Memorandum of Association – LLC Contract

With the help of this service, you may certify a contract that holds two or more people accountable for their economic project's financial success in exchange for doing the work for a portion of the investment. To achieve the objectives of its incorporation, they must equally share the profits or losses that occur, and each person's responsibility must be constrained to his portion of the capital. Shares must be indivisible and equal. They may alter the capital, change the articles of organization, add or remove partners, or make any other modifications.

- Original ID card with a backup for records
- The partnership contract that needs to be attested: two copies: one for the records and one for each party involved.
- The original trade name, along with a copy for recordkeeping.

Notary Public Fees (not including our charges)

- For any contract/ document of less than AED 50,000 or of unspecified value: Fee AED 500.

- For any contract/ document of more than AED 50,000 and less than AED 200,000: Fee AED 1,000.

- For any contract/ document of more than AED 200,000: Fee 0.5% of the document value, capped at AED 20,000.

- Presence of the principal before the Notary Public to sign the limited liability company contract.

- If the principal is a representative of another principal, he should bring his original POA, comply with the powers granted to him by his principal, and have the right to appoint others.

- If the document is not in Arabic, it should be translated by a legal translation office certified by the Ministry of Justice.

- Any document issued outside the country must be authenticated by the competent authorities (Ministry of Foreign Affairs).

- The POA clauses shall be clear and explicit, without any erasure or deletion.

- The incorporated company must have one or more local partners, whose share shall not be less than 51% of the capital.

- The number of partners shall not exceed 50 and must not be less than 2.