قانونية اتفاقية المشاريع المشتركة وموثوقيتها

Dear questioner,

As per your requirements since it is an LLC, so 49% is for the expats and 51% is for the local. In the 49%, you have provided the shareholding structure.

Your name should be mentioned in the license and in the MOA (contract) as the investor or partner. Also, in the MOA, the shares should be shown properly and the [point / note should be written that the COO and CTO should have the percentage commission as stated.]

Also, will the profit be shared as per the mentioned arrangement? Or only the UAE expat will be COO with commission only?

If there is no profit sharing as per the investments, then a side agreement can be drafted. However, it depends upon the court to accept it, the side agreement is not legally valid for the court but it may consider on case to case basis.

Please contact us for further clarification.

Dear Client,

Good day!

It is possible that we can provide a JV draft, if you want to have a Joint Venture agreement, we will definitely do it.

A Joint Venture Agreement is between two companies, however, if you are planning to do an acquisition, it is different. In an acquisition, you can mention the new trade license and you can mention in the MOU or Articles of Association clearly explaining the partnership responsibility and the shareholdings of each partner.

For further assistance, please feel free to contact us via phone or email.

Thank you!