Overview

Shareholders' agreements are extremely common in the UAE and have been for some time. This is due in part to a long-standing requirement under the Commercial Companies Law of the United Arab Emirates, which stipulates that every limited incorporated within the UAE must have one or more national shareholders whose share in the company's share capital must not be less than 51 per cent.

In this briefing, Habib Al Mulla & Company take a detailed look at how shareholders' agreements are carried out in the UAE, including a look at the following areas:

• formal requirements


• limits on term


• assignments of shares and preemption rights


• "side agreements"


• reconciliation with memorandum


• minority protection


• valuation on a sale or valuation event


• dispute resolution - litigation


• dispute resolution - arbitration

Click 'View Briefing' to learn more.