¶¶Òõ¶ÌÊÓƵ

Simple Partnership Dissolution Agreement Generator for United Arab Emirates

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Simple Partnership Dissolution Agreement

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

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Simple Partnership Dissolution Agreement

"I need a Simple Partnership Dissolution Agreement for dissolving a two-partner retail business in Dubai, UAE, with the dissolution to take effect from March 1, 2025, including provisions for dividing inventory and transferring the store lease to one partner."

Document background
The Simple Partnership Dissolution Agreement is a crucial document used when partners decide to formally end their business relationship in the UAE. It serves as the legal framework for partnership termination, ensuring compliance with UAE Commercial Transactions Law and Commercial Companies Law. This document is essential when partners mutually agree to dissolve their partnership or when dissolution becomes necessary due to specific circumstances outlined in the original partnership agreement. It covers critical aspects such as asset distribution, liability settlement, final accounting, and business closure procedures. The agreement must be properly executed and registered with relevant UAE authorities, including the Department of Economic Development, to ensure legal validity and proper closure of the business entity.
Suggested Sections

1. Parties: Identification of all partners involved in the dissolution, including full legal names and addresses

2. Background: Brief history of the partnership, reference to original partnership agreement, and reason for dissolution

3. Definitions: Key terms used throughout the agreement

4. Dissolution Date: Specific date when the partnership will be officially dissolved

5. Agreement to Dissolve: Express agreement of all partners to dissolve the partnership

6. Final Accounting: Process for conducting final accounting of partnership assets, liabilities, and accounts

7. Asset Distribution: Detailed provisions for the distribution of partnership assets among partners

8. Settlement of Liabilities: Provisions for payment of outstanding debts and liabilities

9. Partner Responsibilities: Ongoing duties and responsibilities of partners during dissolution process

10. Business Closure: Steps for closing business operations, including cancellation of licenses and registrations

11. Notice to Third Parties: Requirements for notifying customers, suppliers, and other stakeholders

12. Governing Law: Specification of UAE law as governing law and relevant jurisdiction

13. General Provisions: Standard clauses including entire agreement, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Distribution and ownership of IP rights post-dissolution, used when partnership owns significant IP assets

2. Employee Matters: Handling of employment contracts and obligations, included when partnership has employees

3. Ongoing Legal Proceedings: Management of existing legal claims or proceedings, included when there are pending legal matters

4. Non-Compete Provisions: Restrictions on partners' future business activities, included when partners agree to post-dissolution competition restrictions

5. Confidentiality: Ongoing obligations regarding confidential information, included when sensitive business information exists

6. Tax Matters: Specific provisions for handling tax obligations and returns, included when complex tax matters exist

7. Dispute Resolution: Specific procedures for resolving disputes during dissolution process, included when partners want detailed dispute resolution mechanisms

Suggested Schedules

1. Schedule A - Asset Inventory: Detailed list of all partnership assets and their agreed values

2. Schedule B - Distribution Plan: Specific allocation of assets and liabilities among partners

3. Schedule C - Outstanding Liabilities: List of all debts, obligations, and pending payments

4. Schedule D - Closing Checklist: Step-by-step list of actions required to complete dissolution

5. Appendix 1 - Partner Resolution: Formal partner resolution approving dissolution

6. Appendix 2 - Final Accounts: Final financial statements and accounting records

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

Professional Services

Retail

Construction

Trading

Consulting

Real Estate

Food and Beverage

Technology

Manufacturing

Healthcare

Education

Small and Medium Enterprises

Relevant Teams

Legal

Finance

Operations

Compliance

Corporate Governance

Executive Leadership

Administrative

Business Development

Risk Management

Accounting

Relevant Roles

Business Owner

Managing Partner

General Partner

CEO

Legal Counsel

Chief Financial Officer

Business Development Manager

Operations Manager

Compliance Officer

Account Manager

Corporate Secretary

Finance Director

Managing Director

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

Salon Business Partnership Agreement

UAE-governed partnership agreement for salon business operations, outlining partner rights, responsibilities, and regulatory compliance requirements.

find out more

Rent Agreement For Partnership Firm

UAE-compliant commercial lease agreement for partnership firms, incorporating federal and emirate-specific rental regulations.

find out more

Partnership Deed For Real Estate Business

A UAE-governed partnership agreement establishing the framework for joint real estate business operations, detailing partner rights, obligations, and operational procedures.

find out more

Salaried Partnership Agreement

UAE-governed agreement establishing terms for a salaried partner's appointment, combining partnership and employment elements under UAE federal laws.

find out more

Reseller Agreement For Software Products

UAE-governed agreement authorizing a reseller to distribute and sell specified software products, including territorial rights and commercial terms.

find out more

Real Estate Agent Partnership Agreement

UAE-governed agreement establishing partnership terms between real estate agents, including commission structures, responsibilities, and regulatory compliance.

find out more

Partnership Deed For Hotel Business

UAE-governed partnership agreement establishing the framework for joint hotel business operations, including partner rights, management structure, and regulatory compliance.

find out more

Original Partnership Deed

A legally binding agreement under UAE law that establishes and governs a business partnership, defining partners' rights, responsibilities, and business operations.

find out more

Letter Of Intent Business Collaboration

A preliminary document under UAE law outlining the framework and key terms for intended business collaboration between parties, serving as a precursor to a definitive agreement.

find out more

Deed Of Partnership Between Two Partners

A UAE-law governed partnership agreement establishing terms, conditions, and operational framework for a two-party business partnership.

find out more

Business Alliance Agreement

A UAE-governed agreement establishing a strategic business partnership between entities, outlining collaboration terms and compliance with local commercial laws.

find out more

Brand Partnership Contract

UAE-governed agreement establishing terms and conditions for brand partnerships, including usage rights and commercial obligations.

find out more

Accounting Firm Partnership Agreement

UAE-governed partnership agreement establishing the legal and operational framework for an accounting firm partnership, compliant with UAE Federal Laws.

find out more

Distributorship Contract

UAE-governed agreement establishing terms for product distribution between supplier and distributor, including territorial rights and compliance with local laws.

find out more

Business Partnership Percentage Agreement

UAE-governed agreement establishing partnership terms, ownership percentages, and profit-sharing arrangements between business partners.

find out more

Software Company Partnership Agreement

UAE-governed agreement establishing partnership terms between software companies, addressing operational, technical, and compliance requirements under UAE law.

find out more

Construction Company Partnership Agreement

UAE-governed agreement establishing a partnership between construction companies, defining operational terms and compliance with local partnership laws.

find out more

Limited Liability Partnership Contract

UAE Limited Liability Partnership Contract establishing a regulated partnership structure under UAE law, defining partner relationships and business operations.

find out more

Land Partnership Agreement

UAE-governed agreement establishing partnership arrangements for land ownership, development, or management, compliant with federal and emirate-specific property laws.

find out more

Authorized Reseller Agreement

UAE-governed agreement establishing and regulating the relationship between a supplier and authorized reseller for product distribution in specified territories.

find out more

Joint Venture Proposal

A UAE-compliant joint venture proposal document outlining the framework and terms for a proposed business partnership under UAE law.

find out more

Short Partnership Agreement

UAE-compliant partnership agreement establishing core terms and conditions for business partnerships under UAE Commercial Companies Law.

find out more

Software Distributor Agreement

UAE-governed agreement establishing terms for software distribution rights, including territorial scope, IP protection, and compliance with local commercial agency laws.

find out more

Social Media Partnership Agreement

UAE-governed agreement establishing terms and conditions for social media partnerships, ensuring compliance with local regulations and cultural requirements.

find out more

Partnership Deed

A UAE law-governed agreement establishing a formal business partnership, defining partners' rights, obligations, and operational framework under UAE Commercial Companies Law.

find out more

Silent Partner Contract

UAE-governed agreement establishing a partnership between an active business operator and a silent investor, defining capital contribution, profit sharing, and management rights.

find out more

Partnership Agreement For Restaurant Business

UAE-governed partnership agreement for establishing and operating a restaurant business, covering capital, operations, and regulatory compliance.

find out more

Limited Company Partnership Agreement

UAE-governed partnership agreement establishing and regulating a limited liability company structure between partners under UAE Commercial Companies Law.

find out more

Limited Partnership Contract

UAE Limited Partnership Contract establishing partnership between general partners with unlimited liability and limited partners with restricted liability, governed by UAE Commercial Companies Law.

find out more

Collaboration Partnership Agreement

A UAE law-governed agreement establishing terms and conditions for a collaborative partnership between multiple parties, ensuring compliance with UAE Commercial Companies Law.

find out more

Venture Partner Agreement

UAE-governed agreement defining the relationship between a venture capital firm and venture partner, including roles, compensation, and operational terms.

find out more

Temporary Partnership Agreement

UAE-governed agreement establishing a temporary business partnership between parties for a specific project or limited duration, compliant with UAE Commercial Companies Law.

find out more

Technology Partnership Agreement

UAE-governed agreement establishing terms and conditions for technology partnerships, including IP rights, licensing, and operational procedures.

find out more

Technical Partnership Agreement

A UAE-governed agreement establishing technical partnership terms, including collaboration scope, IP rights, and operational procedures between technical partners.

find out more

Startup Partnership Agreement

UAE-governed agreement establishing partnership terms, rights, and obligations for startup ventures, aligned with UAE Commercial Companies Law.

find out more

Software Partner Agreement

UAE-governed agreement establishing terms between software providers and their business partners for software distribution and implementation services.

find out more

Shareholders Agreement Joint Venture

UAE-governed shareholders agreement establishing and regulating a joint venture company, addressing ownership, management, and operational framework under UAE law.

find out more

Service Partner Agreement

UAE-governed agreement establishing terms and conditions between a service provider and client for professional service delivery.

find out more

Simple Partnership Dissolution Agreement

UAE-governed agreement that formally dissolves a partnership, outlining asset distribution and liability settlement in compliance with UAE commercial law.

find out more

Revenue Share Partnership Agreement

UAE-governed agreement establishing terms for revenue sharing partnerships between parties, including calculation methods and payment terms.

find out more

Restaurant Profit Sharing Agreement

UAE-governed agreement establishing profit-sharing terms and operational framework between parties in a restaurant business venture.

find out more

Sales Cooperation Agreement

UAE-governed agreement establishing terms for sales collaboration between parties, including territorial rights, commissions, and performance requirements.

find out more

Salaried Partner Agreement

UAE-governed agreement establishing terms and conditions for salaried partners in professional firms, combining partnership and employment elements.

find out more

Real Estate Joint Venture Agreement

UAE-governed agreement establishing a joint venture between parties for real estate development or investment, incorporating local property laws and regulations.

find out more

Property Partnership Agreement

UAE-governed agreement establishing partnership terms for joint property ownership, management, and development, compliant with UAE property and partnership laws.

find out more

Profit Sharing Ratio Partnership Agreement

UAE-governed agreement establishing partnership terms and profit-sharing ratios between multiple parties, compliant with UAE Commercial Companies Law and Sharia principles.

find out more

Product Partnership Agreement

UAE-governed agreement establishing terms for product-based partnership between parties, covering development, manufacture, distribution, or commercialization rights.

find out more

Preliminary Partnership Agreement

A UAE law-governed preliminary agreement outlining proposed partnership terms and conditions, serving as a framework for negotiating the final partnership agreement.

find out more

Preferred Partner Agreement

UAE-governed agreement establishing preferential business partnership terms, rights, and obligations between collaborating parties.

find out more

Pre Partnership Agreement

A UAE-governed preliminary agreement establishing terms and conditions between potential business partners before forming a formal partnership.

find out more

Partnership Non Disclosure Agreement

UAE-governed confidentiality agreement for protecting sensitive information shared between partnership parties, compliant with UAE federal laws.

find out more

Partnership Contract Agreement

A UAE-law governed agreement establishing a business partnership, defining partners' rights, responsibilities, and operational framework in compliance with UAE Commercial Companies Law.

find out more

Non Equity Partnership Agreement

A UAE law-governed agreement establishing a non-equity partnership arrangement between parties, defining operational and financial terms without equity sharing.

find out more

Nonprofit Partnership Agreement

UAE-governed agreement establishing a partnership between nonprofit organizations, defining their collaboration terms and ensuring compliance with UAE nonprofit regulations.

find out more

Media Partner Agreement

UAE-governed agreement establishing terms and conditions for media partnerships, content sharing, and distribution rights in compliance with local media regulations.

find out more

Managing Partner Agreement

UAE-governed agreement defining the relationship, duties, and powers of a managing partner within a company structure.

find out more

Livestock Partnership Agreement

A UAE-compliant partnership agreement for joint livestock operations, defining operational, financial, and regulatory responsibilities under UAE Federal Laws.

find out more

Limited Partnership Purchase Agreement

UAE-governed agreement for transferring limited partnership interests, compliant with UAE Federal Law No. 32 of 2021 and local regulations.

find out more

Letter Of Intent Joint Venture

A UAE law-governed preliminary agreement outlining key terms and conditions for a proposed joint venture, establishing framework for negotiations and specifying binding and non-binding provisions.

find out more

Joint Partnership Agreement

A UAE-governed agreement establishing a formal partnership between parties, setting out rights, obligations, and operational framework under UAE Commercial Companies Law.

find out more

Joint Venture Offer Letter

A preliminary document under UAE law outlining proposed terms for establishing a joint venture, including key commercial terms and ownership structure.

find out more

Informal Partnership Agreement

A UAE-governed agreement establishing terms between partners for conducting business without forming a formal company structure.

find out more

Influencer Partnership Agreement

UAE-governed agreement establishing terms and conditions for influencer marketing services, including regulatory compliance and commercial terms.

find out more

Hotel Partnership Agreement

UAE-governed agreement establishing partnership terms between hotel property owners and operators, defining operational responsibilities and profit-sharing arrangements.

find out more

General Cooperation Agreement

A UAE law-governed agreement establishing the framework and terms for business cooperation between multiple parties.

find out more

Food Delivery Partner Agreement

UAE-governed agreement establishing the relationship between food delivery platforms and delivery partners, including operational terms and regulatory compliance requirements.

find out more

Family Partnership Agreement

UAE-governed agreement establishing a family partnership structure for managing family business interests, incorporating local legal requirements and cultural considerations.

find out more

Equity Partnership Agreement

UAE-governed agreement establishing equity partnership terms, including ownership, management rights, and profit sharing arrangements.

find out more

Delivery Partner Agreement

UAE-governed agreement establishing terms and conditions between service providers and delivery partners, including operational requirements and compliance with UAE regulations.

find out more

Commission Partnership Agreement

UAE-governed agreement establishing a commission-based partnership arrangement with defined terms, obligations, and compensation structure.

find out more

Co Branding Partnership Agreement

UAE-governed agreement establishing terms for brand collaboration and joint marketing between two or more parties, including IP rights and commercial terms.

find out more

Channel Partner Agreement

UAE-governed agreement establishing a channel partnership relationship for product/service distribution, incorporating local commercial law requirements.

find out more

Business Partner Buy Sell Agreement

UAE-governed agreement establishing terms for purchase and sale of business ownership interests between partners, compliant with UAE Commercial Companies Law.

find out more

Brand Partnership Agreement

UAE-governed agreement establishing terms and conditions for brand partnership, including licensing rights, quality control, and commercial arrangements.

find out more

Business Co Ownership Agreement

UAE-governed agreement establishing joint business ownership terms and conditions between multiple parties, including ownership rights, management, and operations.

find out more

Artist Collaboration Agreement

UAE-governed agreement establishing terms for artistic collaboration, including IP rights, revenue sharing, and cultural compliance requirements.

find out more

50 50 Profit Sharing Agreement

UAE-governed agreement establishing a 50-50 profit sharing arrangement between partners, detailing equal distribution of profits and losses in compliance with UAE commercial law.

find out more

80 20 Partnership Agreement

UAE-governed partnership agreement establishing an 80/20 ownership structure with defined rights, obligations, and operational framework under UAE law.

find out more

60 40 Partnership Agreement

UAE-governed partnership agreement establishing a 60/40 profit-sharing structure between partners, detailing operational terms and management responsibilities.

find out more

51 49 Partnership Agreement

UAE-governed partnership agreement establishing a 51% UAE national ownership and 49% foreign ownership structure, compliant with UAE Commercial Companies Law.

find out more

50 50 Business Partnership Contract

UAE-governed legal agreement establishing a 50-50 business partnership, defining equal rights and responsibilities between two partners.

find out more

Profit Sharing Agreement Between Partners

UAE-governed agreement establishing profit sharing terms and mechanisms between business partners, aligned with UAE Commercial Companies Law.

find out more

Business Partner Agreement Contract

UAE-governed agreement establishing terms and conditions for business partnerships, compliant with UAE federal laws and commercial regulations.

find out more

Partnership Agreement Between 3 Parties

UAE-governed partnership agreement establishing rights, obligations, and operational framework between three parties under UAE Commercial Companies Law.

find out more

Partner Buyout Agreement

UAE-governed agreement facilitating the purchase of partnership interests by remaining partner(s), compliant with UAE Commercial Companies Law and related regulations.

find out more

General Partnership Contract

UAE-governed agreement establishing a general partnership between partners, defining their rights, obligations, and business operations under UAE Commercial Companies Law.

find out more

Medical Partnership Agreement

UAE-governed agreement establishing a partnership between medical practitioners for operating a healthcare practice, covering clinical, operational, and commercial aspects.

find out more

Real Estate Development Joint Venture Term Sheet

UAE-governed term sheet outlining key terms for a real estate development joint venture partnership, establishing framework for ownership, contributions, and development responsibilities.

find out more

Capital Contribution Partnership Agreement

UAE-governed agreement establishing a partnership based on capital contributions, defining partner rights, obligations, and profit-sharing arrangements.

find out more

Commercial Collaboration Agreement

A UAE-governed agreement establishing terms for commercial collaboration between parties, structured under UAE Federal Laws.

find out more

Accounting Partnership Agreement

UAE-governed agreement establishing and regulating a partnership between accounting professionals or firms, ensuring compliance with local laws and professional standards.

find out more

Partnership Separation Agreement

UAE-compliant agreement for partnership dissolution, covering asset division, liabilities, and post-separation obligations.

find out more

Equity Partner Contract

UAE-governed agreement establishing equity partnership terms, including capital contributions, profit sharing, and management rights under UAE law.

find out more

Franchise Partnership Agreement

A UAE-compliant agreement establishing a franchise partnership relationship, granting business operation rights while adhering to local commercial and agency laws.

find out more

Three Way Partnership Agreement

A UAE law-governed agreement establishing a three-way partnership, detailing partners' rights, obligations, and operational framework in compliance with UAE Commercial Companies Law.

find out more

Mutual Partnership Agreement

A UAE-governed agreement establishing a formal partnership between two or more parties, outlining their rights, obligations, and business relationship.

find out more

Investment Cooperation Agreement

UAE-governed agreement establishing investment cooperation terms, structure, and regulatory compliance requirements between investing parties.

find out more

Online Partnership Agreement

UAE-governed agreement for establishing and managing online business partnerships, compliant with UAE electronic commerce and partnership laws.

find out more

Farming Partnership Agreement

UAE-governed agreement establishing a partnership for agricultural operations, covering farming operations, profit sharing, and regulatory compliance.

find out more

Brand Collaboration Agreement

UAE-governed agreement establishing terms for brand collaboration, including brand usage rights, commercial terms, and quality control measures.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

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

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.