Translating the Memorandum of Association (MOA) for UAE Business Setup
The Memorandum of Association (MOA) is the constitutional document of any company established in the UAE. For foreign investors and international companies setting up branches or subsidiaries in Dubai or Abu Dhabi, translating the MOA is a critical step in the incorporation process.
Why the MOA Matters
The MOA defines the company's relationship with shareholders and the outside world. It outlines objectives, powers, and capital structure. In the UAE, the official version of the MOA must be in Arabic (or dual-column Arabic/English) to be notarized and registered with the Department of Economic Development (DED).
Key Elements Requiring Precise Translation
Errors in translating an MOA can lead to future legal disputes. Key areas include:
- Business Activities: Must match the specific DED activity codes.
- Shareholding Structure: Precise definition of ownership percentages.
- Profit and Loss Distribution: Clear legal terminology regarding financial rights.
- Dispute Resolution Mechanisms: Specifying arbitration or court jurisdiction.
Using a MOJ-certified translator ensures that the legal terminology used in the Arabic MOA accurately reflects the intent of the original agreement and complies with the UAE Commercial Companies Law.
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