Practice Areas
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Consultation
Contracts for corporations and businesses
Get them professionally and legally crafted.
Contracts, commitments, and financial documents are a requirement for keeping businesses operating for all kinds of businesses. They are formal, sometimes complex, and must be accompanied by provisions intended to withstand legal challenges.
Verbal contracts are hard to support, so it is a good idea to have clear written contracts with customers, suppliers, partners, part owners, third parties, and government agencies.
A law firm can help you do all aspects of contract law.
The elements of a commercial contract.
UAE commercial transactions are governed by Sharia law, Civil Transactions Law No. 5 of 1985 (the Civil Code), which is based on the sharia principle. The principle of good faith, which is codified in the Civil Code and is an essential element of commercial contracts, calls for each contracting party to act honestly and fairly.
A commercial contract should contain the following essential elements, based on the Civil Code:
- Both parties agreed on the formulation of an agreement and the agreement was executed.
- A subject that has potential for being defined, or which can be defined.
- legal reasons for the agreement's obligations and subject matter named it.
- If there is a deal and acceptance, there is an agreement.
- All terms will be defined with certainty.
- If both parties are legally able to enter into the contract, they may do so.
Commercial agency legislation
We provide advice on a variety of commercial uses needed in the UAE on a daily basis, taking into the account the nature of the business and also certain commercial or legal risks. We also supply information on type of commercial uses, as well as commercial agency regulations.
As experienced lawyers, we work hard to ensure that your interests are properly protected in a wide range of commercial contracts:
Telecommunications, purchases, corporate structures, articles of association, memoranda, partnership agreements,
Financing for real estate,
Documents for construction,
Employment agreements , &
Non-disclosure contracts, share purchases, management and operational contracts, agreements on marketing and sales, service and consulting contracts, franchises, distributorships, and commercial agencies, commercial real estate transactions are all examples of collaborations.
Contracting for corporations and businesses
Our in-depth comprehension of the regulatory requirements of the United Arab Emirates allows us to render the best and most cost-effective guidance, without neglecting any legal obligations or goals.
Our lawyers and account managers provide a broad range of commercial contract services, including personalized consultation:
- Planning a business strategies.
- Contract negotiation discussions with other (other) parties.
- Contract legal structuring and drafting services are provided.
- Custom clause creation is a typical task.
- Inspections of existing terms, conditions, or breaches in contract agreements.
- Existing contracts are subject to independent or peer reviews.
- Signed contracts may be attested.
- Existing contract violations should be addressed.
We have strong working relationships with various regulatory authorities, which allows us to stay up to date on new developments in key practice areas. This means that our advice is concise, up-to-date, practical, and pragmatic.
Contracts with the government
The Legal Affairs Department of the Government of Dubai frequently reviews contracts and agreements to which Dubai government entities are parties, both to protect their interests and to ensure compliance with current legislation.
Likewise, authorities in other jurisdictions typically review legal documents in which their own governments are parties. It is crucial that such contracts are properly drafted and completely reviewed before submission.
Contracts and agreements that set up financial conditions for government entities and monetize them are recommended. Contracts and other legal documents pertaining to procurement IT contracts in which the government participates are also used.
