Document background
The Responsibility Transfer Letter is a crucial document in UAE business operations, particularly when there is a need to formally transfer duties, obligations, or responsibilities between parties. This document type is commonly used during corporate restructuring, project handovers, or management transitions, ensuring compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and Federal Law No. 18 of 1993 (Commercial Transactions Law). The letter should clearly articulate the scope of responsibilities being transferred, include specific terms and conditions of the transfer, and be properly executed by authorized representatives of both parties. It serves as legal evidence of the transfer and helps minimize potential disputes by clearly documenting the agreement between parties.
