¶¶Òõ¶ÌÊÓƵ

All Countries
Risk Management
Small Business Operating Agreement

Small Business Operating Agreement Template for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Small Business Operating Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Small Business Operating Agreement

"I need a Small Business Operating Agreement for my technology consulting firm launching in Dubai in March 2025, with three equal partners (two expatriates and one UAE national), including provisions for remote work arrangements and intellectual property protection."

Celebrated by
Collaborations with
Investors
Document background
The Small Business Operating Agreement is a crucial document for enterprises operating within the United Arab Emirates, designed to comply with UAE Federal Law No. 32 of 2021 and related commercial legislation. This agreement is essential for businesses establishing their operational structure in the UAE, whether in free zones or mainland operations. It details fundamental aspects such as ownership structure, management responsibilities, profit distribution, and decision-making processes, while ensuring compliance with local ownership requirements where applicable. The document serves as both a legal requirement and a practical governance tool, particularly valuable for small and medium-sized enterprises seeking to establish clear operational guidelines while maintaining compliance with UAE commercial regulations. It provides the necessary framework for business continuity, dispute resolution, and stakeholder protection within the UAE's dynamic business environment.
Suggested Sections

1. Parties: Identification of all members/owners of the business with full legal names and addresses

2. Background: Context of the agreement and purpose of the business formation

3. Definitions and Interpretation: Key terms used throughout the agreement and rules of interpretation

4. Formation and Business Purpose: Details of business formation, trade name, and specific business activities permitted

5. Capital Contributions: Initial and subsequent capital contributions, valuation of non-cash contributions

6. Ownership Interests: Distribution of ownership percentages and types of interests

7. Management Structure: Management roles, appointment process, and decision-making procedures

8. Members' Rights and Obligations: Detailed rights and responsibilities of business owners

9. Meetings and Voting: Procedures for member meetings, voting rights, and quorum requirements

10. Financial Affairs: Accounting practices, fiscal year, banking, and financial management

11. Profit and Loss Distribution: Method and timing of profit distribution and loss allocation

12. Transfer of Interests: Rules regarding transfer of ownership interests and restrictions

13. Termination and Dissolution: Processes for business dissolution and member withdrawal

14. Governing Law and Jurisdiction: Specification of UAE law application and jurisdiction

15. General Provisions: Standard clauses including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Include when the business owns or develops intellectual property

2. Confidentiality: Add when business involves sensitive information or trade secrets

3. Non-Competition: Include when protecting against member competition is crucial

4. Emergency Provisions: Add for businesses requiring specific emergency response procedures

5. Insurance Requirements: Include for high-risk businesses or when significant assets need protection

6. Employment Matters: Add when the business will have employees from the outset

7. Digital Assets and Cybersecurity: Include for businesses with significant online operations

8. Environmental Compliance: Add for businesses with environmental impact considerations

Suggested Schedules

1. Schedule 1 - Member Details: Detailed information about each member including contact details and initial capital contributions

2. Schedule 2 - Business Plan: Initial business plan and operational strategy

3. Schedule 3 - Initial Assets: List and valuation of assets contributed to the business

4. Schedule 4 - Approved Signatories: List of authorized signatories and their signing powers

5. Appendix A - Management Procedures: Detailed procedures for day-to-day management

6. Appendix B - Financial Procedures: Specific procedures for financial management and reporting

7. Appendix C - Form of Resolution: Template for member resolutions

8. Appendix D - Trade License: Copy of trade license and related permits

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

Professional Services

Food and Beverage

Technology

Consulting

E-commerce

Trading

Manufacturing (Small Scale)

Tourism and Hospitality

Real Estate

Healthcare Services

Education Services

Creative Industries

Digital Services

Local Services

Relevant Teams

Legal

Operations

Finance

Administration

Compliance

Corporate Governance

Business Development

Management

Board of Directors

Executive Leadership

Relevant Roles

Business Owner

Managing Director

General Manager

Company Secretary

Legal Counsel

Operations Manager

Finance Manager

Compliance Officer

Business Development Manager

Partner

Board Member

Chief Executive Officer

Chief Operating Officer

Chief Financial Officer

Administrative Manager

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

Find the exact document you need

Operating Agreement Between Two Companies

UAE-governed agreement establishing operational terms and responsibilities between two collaborating companies.

find out more

Entity Operating Agreement

A UAE-governed agreement establishing the operational and governance framework for a business entity, outlining member rights, management structure, and internal procedures.

find out more

LLC Agreement

A UAE-governed agreement establishing a Limited Liability Company, defining its structure, management, and shareholder relationships under UAE Commercial Companies Law.

find out more

Amended And Restated Limited Liability Company Agreement

A UAE-law governed agreement that updates and consolidates the existing LLC agreement, incorporating all amendments and current governance structure.

find out more

LLC Business Partnership Agreement

UAE-governed agreement establishing an LLC partnership, defining partner rights, responsibilities, and operational framework under UAE Commercial Companies Law.

find out more

Small Business Operating Agreement

UAE-governed operating agreement establishing the management and operational framework for a small business entity, defining owner rights and responsibilities.

find out more

Operating Agreement For Non Profit Corporation

A governing document that establishes the operational framework and internal rules for a non-profit corporation under UAE law.

find out more

Operating Agreement For Incorporation

UAE-governed operating agreement establishing company formation, governance structure, and shareholder relationships under UAE Federal Law.

find out more

Operating Agreement For Corporation

UAE-governed Operating Agreement establishing corporate governance structure and operational framework under UAE Commercial Companies Law.

find out more

Management Agreement Between Two Companies

UAE-governed agreement establishing management services arrangement between two companies, defining services, responsibilities, and commercial terms.

find out more

Limited Liability Agreement

UAE-governed agreement establishing and regulating a Limited Liability Company, defining its structure, governance, and operations under UAE law.

find out more

Joint Operation Contract

UAE-governed agreement establishing terms and conditions for joint operations between multiple parties, ensuring compliance with UAE federal laws while facilitating collaborative business activities.

find out more

Joint Operation Agreement

UAE-governed agreement establishing terms and conditions for joint business operations between multiple parties.

find out more

Joint Operating Agreement

UAE-governed agreement establishing operational and management framework for joint ventures in resource exploration and development.

find out more

Holding Company Operating Agreement

A UAE-law governed agreement establishing the operational and governance framework for a holding company, including shareholder rights and management procedures.

find out more

Family LLC Operating Agreement

A comprehensive governance document for family-owned LLCs in the UAE, establishing management structure, succession planning, and family member rights under UAE law.

find out more

Amended Operating Agreement LLC

A UAE-compliant legal document that modifies an existing LLC Operating Agreement, updating company structure and operational parameters under UAE law.

find out more

Aircraft Operating Lease Agreement

UAE-governed agreement setting out terms and conditions for aircraft operating lease arrangements, compliant with UAE aviation regulations and international standards.

find out more

Single Member LLC Operating Agreement

A UAE-compliant governing document that establishes the operational and management framework for a single-member limited liability company.

find out more

Member Managed Operating Agreement

UAE-governed operating agreement establishing the framework for member-managed LLC operations and governance.

find out more

Limited Liability Company Operating Agreement Single Member

UAE-governed operating agreement establishing the framework for a single-member LLC, detailing governance, management, and operational procedures under UAE law.

find out more

Franchise Operating Agreement

UAE-governed agreement establishing franchise operating rights and obligations between franchisor and franchisee, compliant with UAE Commercial Agency Law.

find out more

Bylaws Operating Agreement

UAE-governed corporate bylaws and operating agreement establishing company governance structure and operational procedures under UAE Federal Law.

find out more

Sole Proprietorship Operating Agreement

UAE-governed operating agreement establishing the framework and operational guidelines for a sole proprietorship business.

find out more

Multi Member LLC Operating Agreement

A comprehensive operating agreement for multi-member LLCs in the UAE, compliant with UAE Commercial Companies Law, governing company operations and member relationships.

find out more

Member Managed LLC Operating Agreement

UAE-compliant operating agreement for a member-managed LLC, establishing governance structure and member rights under UAE law.

find out more

Real Estate LLC Operating Agreement

UAE-governed operating agreement for real estate LLC formation and management, aligning with UAE commercial and real estate regulations.

find out more

Manager Managed LLC Operating Agreement

UAE-governed operating agreement establishing the framework for a manager-managed LLC, defining member rights and management structure under UAE law.

find out more

Operating Management Agreement

UAE-governed agreement establishing terms for professional management and operation of a business or property by an operator on behalf of an owner.

find out more

Restated Operating Agreement

A UAE-law governed agreement that consolidates and updates a company's operating terms and governance structure into a single, comprehensive document.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.