The Memorandum of Association of Medical Company is a fundamental legal document required when establishing a healthcare business entity in the United Arab Emirates. It serves as the constitutional document that defines the company's structure, ownership, and operations while ensuring compliance with both UAE Federal Law No. 32 of 2021 and healthcare-specific regulations. This document is essential when setting up any medical facility, clinic, hospital, or healthcare-related business in the UAE, requiring careful consideration of local ownership requirements, professional licensing, and healthcare authority approvals. It must address specific requirements from relevant health authorities (such as DHA or HAAD) and incorporate provisions for medical professional licensing, patient care standards, and healthcare facility operations. The memorandum is particularly crucial as it forms the basis for obtaining necessary permits and licenses from both business and healthcare regulatory authorities.
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1. Parties: Details of all shareholders/partners establishing the medical company, including their full names, nationalities, and UAE ID/passport numbers
2. Background: Brief context about the establishment of the medical company and its intended purpose
3. Definitions: Key terms used throughout the memorandum, including medical and technical terms specific to healthcare operations
4. Company Name and Legal Form: Official company name in Arabic and English, and its legal structure (LLC, Professional LLC, etc.)
5. Company Objectives: Detailed description of medical services and healthcare activities to be provided
6. Principal Place of Business: Registered office address and details of any clinics or medical facilities
7. Duration: Term of the company's existence (typically unlimited)
8. Capital Structure: Share capital amount, number of shares, and value per share
9. Ownership and Share Distribution: Detailed breakdown of shareholding structure, including UAE national ownership requirements
10. Management Structure: Governance framework, including managers, board of directors, and medical director requirements
11. General Assembly: Rules for shareholder meetings, voting rights, and decision-making processes
12. Financial Matters: Financial year, accounts, auditing requirements, and profit distribution
13. Professional Licensing: Requirements for maintaining necessary medical and healthcare licenses
14. Dissolution and Liquidation: Procedures for company dissolution and asset distribution
1. Branch Establishments: Include when the company plans to operate multiple medical facilities or branches
2. Medical Ethics Committee: Include for larger medical facilities requiring internal ethics oversight
3. Research and Development: Include if the company will conduct medical research or clinical trials
4. Training and Education: Include if the facility will provide medical training or education services
5. Intellectual Property Rights: Include if the company will develop proprietary medical procedures or technologies
6. Emergency Response Procedures: Include for facilities providing emergency medical services
7. Cross-Border Services: Include if providing telemedicine or international medical services
8. Medical Data Protection: Include specific provisions for handling patient data and medical records
1. Schedule 1: Shareholder Details: Comprehensive information about each shareholder including professional qualifications
2. Schedule 2: Share Capital Distribution: Detailed breakdown of share allocation and capital contributions
3. Schedule 3: Medical Services: Complete list of medical services and procedures to be offered
4. Schedule 4: Key Medical Personnel: Details of medical directors, key physicians, and their qualifications
5. Schedule 5: Facility Requirements: Specifications of medical facilities, equipment, and infrastructure
6. Schedule 6: Regulatory Licenses: List of required licenses and permits from various healthcare authorities
7. Appendix A: Professional Indemnity: Insurance requirements and coverage details
8. Appendix B: Quality Standards: Medical quality standards and accreditation requirements
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