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Intra Company Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

Intra Company Agreement

I need an Intra Company Agreement between our Dubai-based holding company and its Abu Dhabi subsidiary for shared IT services and personnel, with implementation planned for March 2025 and including specific provisions for data protection and staff secondment.

Document background
The Intra Company Agreement serves as a fundamental document for establishing and managing relationships between related corporate entities in the UAE. It is essential when companies within the same group need to formalize their business arrangements, service provisions, resource sharing, or financial relationships. The document must comply with UAE Federal Laws, including the Commercial Companies Law, Civil Code, and where applicable, Free Zone regulations. This agreement typically includes provisions for service delivery, financial arrangements, governance structures, compliance requirements, and risk allocation. It is particularly relevant for multinational companies operating in the UAE through various corporate structures, and for local groups managing multiple related entities. The agreement helps ensure transparent and compliant operations while maintaining appropriate corporate governance standards within the UAE's legal framework.
Suggested Sections

1. Parties: Identification of the related companies entering into the agreement, including their full legal names, registration numbers, and registered addresses

2. Background: Context of the relationship between the companies, corporate structure, and purpose of the agreement

3. Definitions and Interpretation: Definitions of key terms used in the agreement and rules for interpretation

4. Scope of Cooperation: Detailed description of the business relationship and activities covered by the agreement

5. Duration and Termination: Term of the agreement, renewal provisions, and circumstances for termination

6. Financial Arrangements: Payment terms, pricing mechanisms, and financial obligations between the parties

7. Confidentiality: Provisions for protecting confidential information shared between the parties

8. Intellectual Property Rights: Ownership and usage rights of intellectual property between the companies

9. Compliance and Governance: Requirements for legal compliance, corporate governance, and reporting

10. Dispute Resolution: Procedures for resolving disputes, including jurisdiction and applicable law

11. General Provisions: Standard contractual clauses including notices, amendments, and severability

Optional Sections

1. Service Level Agreement: Detailed service standards and performance metrics - include when specific services are being provided between companies

2. Staff Transfers: Terms for temporary or permanent staff transfers between companies - include when employee sharing is contemplated

3. Cost Sharing: Methodology for sharing costs between companies - include when there are shared resources or expenses

4. Tax Considerations: Specific provisions for tax compliance and transfer pricing - include when cross-border transactions are involved

5. Data Protection: Specific data protection and privacy requirements - include when personal or sensitive data is shared

6. Insurance: Insurance requirements and allocations - include when shared risks need to be managed

7. Force Majeure: Provisions for handling unforeseen circumstances - include when long-term commitments are involved

8. Anti-corruption Compliance: Specific anti-corruption and compliance requirements - include when dealing with government entities or high-risk activities

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of services to be provided between the companies

2. Schedule 2 - Pricing and Payment Terms: Detailed pricing structures, payment mechanisms, and financial arrangements

3. Schedule 3 - Key Personnel: List of key personnel responsible for managing the relationship and their roles

4. Schedule 4 - Service Levels: Specific performance metrics and service level requirements

5. Schedule 5 - Compliance Requirements: Detailed compliance requirements and procedures

6. Appendix A - Corporate Structure Chart: Diagram showing the relationship between the companies

7. Appendix B - Required Forms and Templates: Standard forms and templates to be used under the agreement

8. Appendix C - Contact Details: Contact information for key personnel and official notices

Authors

Alex Denne

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

Relevant legal definitions























































Clauses















































Relevant Industries

Financial Services

Manufacturing

Technology

Real Estate

Healthcare

Retail

Energy

Transportation

Construction

Professional Services

Telecommunications

Hospitality

Education

Media and Entertainment

Relevant Teams

Legal

Finance

Compliance

Corporate Governance

Risk Management

Treasury

Tax

Internal Audit

Corporate Affairs

Operations

Commercial

Business Development

Company Secretariat

Regulatory Affairs

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

General Counsel

Corporate Secretary

Finance Director

Legal Director

Compliance Officer

Commercial Director

Operations Director

Group Financial Controller

Head of Corporate Affairs

Risk Manager

Treasury Manager

Tax Director

Company Secretary

Business Development Director

Internal Audit 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

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