The Memorandum of Association of Educational Company is a mandatory legal document required when establishing any educational institution in the United Arab Emirates. This document is essential for obtaining both commercial registration and educational licensing, combining standard corporate governance requirements with specific educational sector compliance needs. It must align with UAE Federal Laws governing both commercial companies and educational institutions, including recent amendments allowing increased foreign ownership. The memorandum defines the institution's scope, from basic corporate elements like capital structure and shareholder rights to education-specific requirements such as academic governance and quality assurance measures. It serves as the foundational document for the educational company's entire lifecycle, from establishment through operation and potential future modifications.
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1. Parties: Details of the founding shareholders/partners establishing the educational company
2. Background: Context of the company formation and its educational mission
3. Definitions: Key terms used throughout the MOA
4. Company Name and Trade Name: Official company name and trading name in Arabic and English
5. Legal Form: Specification of company type (LLC, Private Joint Stock, etc.)
6. Company Objectives: Detailed educational and related business activities
7. Principal Place of Business: Registered office and branches (if any)
8. Duration: Term of the company's existence
9. Capital Structure: Share capital amount, number and types of shares, value per share
10. Share Distribution: Allocation of shares among founding shareholders
11. Management Structure: Governance framework including board of directors/managers
12. General Assembly: Rules for shareholder meetings and voting rights
13. Financial Year and Accounts: Fiscal year definition and financial reporting requirements
14. Profit and Loss Distribution: Method of distributing profits and handling losses
15. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
1. Educational Advisory Board: Required if establishing a higher education institution or if required by education authorities
2. Intellectual Property Rights: Include when the company will develop proprietary educational content or methods
3. Branch Operations: Required when planning multiple campus locations
4. Foreign Ownership Provisions: Include when foreign investors are involved
5. Educational Quality Assurance: Required for institutions offering certified programs
6. Student Affairs Governance: Include for institutions directly providing education services
7. Technology and E-learning Provisions: Include when offering online or hybrid education
8. Research and Development: Include for institutions engaging in educational research
1. Schedule 1 - Share Capital Details: Detailed breakdown of share capital and shareholder contributions
2. Schedule 2 - Educational License Requirements: Specific requirements and conditions for educational licensing
3. Schedule 3 - Management Structure Chart: Organizational structure and reporting lines
4. Schedule 4 - Initial Business Plan: Five-year operational and financial projections
5. Schedule 5 - Property Details: Details of owned or leased educational facilities
6. Schedule 6 - Key Personnel: Details of key academic and administrative positions
7. Appendix A - Shareholder Information: Detailed information about founding shareholders
8. Appendix B - Academic Programs: List and description of planned educational programs
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