Memorandum Of Association Uae

Keep in mind that there are following aspects to take note of prior to the submission of the memorandum of association to authorities.

Memorandum of association uae. The memorandum of association and articles of association are the two charter documents for setting up of the company and its operations thereon. A memorandum of association together with articles of association are important documents for a company to be incorporated these documents clearly define a company s objectives for company formation and company registration in uae. The memorandum of association moa is the root document of the company containing all the basic details about the company. A memorandum of association also known as memorandum or moa is a document regulating a company s external activities and it has to be drawn up on the formation of the company.

Moa or memorandum of association is a company s corporate document wherein it defines the company s scope of powers and its constitution. Memoranda of association dubai. Association clause a memorandum of association has to clearly specify the subscriber s intention in forming a business in uae. It is good to know that all the companies in the uae must have their own articles of association and memorandum of association as stipulated by the applicable legislation.

The memorandum is a public document and may be. Almost all of the clauses of a memorandum may be modified by the company s shareholders by following the prescribed procedures. The moa is to be divided into paragraphs. Name addresses description and signature of subscriber.

18 subject to the approval of the registrar the memorandum and articles of association of the company may be amended by a resolution of members. A memorandum of association moa is a legal document prepared in the formation and registration process of a limited liability company to define its relationship with shareholders. Own an interest in real property situated in the united arab emirates. The moa is accessible to the public and describes the company s name physical address of registered office names of shareholders and the distribution of shares.

This would be the last clause. Memorandum of association abbreviated as moa is the root document of the company which contains all the basic details about the company.