Yes, side agreement is valid in the LLC. Delve into the concept of LLCs, exploring their side agreements, advantages, and legal status in the UAE. Article 71 of Federal Law Number 2 of 2015, on Commercial Companies, outlines an LLC as an entity where partners are liable only up to their capital shares. With a minimum of two and a maximum of fifty partners, this structure protects partners' personal interests during crises.
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