum of Association (MOA) which includes;

Company Name
Objective of the Firm
Head Office
Name of Shareholders and their addresses
Office Timings
Total Capital
Total number of shareholders and their percentage of share
Name of the manager of the company and their nationality
Profit- Loss Distribution

Owing to the expertise of our seasoned lawyers, we are able to provide legal drafting services in UAE, specifically on the drafting of a Memorandum of Association, which addresses the interests of all shareholders and enable creditors and third parties who will be dealing with the business to understand its range of activities.

If you wish to speak to our experts on drafting of LLC Agreement Memorandum of Association in UAE, call us for a free initial consultation! +971586675900

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