What contracts and legal documents are essential for businesses in Dubai?
From shareholder agreements to employment contracts, learn which legal documents every business in Dubai must have in place.
Having the right legal documents in place protects your business and ensures smooth operations. Here are the key contracts every business in Dubai should prepare:
Shareholder Agreement
This document outlines the ownership structure, voting rights, and profit-sharing agreements between shareholders. It helps prevent disputes and ensures everyone involved understands their responsibilities.
Employment Contracts
Every employee must have a formal employment contract that complies with UAE labor law. The contract should detail the job role, salary, benefits, leave entitlements, and termination clauses.
Supplier and Vendor Agreements
Businesses working with external suppliers or vendors must have clear contracts in place to outline payment terms, delivery schedules, and dispute resolution mechanisms.
Lease Agreements (Ejari)
If operating from a physical location on the mainland, businesses must register their lease agreements through Ejari, which serves as proof of tenancy and is required for trade license renewals.
Ensuring these contracts are properly drafted and legally compliant will help your business operate smoothly and avoid disputes.