Document background
The Shared Services Agreement is a critical document used when organizations wish to consolidate and optimize their operational functions through shared resource arrangements. This agreement, governed by UAE law, is particularly relevant in scenarios where companies seek to achieve economies of scale, standardize processes, or centralize support functions. The document encompasses detailed provisions for service delivery, performance standards, cost allocation, and governance structures, while ensuring compliance with UAE regulations including the Civil Code, Commercial Code, and relevant sector-specific legislation. It is commonly used in corporate restructuring, efficiency improvement initiatives, or when establishing group-wide service centers.
