This document is an invitation to convene the general assembly meeting. The invitation is sent by the manager or the board of managers of the company in the case of LLC’s and by the board of directors in the case of joint stock companies. The meeting shall be held at least once per year within the four months following the end of the fiscal year of the company.
Article 93 of Federal Decree-Law No. 32 of 2021 states that in the case of LLC’s, the invitation shall be sent before at least 21 days from the date set for the general assembly meeting. The local authority having competence with regards to the affairs of companies in the relevant emirate shall be provided with a copy of the invitation of the general assembly to convene before the announcement.
Article 174 of the same in the case of PJSC’s, adopts the 21 days’ period. The Securities & Commodities Authority and the local authority having competence with regards to the affairs of companies in the relevant emirate shall be provided with a copy of the notification on the date of announcing the invitation.
The partners/shareholders may be notified by registered letters or by modern technology means as stated in the company’s memorandum of association.
This document is intended for use in the United Arab Emirates.
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.