Our construction business is merging with another firm. Can your law firm provide shareholders’ agreement?

Greetings,

I can provide some general guidance on what you might consider when seeking legal services for drafting a shareholders' agreement in the UAE.

1. Engage a Local Law Firm: It's essential to work with a law firm that has expertise in UAE corporate law, particularly in the construction sector.

They will be familiar with local regulations and can tailor the agreement to meet your specific needs.

2. Key Elements of a Shareholders' Agreement:

- Voting Rights: Clearly define how voting rights are distributed among the shareholders. Consider whether certain decisions require a supermajority or unanimous consent.

- Management Roles: Outline the roles and responsibilities of each shareholder in the management of the company. Specify any executive positions and their powers.

- Dividend Allocation: Establish how profits will be distributed among shareholders. This can be proportional to shareholding or based on other agreed criteria.

- Adding or Removing Shareholders: Set out the process for introducing new shareholders or removing existing ones. This might include pre-emption rights, buy-sell agreements, and valuation methods for shares.

- Dispute Resolution: Include mechanisms for resolving disputes, such as mediation or arbitration, to avoid lengthy court proceedings.

3. Compliance with UAE Law: Ensure that the agreement complies with the UAE Commercial Companies Law and any other relevant regulations. This is crucial for the agreement's enforceability.

4. Customization: The agreement should be tailored to reflect the unique aspects of your business and the merger. A one-size-fits-all approach is not advisable.

5. Review and Updates: Regularly review and update the agreement to reflect any changes in the business structure or applicable laws.

To proceed, you should contact a reputable law firm in the UAE with experience in mergers and acquisitions and corporate governance.

They can provide the necessary legal advice and draft a comprehensive shareholders' agreement that aligns with your business objectives and legal requirements.

Shareholders' Agreements: This agreement is prepared for "V." The shareholders' agreement aims to precisely define the shareholding ratios, clarify the responsibilities of each partner, establish clear rules for distributing profits, and provide a structured exit strategy for any withdrawing shareholder.

This ensures transparency and fairness in the company's management and protects the rights of all parties.

Contact me by phone or WhatsApp to prepare the agreement.

Dear Inquirer,

Yes, we can assist you with drafting a comprehensive Shareholders’ Agreement tailored to your merger.

Such an agreement can clearly outline voting rights, management roles, dividend distribution, and procedures for adding or removing shareholders, ensuring the long-term stability of your business.

To move forward, we recommend booking a consultation through our website or directly authorizing our firm to act on your behalf so we can prepare the agreement in line with UAE legal requirements.

Best regards,

Dear,

Thank you for reaching out to us.

Yes, our law firm can assist in drafting a comprehensive Shareholders’ Agreement for your construction business following the merger.

The agreement will be tailored to your needs and can cover:

- Shareholding percentages and voting rights for each of the five shareholders.

- Management roles and responsibilities, including decision-making authority.

- Dividend allocation rules and profit distribution mechanisms.

- Procedures for adding or removing shareholders, including valuation methods, buy-out options, and transfer processes.

- Additional provisions, such as dispute resolution, non-compete, and confidentiality, if required.

To proceed, we would need details on:

- Shareholding percentages and contributions of each shareholder.

- Proposed management structure and responsibilities.

- Preferred dividend distribution mechanism.

- Any specific preferences for shareholder exit or transfer procedures.

Once we have this information, our team can prepare a draft agreement for your review and discussion.

You may contact us by email or by phone to schedule a consultation.

Best regards,

Dear Inquirer,

Thank you for your message.

We understand your requirement regarding the upcoming merger of your construction business and the need for a comprehensive shareholders’ agreement covering voting rights, management roles, dividend allocation, and procedures for adding or removing shareholders.

We would be glad to assist you in drafting and advising on this agreement to protect the interests of all parties involved and ensure legal clarity moving forward.

Kindly contact us to schedule a consultation so we can examine the details of your case and provide you with clear guidance.

You can either contact us directly via email or call our offices in Dubai, Sharjah, or RAK.

We look forward to supporting you in securing your rights.

Warm regards,

Jasim Al Haddad Advocates & Legal Consultants

Yes, our firm regularly assists in drafting shareholders’ agreements, especially in cases of mergers where clear structures are crucial.

We can prepare an agreement that sets out voting rights, management responsibilities, dividend distribution, and precise mechanisms for adding or removing shareholders.

We have recently handled a very similar case, where our tailored agreement safeguarded the interests of all partners and ensured smooth corporate governance.

The exact structure would depend on your company’s objectives and long-term strategy, which we can refine together after reviewing your documents.

Dear Sir/Madam,

Thank you for your inquiry.

Yes, our law firm can provide comprehensive services to draft a shareholders’ agreement tailored to your construction business merger.

The agreement will cover essential provisions, including voting rights, management roles, dividend allocation, and clear procedures for adding or removing shareholders in the future.

We specialize in corporate and commercial law and ensure all agreements comply with UAE laws and align with your business objectives.

Please let us know if you would like us to schedule a consultation to discuss your specific needs and start drafting the agreement.

Best regards.