Certificate in Company Law (CCL) Meirc Plus Speciality Training

Certificate in Company Law (CCL)

Why Attend

This course is designed for professionals seeking a comprehensive understanding of legal matters affecting companies in the GCC. The course covers the fundamental principles of company law, including the strategic selection and establishment of different types of companies, as well as the management and dissolution of companies throughout their life cycle. Additionally, participants gain valuable insights into legal issues specific to family businesses in the GCC and learn how to effectively address them in practice.

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Overview
Course Methodology

In this interactive training course participants will frequently work in pairs as well as in larger groups to complete exercises as well as regional and international case studies.

Course Objectives

By the end of the course, participants will be able to:

  • Apply legal rules and principles to specific commercial situations through consideration of relevant company law
  • Increase profitability within their organization by selecting the best company type and by adopting the best legal practices in management
  • Recognize the rules that govern family businesses and how they affect the continuation and success of the business
  • Understand the reasons for company termination and dissolution and the legal issues in this regard
Target Audience

This course is suitable for lawyers, company managers, management teams, business and law students and those who are interested to know more about company law and its implications. It also benefits directors and executives who have direct responsibility for legal decisions within the organization. In addition, in-house council new to the region, and those working within a legal department, find this course highly beneficial.

Target Competencies
  • General principles of company law
  • Company management
  • Corporate governance
  • Problem solving
Note

The Dubai Government Legal Affairs Department has introduced a Continuing Legal Professional Development (CLPD) programme to legal consultants authorised to practise through a licensed firm in the Emirate of Dubai. We are proud to announce that the Dubai Government Legal Affairs Department has accredited EMG Associates as a CLPD provider. In addition, all our legal programmes have been approved.

This PLUS Specialty Training legal course qualifies for 4 elective CLPD points.

Course Outline
  • Types of companies and company formation
    • Types of companies
    • Memorandum of Association (MoA) and the Articles of Association (AoA) related principles
    • Alteration of clauses of the MoA and AoA
    • Partnership and its formation
    • Limited Liability Company (LLC) and its formation
    • Public Shareholding Company and its formation
    • Overview of other types of companies
    • Choosing between various types of companies
  • Company management and shareholders rights and duties
    • Roles and types of directors
    • Powers, duties and liabilities of directors
    • Appointment and retirement
    • Resignation and vacation of office
    • Independent director
    • Meeting of board of directors
    • Auditors: appointment, removal, powers and duties
    • Corporate governance
  • Family businesses in the GCC and shareholders’ liability issues
    • UAE law of family companies
    • The provisions related to family businesses in the new Saudi company law
    • Legal organization of family businesses in the GCC
    • Strategies for survival and growth within family businesses
    • Company management and shareholders’ liability
    • General principles of corporate liability
    • Liability of directors and Key Managerial Persons (KMP)
    • Liability of shareholders
  • Termination and dissolution of companies
    • Winding up of companies
    • Liquidator
    • Authorities
    • Striking off name
    • Insolvency and bankruptcy
    • Restructuring and re-organization
    • Mergers and amalgamation
    • Acquisition and take-over
MPC
MPC Certifications
Meirc Professional Certificate (MPC)

MPC certified courses by Meirc Training & Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for full attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.

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