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Articles Of Incorporation One Person Corporation

Articles Of Incorporation One Person Corporation Template for United Arab Emirates

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Articles Of Incorporation One Person Corporation

"I need Articles of Incorporation for a One Person Corporation in the UAE for my technology consulting business, with an initial capital of AED 100,000 and plans to establish branch offices in Dubai and Abu Dhabi by March 2025."

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Document background
Articles of Incorporation One Person Corporation is a crucial legal document required when establishing a single-shareholder company in the United Arab Emirates. This document became particularly relevant following the implementation of UAE Federal Decree-Law No. 32 of 2021, which modernized the framework for corporate structures in the UAE, including explicit provisions for one-person companies. The document serves as the constitutional foundation of the business, detailing everything from basic company information to governance structures. It's essential for entrepreneurs and businesses seeking to establish a corporate presence in the UAE while maintaining sole ownership. The document must comply with specific UAE requirements regarding content, format, and registration procedures, and requires approval from the Department of Economic Development in the relevant emirate.
Suggested Sections

1. Article 1 - Company Name and Form: Establishes the legal name of the company and its form as a One Person Corporation under UAE law

2. Article 2 - Sole Shareholder Details: Identifies the sole shareholder with full legal name, nationality, and contact details

3. Article 3 - Definitions and Interpretation: Defines key terms used throughout the Articles and establishes interpretation principles

4. Article 4 - Registered Office: Specifies the company's registered office address in the UAE

5. Article 5 - Company Objects: Details the business activities and objectives of the company

6. Article 6 - Duration: States the duration of the company (typically unlimited)

7. Article 7 - Share Capital: Specifies the company's share capital amount and structure

8. Article 8 - Management Structure: Outlines the management structure and appointment of manager(s)

9. Article 9 - Powers and Duties of Manager: Details the authority and responsibilities of the manager(s)

10. Article 10 - Sole Shareholder Decisions: Establishes procedures for documenting sole shareholder decisions

11. Article 11 - Financial Year and Accounts: Defines the financial year and requirements for maintaining accounts

12. Article 12 - Dissolution and Liquidation: Sets out circumstances and procedures for company dissolution

Optional Sections

1. Article on Branch Offices: Required when the company plans to establish branch offices within or outside the UAE

2. Article on Power of Attorney: Include when specific powers need to be delegated to representatives

3. Article on Succession Planning: Recommended for defining inheritance of shares and company continuation

4. Article on Corporate Social Responsibility: Optional section for defining company's CSR commitments

5. Article on Shareholder Loans: Include when addressing potential loans between shareholder and company

6. Article on Digital Communications: Optional section for electronic notification and meeting procedures

Suggested Schedules

1. Schedule 1 - Initial Share Capital Details: Detailed breakdown of share capital structure and payment

2. Schedule 2 - Licensed Activities: Complete list of licensed business activities approved by DED

3. Schedule 3 - Specimen Signatures: Authorized signatures of the sole shareholder and appointed managers

4. Schedule 4 - Initial Appointments: Details of initial manager(s) and other key position appointments

5. Appendix A - Company Logo and Branding: Official company logo and branding guidelines if applicable

6. Appendix B - Powers of Manager: Detailed list of specific powers granted to the manager(s)

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions








































Clauses






























Relevant Industries

Retail

Technology

Professional Services

Manufacturing

Real Estate

Healthcare

Education

Financial Services

Construction

Hospitality

E-commerce

Consulting

Import/Export

Media and Entertainment

Logistics

Relevant Teams

Legal

Corporate Governance

Executive Leadership

Administration

Finance

Compliance

Operations

Risk Management

Corporate Affairs

Business Development

Relevant Roles

CEO

Business Owner

Managing Director

Legal Counsel

Corporate Secretary

Compliance Officer

Chief Financial Officer

Business Development Manager

Operations Director

Risk Manager

Company Manager

Administrative Director

General Counsel

Corporate Governance Officer

Entrepreneur

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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