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Fee Agreement for United Arab Emirates

Fee Agreement Template for United Arab Emirates

A comprehensive legal document governed by UAE law that establishes the terms and conditions for the payment of fees in exchange for specified services. This agreement outlines the fee structure, payment terms, service scope, and obligations of both parties while ensuring compliance with UAE federal laws, including the Civil Code and Commercial Code. It includes provisions for VAT treatment and considers specific emirate-level regulations where applicable. The document serves as a legally binding contract that protects both the service provider and the client by clearly defining the commercial relationship and associated financial obligations.

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What is a Fee Agreement?

The Fee Agreement is essential for businesses and professionals operating in the UAE who provide services in exchange for monetary compensation. It serves as a crucial document for establishing clear financial terms and service expectations between parties. This agreement must comply with UAE federal laws, including the Civil Code (UAE Federal Law No. 5 of 1985) and relevant commercial regulations. The Fee Agreement typically includes detailed fee structures, payment schedules, service scope, and VAT considerations. It's particularly important in the UAE context where different emirates may have additional regulatory requirements and where VAT implementation is relatively recent. The document is commonly used in professional services, consulting arrangements, and various business relationships where regular fee payments are involved.

What sections should be included in a Fee Agreement?

1. Parties: Identification of all parties to the agreement with full legal names and addresses

2. Background: Context of the agreement and relationship between the parties

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

4. Scope of Services: Detailed description of services to be provided in exchange for fees

5. Fee Structure: Detailed breakdown of fees, payment amounts, and calculation methods

6. Payment Terms: Payment schedule, method of payment, and currency specifications

7. VAT and Taxes: Treatment of VAT and other applicable taxes in accordance with UAE law

8. Duration: Term of the agreement, including start date and end date if applicable

9. Obligations of the Parties: Specific responsibilities and obligations of each party

10. Confidentiality: Provisions regarding confidential information handling

11. Termination: Circumstances and process for terminating the agreement

12. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

13. Execution: Signature blocks and execution requirements

What sections are optional to include in a Fee Agreement?

1. Service Levels: Include when specific performance metrics or standards need to be maintained

2. Interest on Late Payment: Include when charging interest on late payments is part of the business arrangement

3. Currency Exchange: Include when fees are paid in multiple currencies or require conversion

4. Force Majeure: Include when needed to address unforeseen circumstances affecting service delivery

5. Insurance: Include when specific insurance requirements need to be maintained

6. Intellectual Property: Include when services involve creation or use of intellectual property

7. Non-Competition: Include when restrictions on competitive activities are required

8. Assignment: Include when transfer of rights needs to be specifically addressed

9. Electronic Communications: Include when agreement involves significant electronic transactions or notifications

What schedules should be included in a Fee Agreement?

1. Schedule 1 - Fee Schedule: Detailed breakdown of all fees, rates, and charges

2. Schedule 2 - Service Description: Detailed specification of services to be provided

3. Schedule 3 - Payment Schedule: Timeline and breakdown of payment installments if applicable

4. Schedule 4 - Key Personnel: List of key personnel responsible for service delivery if applicable

5. Appendix A - Required Forms: Standard forms or templates used in service delivery or billing

6. Appendix B - Service Level Metrics: Detailed performance metrics and measurement criteria if applicable

Authors

Alex Denne

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

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions























Clauses





























Relevant Industries

Professional Services

Consulting

Legal Services

Financial Services

Technology

Healthcare

Real Estate

Education

Construction

Engineering

Marketing and Advertising

Management Consulting

Relevant Teams

Legal

Finance

Procurement

Commercial

Operations

Business Development

Sales

Accounts

Contract Administration

Risk Management

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Contracts Manager

Business Development Manager

Project Manager

Account Manager

Operations Director

Managing Partner

Commercial Director

Financial Controller

Procurement Manager

Sales Director

General Manager

CEO

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

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