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Common Contracts 

The Common Contracts Initiative is an initiative launched by the Ministry of Economy in cooperation with Al Tamimi & Company Advocates and Legal Consultants to support entrepreneurs and startups in the UAE by providing them access to a set of the most widely used or common contract templates involved in the process of establishing companies and starting various commercial activities.

Through this Initiative, the Ministry offers 19 contract templates, which are: the joint venture agreement, consultancy services agreement, agency agreement, assignment agreement, intellectual property rights assignment document, consultancy services agreement, exclusive and non-exclusive distribution agreement, restaurant franchise agreement, intellectual property rights assignment agreement, management agreement, limited liability company incorporation contract, sole proprietorship incorporation contract, service agreement, settlement agreement, shareholders agreement, share purchase agreement, facilities agreement, trademark assignment agreement, trademark licensing agreement.

These most commonly used templates enable companies to perform and manage their businesses with ease. The importance of these templates is that they facilitate the movement of trade and establishment of businesses, as well as organize legal and procedural frameworks, support the strength of contracts, and meet their requirements effectively.

 The Ministry of Economy clarifies that the contract templates are available on its website and can be downloaded for free, and are accessible to business owners, entrepreneurs, and any other individual who wishes to download them. The Ministry further emphasizes that these models are public, and therefore the Ministry of Economy, Al Tamimi & Company, their partners, consultants, employees, agents, or representatives do not hold any liability towards those downloading or using any of these templates.

All copyright and other intellectual property rights relating to these forms are owned by the Ministry of Economy and Al Tamimi & Company. 

 

 

 

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Standard Contracts initiative

Family Business Code of Conduct
Memorandum of Association of [Family Business Name]
Family Business Charter
Joint Venture Agreement
Joint venture agreement contemplating the establishment of a joint venture company where the partners each hold 50% of the shares. This agreement sets out the basis on which such company shall be established and shall govern the relationship of the Parties as shareholders in such company [and further sets out the basis of certain other arrangements to be entered into between the Parties and/or their Affiliates on the one hand and such company on the other].
Advisory Agreement (for Individuals)
Advisory Agreement pursuant to which the service provider is providing certain advisory services to the customer. - Customer wishes to benefit from various advisory services and assistance from Advisor to be provided by suitable personnel in accordance with the terms and conditions set forth in the Agreement. - The draft contemplates the governing law to be UAE law. - This is an example of a long-term advisory arrangement. - The advisor is paid an annual fee, payable monthly in arrears. - As part of the services, the advisor will nominate and make available to the customer certain specific personnel.
Agency Agreement
Agency Agreement pursuant to which the agent supports the promotion and sale of the principal’s products. The Principal hereby appoints the Agent for the term of this Agreement and subject to the terms and conditions hereof as its [non-] exclusive or exclusive agent in respect of the marketing and sale of the Products in the Territory and the Agent accepts such appointment.
Assignment Agreement
A generic Template of an Assignment Agreement Whereas the Assignor intends to assign any of its legal and beneficial rights, title, interest or obligations under the Agreement to the Assignee. The draft contemplates the governing law to be UAE law.
Intellectual Property Right Assignment Agreement
Declaration of irrevocably and unconditionally assign and transfer all my financial rights, my rights, title to [assignee] , in order to fully utilize it for unlimited period commencing from [the date the Work delivered].
Consulting Services Agreement (for Companies)
Consulting Services Agreement pursuant to which the consultant is providing certain consultancy services to the customer. By and between the customer, which is a company incorporated and existing under the laws of [insert country of incorporation] and having and having its address at [insert address], and the Consultant, which is a company incorporated and existing under the laws of [insert country of incorporation] and having and having its address at [insert address].
Distribution Agreement (Exclusive/Non-exclusive)
Distribution Agreement for the distribution of products in the UAE. 1. The Supplier wishes to appoint the Distributor as its [exclusive]/ [non-exclusive] distributor for the promotion, sale and distribution of the Products within the Territory on the terms of this Agreement. 2. The Distributor wishes to accept such appointment subject to the terms of this Agreement. 3. The territory under this draft is the UAE only and does not contemplate any other cross-border distribution activities into other GCC countries. 4. The draft contemplates the governing law to be UAE law. 5. The distributor in this example is not permitted to assign the agreement or appoint sub-distributors. 6. In terms of delivery, the parties have to choose the relevant Incoterms that best suite the supply pipeline agreed to.
Restaurant Franchise Agreement
Franchise Agreement for the franchising of a restaurant concept and the licensing of the associated intellectual property. 1. The draft contemplates the governing law to be UAE law. 2. This draft also authorises the opening and operation of one single restaurant outlet at a fixed location. 3. The obligations of the parties under the agreement are subject to the franchisee obtaining ownership or a lease rights to the approved location and that all the restaurant fit out works are performed in accordance with the franchisor’s requirements. 4. In terms of fees, the franchisee will pay an initial franchise fee and then a percentage of turnover as royalties to the franchisor.
Intellectual Property Assignment Agreement (Assignment of part or some of Intellectual Property Rights)
An agreement on the provisions of an IP Assignment The purpose of this Agreement is to assign particular IPR pertaining to a product under applicable UAE laws. It is assumed the governing law is UAE law. Details of the Assigned IP (defined below) should be provided in full.
Management Agreement
An agreement for the provision of management services
Memorandum of Association
A generic Template of an MOA of a Limited Liability Company with multiple shareholders
Memorandum of Association
A generic Template of an MOA for a Sole Proprietorship company The Memorandum of Association for Sole Proprietorship - limited liability Company (LLC) in accordance with the provisions of the Federal Decree Law No. 32 of 2021 concerning Commercial Companies and its amendments.
Services Agreement
Services Agreement pursuant to which the draft contemplates a service to be provided in the UAE. It is drafted with reference to a work for hire type of agreement with a focus on the IP rights. There are different forms of service agreements, and it has to be looked at carefully and specific consideration on the type of service to be provided.
Settlement Agreement Template
This Draft is a settlement agreement
Shareholders Agreement
Short Form Shareholder Agreement
Share Purchase Agreement – Short Form
Short Form Share Purchase Agreement for the sale of shares by two sellers to a corporate purchaser.
Facilities Agreement
This is a Facilities Agreement Template
Trademark Assignment Agreement
An agreement on the provisions of a Trademark Assignment 1. The draft contemplates assignment of UAE registered trademark. 2. The draft contemplates the governing law to be UAE law. 3. Details of the trademark subject to the assignment shall be provided in full. To assign a trademark it has to be registered. The assignment consideration should be considered based on the commercial agreement between the parties. It is worth noting that according to the UAE Trademarks Law, assignment can be made without consideration.
Trademark License Agreement
An agreement on the provisions of Trademark Licenses It is an agreement under which the owner of the trademark registered in the UAE shall grant a license for using the trademark, and the scope of the license shall determine the obligations and shall grant the various rights.

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