Drafting Memorandum of Association
For establishing a business in the UAE, it is very important to have a clear and legally compliant Memorandum of Association (MOA). At HHS Lawyers, we draft, review, and notarize MOAs under the UAE Commercial Companies Law and the requirements of various licensing authorities. Our legal team will ensure that your MOA correctly expresses your business goals and that the interests of all shareholders are protected.
What Is a Memorandum of Association?
A Memorandum of Association, or MOA, is a legal document that defines a company’s structure, scope of activities, capital investment, and shareholder responsibilities. It is one of the most important documents in the business setup process in the UAE when creating a Limited Liability Company (LLC), a Free Zone entity, or entering into a joint venture.
The MOA includes:
- Name and legal status of the company
- Business activities and objectives
- Shareholders and capital contribution
- Distribution of profits and losses
- Powers and responsibilities of partners
- Conditions for the transfer of shares
- Procedures for dispute resolution and termination
In the absence of a properly drafted MOA, your company will not be licensed or legally recognized in the UAE.
Why MOA Drafting Must Be Done Professionally
In the UAE, an MOA must necessarily be drafted in Arabic language or in a bilingual format with Arabic being the legally binding version. The contents must strictly follow the legal format prescribed by the Department of Economic Development (DED) with respect to mainland companies or that which governs the respective Free Zone Authority.
Poor drafting of MOA may lead to:
- Rejection of business license application
- Controversies among the shareholders
- Regulatory penalties
- Delay in company formation
Thus, it is very important that legal experts draft and notarize your Memorandum of Association to be completely compliant and clear.
Our MOA Drafting and Notarization Services
HHS lawyers provide full legal service for your every requirement with respect to MOA. Our services comprise:
1. Customized Drafting
2. Bilingual Document
The Memorandum of Association can be prepared in either the Arabic or bilingual version (Arabic-English), with Arabic being legally binding. Our legal team makes sure about the accuracy of translation and precise legal terminology so that all parties understand their rights and obligations.
3. Notarization and Legalization
We will also arrange the notarization of your MOA by the Notary Public of the UAE itself or such other authority as may be required by the relevant Free Zone. Besides, we help in the procedure of attestation from the Ministry of Foreign Affairs (MOFA) and other entities when required, especially where foreign stakeholders are concerned.
4. MOA Amendments
5. Filing and Registration
We handle all submissions of the MOA with DED, the Free Zone Authority, or offshore registrars. Our goal is to ensure that the entire process of company formation is easier for you.
Why HHS Lawyers?
- UAE Legal Experts: Our lawyers are experienced in UAE corporate law and are completely aware of the latest changes in legislation that concern company formation and MOA drafting.
- Customized Legal Solutions: Every company is unique. We engage closely with you to tailor your MOA in accordance with your particular business model and requirements.
- Law Compliant: We will ensure that your MOA is compliant with the UAE Commercial Companies Law and all relevant regulations in the free zone or offshore jurisdiction.
- End-to-End Assistance: From initial discussions regarding your business to delivery of the document, notarization, and registration, we offer a complete legal package for your convenience.
Who We Serve
- Entrepreneurs and startups
- Local and foreign investors
- Companies in free zones and on the mainland
- Joint ventures and corporate partnerships
- Offshore company setups
Whether starting a new company or restructuring an existing one, HHS Lawyers in Dubai shall assist you with all professional support of the highest legal standards.
Let Us Help You Draft Your MOA with Confidence
Don’t leave your company’s future to chance. In the UAE, the Memorandum of Association is the foundation of your business structure. Ensure that it is put into writing correctly by our proficient legal team. Contact HHS Lawyers today for consultation and start the process of drafting or amending your MOA. We are here to make the experience smooth, compliant, and hassle-free.
