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Local Certificate Of Incorporation Template for United Arab Emirates

A Certificate of Incorporation in the United Arab Emirates is an official document issued by the relevant Department of Economic Development or free zone authority that legally establishes a company's existence. It serves as formal proof of the company's registration and compliance with UAE Federal Law No. 32 of 2021 (Commercial Companies Law). The certificate contains essential information including the company's legal name, registration number, legal form, shareholders, share capital, and registered address. This document is crucial for conducting business operations, opening bank accounts, and engaging in commercial transactions within the UAE.

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What is a Local Certificate Of Incorporation?

The Local Certificate of Incorporation is a fundamental legal document required for establishing a company in the United Arab Emirates. It is issued pursuant to UAE Federal Law No. 32 of 2021 and relevant emirate-level regulations, serving as the primary evidence of a company's legal existence and compliance with local laws. This document is essential for various business operations, including opening corporate bank accounts, obtaining additional licenses, entering into contracts, and engaging in commercial activities. The Certificate of Incorporation must be obtained before a company can commence operations and is typically issued after satisfying various regulatory requirements, including capital requirements, shareholder documentation, and necessary governmental approvals. It forms part of the company's permanent records and may need to be presented to various authorities throughout the company's lifetime.

What sections should be included in a Local Certificate Of Incorporation?

1. Certificate Number and Date: Unique identification number and date of incorporation issued by the relevant authority

2. Company Name: Legal name of the company in both Arabic and English

3. Legal Form: Type of legal entity (e.g., LLC, Private Joint Stock Company)

4. Registered Office: Official registered address of the company in the UAE

5. Share Capital: Amount of authorized and issued share capital

6. Duration: Period of incorporation (typically unlimited)

7. Shareholders: Names and nationalities of founding shareholders and their respective shareholding percentages

8. Commercial License Number: Reference to the associated commercial license

9. Official Attestation: Signature and stamp of the issuing authority

What sections are optional to include in a Local Certificate Of Incorporation?

1. Business Activities: List of licensed activities when specifically required by the issuing authority

2. Board of Directors: Required for Joint Stock Companies, listing initial board members

3. Branch Information: Included when the certificate is for a branch of a foreign company

4. Special Conditions: Any specific conditions or restrictions imposed by the authority

5. Foreign Ownership Declaration: Statement regarding foreign ownership percentage where relevant

What schedules should be included in a Local Certificate Of Incorporation?

1. Shareholder Details: Detailed information about shareholders including ID numbers and contact information

2. Initial Directors: Complete details of appointed directors including their powers and responsibilities

3. Licensed Activities: Comprehensive list of approved business activities with their respective codes

4. Capital Distribution: Detailed breakdown of share capital allocation and payment confirmation

5. Authority Approvals: Copies of preliminary approvals from relevant regulatory authorities

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Publisher

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Cost

Free to use

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