1. The provisions of the contract shall comply with regulations and rules organizing commercial companies in the Emirate, and the Commercial Companies Law No. (2) of 2015 as amended. The contract may not be in violation of public order or morals, apparently invalid, or intended for fraudulent purposes.
2. The numbers of partners should not be less than 2 partners and should not exceed 50 partners
3. If one of the partner is an expatriate, there should be a UAE citizen as partner whose share shouldn't be less than 51% However if the partners in the company are local or from GCC countries, the percentage ratio will not be applicable.
4. If the company partners are more than seven, a board of directors consisting of at least three and not more than five partners should look after the company's administration
5. The Memorandum of Association should include the following: A- Name of the company, with mentioning (Limited Liability Company). B- The purpose of establishing the company which should be legitimate purpose. C- The main address of the company. D- Names of the partners, their nationalities, their places of residences, their birth dates and their addresses. It is permissible to have a local or foreign company or a free zone company as a partner Partners. E- The amount of capital and the portion of each partner and their shares in kind - if any- its value percentage thereof in the capital, and names of such stakeholders. F- The names of company's mangers, nationalities, place of residence and their authorities. If the company partners are more than seven, names of supervisory board members should be specified. G- The date of starting and ending the company. The duration of the company is one year minimum and 99 years maximum. H-The method of distributing profits and losses. I-The forms of serving partners any notification by the company. J-In case of one of the partners is a minor, his legal sponsor should sign on his behalf (father, grandfather). The guardian needs permission from Awqaf and Minors affairs foundation in case the minor is local. In case the minor is not local, and a permission from the competent court if his guardian is a foreigner.