« Back to Glossary IndexQuorum
A quorum is the minimum number of shareholders, directors, or members required to be present for a corporate meeting to be legally valid. In the UAE, quorum requirements for general assemblies and board meetings are set out in Federal Decree-Law No. 32 of 2021 on Commercial Companies. For limited liability companies (LLCs), at least 50% of the shareholders’ capital must be represented to hold a general meeting. For public joint-stock companies (PJSCs), the quorum is generally 50% but may be lower for subsequent meetings if the first fails. In DIFC and ADGM, companies can set their own quorum rules in shareholder agreements or articles of association.
« Back to Main Glossary Disclaimer
The opinions expressed in this blog are those of the respective authors. ATB Legal does not endorse these opinions. While we make every effort to ensure the factual accuracy of the information provided in our blogs, inaccuracies may occur due to changes in the legislative landscape or human errors. It is important to note that ATB Legal does not assume any responsibility for actions taken based on the information presented in these blogs. We strongly recommend taking professional advise to ensure the best possible solution for your individual circumstances.
About ATB Legal
ATB Legal is a full-service legal consultancy in the UAE providing services in dispute resolution (DIFC Courts, ADGM Courts, mainland litigation management and Arbitrations), corporate and commercial matters, IP, business set up and UAE taxation. We also have a personal law department providing advice on marriage, divorce and wills & estate planning for expats.
Please feel free to reach out to us at office@atblegal.com for a non-obligatory initial consultation.