The Memorandum of Association (MOA) is the most important document necessary for any company formation in Dubai. The MOA refers to a legal document that contains the basic information of the company—this includes the name of the company, its purpose, location of the registered office, and the details of the share capital. Besides that, it outlines the liability extent of shareholders and the rules governing the internal management of the company.
For any business to be in Dubai, notarizing the MOA is one of the most important steps one has to go through in order for a business to become legal and within the bounds of the law.
Notarization refers to a process whereby the validity of the document and the person who signs the document is authenticated. Under MOA, a notary public—a public officer appointed by a government—asserts that:
By getting your MOA notarized, you ensure the legal validity of this document and create a credible record for future reference.
Read All about Notarization – Process, Requirements, Fee
Notarization of the MOA is compulsory for the formation of a company in Dubai. The following explains why it’s necessary:
Read more about- 15 Prohibited Notarial Acts that You Should Know
These are the steps for notarizing the MOA in Dubai in a nutshell:
Start by drafting a MOA. The MOA shall consist of the company name, objectives, registered office, share capital of the company, and, finally, the name of the shareholders and their contributed share amounts. Make sure your MOA is in writing and in Arabic. You may take proper professional assistance in drafting a MOA, which shall be written as per UAE company formation rules and regulations.
All founders or shareholders having the right to sign the MOA need to be present while the MOA is notarized. In this case, it is obligatory for them to present a legal form of identification, which is a passport.
This document requires presentation before the Notary Public, a qualified notary public in Dubai, together with identification documents. Address, date, and party’s identity shall be identified to the satisfaction of the Notary Public, who will then determine whether or not the document complies with any legal requirements. A notary can usually be found in government departments, courts, or private legal firms.
It will be upon notary public to ascertain the identities of the signatories, the content in the MOA, and through checking, whether the existing legal requirements have been adhered to. After the satisfaction of these aspects, the notary will go ahead to witness the signing and officially notarize the document.
You want to know- Documents to Notarize in UAE
HHS Dubai Lawyers can assist you comprehensively throughout your MOA notarization. Our team of professionals will help you in:
With HHS Lawyers in Dubai at your side, rest assured, the process of MOA notarization will be carried out effectively and with complete accuracy so that you may focus on your business and get it up and running in Dubai.
Contact HHS Lawyers to schedule a consultation wherein you can discuss your MOA notarization requirements.