51Ƶ

Partner Agreement Contract for United Arab Emirates

Partner Agreement Contract Template for United Arab Emirates

A comprehensive legal document governed by UAE law that establishes and regulates the relationship between business partners operating in the United Arab Emirates. The agreement details the terms of partnership, including ownership structure (with consideration for the UAE's 51% local ownership requirement where applicable), capital contributions, profit sharing, management rights, and operational responsibilities. It ensures compliance with UAE Federal Law No. 32 of 2021 (Commercial Companies Law) and other relevant UAE regulations while protecting the interests of all parties involved in the business venture.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Partner Agreement Contract

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Partner Agreement Contract?

The Partner Agreement Contract is a fundamental legal document used when establishing business partnerships in the United Arab Emirates. It is essential for structuring business relationships in compliance with UAE Federal Law No. 32 of 2021 and related regulations. This agreement is particularly crucial when foreign investors or companies seek to establish operations in the UAE, as it must address the mandatory 51% local ownership requirement for mainland businesses. The document covers essential aspects such as capital contributions, profit sharing, management rights, and operational responsibilities while incorporating necessary provisions for UAE legal compliance. It serves as the primary reference point for the partnership's governance and helps prevent future disputes by clearly defining all parties' rights and obligations.

What sections should be included in a Partner Agreement Contract?

1. Parties: Identification of all partners, including full legal names, addresses, and registration details for corporate partners

2. Background: Context of the partnership formation, business objectives, and relationship between the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Partnership Structure: Legal form of partnership, ownership percentages, and compliance with UAE ownership requirements

5. Capital Contributions: Details of initial and subsequent capital contributions, valuation of non-cash contributions

6. Profit and Loss Sharing: Distribution of profits and losses, calculation methods, and payment terms

7. Management and Control: Management structure, voting rights, decision-making processes, and partner authorities

8. Partners' Rights and Obligations: Detailed responsibilities, duties, and rights of each partner

9. Business Operations: Scope of business activities, operational procedures, and territory

10. Term and Termination: Duration of partnership, renewal terms, and termination conditions

11. Confidentiality: Protection of confidential information and trade secrets

12. Non-Competition: Restrictions on competitive activities during and after partnership

13. Dispute Resolution: Process for resolving disputes, applicable law, and jurisdiction

14. Governing Law: Specification of UAE law as governing law and relevant jurisdictional matters

What sections are optional to include in a Partner Agreement Contract?

1. Intellectual Property Rights: Used when the partnership involves creation, use, or licensing of intellectual property

2. Employee Matters: Included when partners will be involved in employment decisions or are also employees

3. Islamic Finance Compliance: Required for Sharia-compliant partnerships or Islamic banking arrangements

4. Exit Strategy: Detailed procedures for partner exit, buy-out terms, and business continuation

5. International Operations: Included when partnership operates across multiple jurisdictions

6. Digital Assets and Technology: Required for technology-focused partnerships or digital business operations

7. Environmental Compliance: Necessary for partnerships in industries with environmental impact

8. Related Party Transactions: Rules for dealing with related party transactions and conflicts of interest

What schedules should be included in a Partner Agreement Contract?

1. Schedule 1 - Business Plan: Detailed business plan including projections and strategic objectives

2. Schedule 2 - Capital Contributions Schedule: Detailed breakdown of each partner's capital contributions

3. Schedule 3 - Ownership Structure: Detailed ownership structure including share classes if applicable

4. Schedule 4 - Management Procedures: Detailed procedures for management meetings and decision-making

5. Schedule 5 - Financial Procedures: Accounting policies, banking arrangements, and financial controls

6. Schedule 6 - Key Performance Indicators: Metrics for measuring partnership performance

7. Appendix A - Partner Details: Detailed information about each partner including contact details

8. Appendix B - Required Licenses: List of required licenses and permits for operation

9. Appendix C - Asset Register: Register of partnership assets and their allocation

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Publisher

Genie AI

Cost

Free to use
Relevant legal definitions


















































Clauses















































Relevant Industries

Retail and Consumer Goods

Technology and Digital Services

Professional Services

Manufacturing

Real Estate and Construction

Healthcare and Pharmaceuticals

Financial Services

Hospitality and Tourism

Energy and Utilities

Education

Media and Entertainment

Logistics and Transportation

Relevant Teams

Legal

Corporate Development

Business Development

Finance

Compliance

Risk Management

Strategy

Operations

Investment

Corporate Governance

Commercial

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Chief Financial Officer

Commercial Director

Compliance Officer

Partnership Manager

Investment Director

Operations Director

Company Secretary

Strategy Director

Risk Manager

Corporate Development Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Contract For Contract Labor

UAE-compliant contract template for engaging temporary or project-based workers, aligned with Federal Law No. 33 of 2021.

find out more

Contractor Agreement

UAE-governed agreement establishing terms between a company and independent contractor, ensuring regulatory compliance and clear service terms.

find out more

Generic Contractor Agreement

UAE-governed contractor agreement establishing terms and conditions for engagement of contractors, compliant with UAE federal laws and local business practices.

find out more

Residential Building Contract Agreement

UAE-governed agreement between property owner and contractor for residential building construction, incorporating local construction laws and regulations.

find out more

Independent Service Contract

UAE-governed agreement establishing independent contractor relationship for professional services provision, compliant with UAE Federal Laws.

find out more

Legal Agreement Contract

A UAE legal document facilitating versatile business agreements, ensuring compliance with local laws and Sharia principles.

find out more

Designer Contractor Agreement

UAE-governed agreement establishing terms between clients and design contractors, covering design services, deliverables, and related obligations.

find out more

Construction Labour Contract Agreement

UAE-compliant employment agreement for construction workers, addressing industry-specific requirements and labor regulations.

find out more

Agreement Between Owner And Labour Contractor

UAE-governed agreement between property owner/developer and labor contractor for workforce provision, compliant with UAE Labor Law.

find out more

Agreement Between Company And Labour Contractor

UAE-governed agreement between a company and labor contractor for manpower supply services, ensuring compliance with UAE labor laws and regulations.

find out more

Professional Services Subcontractor Agreement

UAE-governed agreement for subcontracting professional services, establishing terms between main contractor and subcontractor while ensuring compliance with local laws.

find out more

Standard Employment Contract Form

UAE-compliant standard employment contract template establishing key terms and conditions of employment under UAE Federal Labor Law.

find out more

Massage Contractor Agreement

UAE-governed agreement establishing terms between massage service providers and independent massage therapy contractors, ensuring compliance with local health regulations and professional standards.

find out more

Short Form Contractor Agreement

A UAE law-governed agreement establishing the terms of engagement between a company and an independent contractor, outlining key services, payments, and obligations.

find out more

Home Painting Contract

UAE-governed contract for residential painting services, outlining work scope, specifications, and terms between contractor and property owner.

find out more

Construction Agreement Form

UAE-governed construction agreement defining the relationship between employer and contractor, including scope, payments, and obligations under UAE law.

find out more

Cleaning Contractor Agreement

UAE-governed agreement between a client and cleaning contractor defining cleaning services scope, standards, and terms under UAE law.

find out more

General Contractor Construction Contract

UAE-governed construction agreement between an employer and general contractor, incorporating UAE Civil Code requirements and local construction regulations.

find out more

Contract Agreement Between Two Parties

A UAE legal document establishing customized contractual relationships, ensuring compliance with local commercial and civil laws.

find out more

General Contractor Terms And Conditions With Proposal

A comprehensive legal agreement for general contracting services combining terms, conditions, and proposal elements, tailored to UAE law and construction industry requirements.

find out more

Electrical Service Agreement

UAE-governed agreement for electrical services provision, including installation, maintenance, and repairs, compliant with UAE federal and emirate-level regulations.

find out more

Home Improvement Agreement

A UAE-governed agreement between homeowner and contractor for residential improvement works, compliant with UAE Civil Code and local building regulations.

find out more

House Renovation Contract

UAE-governed contract for residential property renovation projects, establishing terms between property owners and contractors while ensuring regulatory compliance.

find out more

Contract For Builder And Client

UAE-governed construction agreement between builder and client, incorporating local legal requirements and building regulations.

find out more

Freelance Contractor Agreement

UAE-governed agreement establishing terms between a company and freelance contractor, ensuring compliance with UAE federal and emirate-specific regulations.

find out more

Service Contract

A UAE legal document outlining terms for providing services without payment, ensuring compliance with local regulations.

find out more

Contractor Agreement Form

UAE-governed agreement establishing terms and conditions between a company and independent contractor, ensuring compliance with local laws and regulations.

find out more

Sole Trader Contract

UAE-governed agreement establishing the commercial relationship between a sole trader and client company, defining services, terms, and obligations in compliance with UAE Federal Laws.

find out more

Simple Subcontractor Agreement

UAE-governed agreement establishing terms and conditions between a main contractor and subcontractor, defining work scope, payments, and mutual obligations.

find out more

Independent Contractor And Non Compete

UAE-compliant agreement establishing independent contractor relationship with non-compete provisions to protect business interests.

find out more

Contractor Service Agreement

UAE-governed agreement defining the relationship and terms between a company and an independent contractor, including service scope, payments, and compliance requirements.

find out more

Consulting Agreement Contract

UAE-governed agreement establishing terms and conditions between a consultant and client for professional consulting services.

find out more

Startup Contractor Agreement

UAE-governed agreement establishing terms and conditions between a startup and independent contractor, ensuring legal compliance while protecting both parties' interests.

find out more

Short Contractor Agreement

A streamlined contractor agreement under UAE law defining the essential terms of engagement between a client and independent contractor.

find out more

Self Employed Cleaner Contract

UAE-compliant contract template for self-employed cleaning professionals, establishing independent contractor relationships and service terms under UAE law.

find out more

Percentage Agreement Contract

UAE-governed agreement establishing percentage-based compensation or profit-sharing arrangements between parties, with compliance to local commercial laws.

find out more

Part Time Contractor Agreement

UAE-governed agreement establishing terms and conditions between a company and part-time independent contractor, ensuring legal compliance and protecting both parties' interests.

find out more

Mining Contractor Agreement

UAE-governed agreement setting out terms and conditions for mining contractors providing services to mine owners/operators, ensuring compliance with UAE mining regulations.

find out more

Independent Employment Agreement

UAE-governed Independent Employment Agreement establishing contractor relationship while ensuring compliance with UAE labor and immigration laws.

find out more

Home Remodel Contract

UAE-compliant contract template for home renovation projects, governing contractor-homeowner relationships and construction requirements.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it