The MOA is an important document for companies as they are the legal declaration for the company's shareholders, who may be limited by guarantee or shares. The document also contains important information about the intention of the owners of the company to create a company. A company's MOA acts as a record of the company's membership, as well as the financial responsibility of the company's management towards the business. Each participant must sign or add their name and personal details to the document.
The charter of the company serves as its set of rules for doing business. Members of the company are obliged to comply with all the provisions contained in the articles of association, and do so at all times. After registration, you can make some changes to the company's charter if the participants see the need for changes.
Changes to be made to the legal documents of a company in the UAE must be reported to the authorities. It is strongly recommended to entrust the introduction and registration of changes to specialists.
