Buyer Seller Contract for United Arab Emirates

Buyer Seller Contract Template for United Arab Emirates

A comprehensive legal agreement governed by UAE law that establishes the terms and conditions for the sale and purchase of goods or services between two parties. This document complies with UAE Federal Law No. 5 of 1985 (Civil Code) and UAE Federal Law No. 18 of 1993 (Commercial Transactions Law), setting out essential elements including price, payment terms, delivery conditions, warranties, and dispute resolution mechanisms. It provides legal protection for both buyers and sellers while ensuring clarity in commercial transactions within the UAE jurisdiction.

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What is a Buyer Seller Contract?

This Buyer Seller Contract is a fundamental commercial document used in the United Arab Emirates for structuring sales transactions between parties. It is designed to comply with UAE federal laws, including the Civil Code and Commercial Transactions Law, making it suitable for both business-to-business and business-to-consumer transactions. The contract covers essential aspects such as detailed product specifications, pricing, payment terms, delivery arrangements, warranties, and dispute resolution mechanisms. It's particularly valuable for businesses operating in the UAE market who need a robust legal framework for their sales operations, whether for single transactions or ongoing commercial relationships. The document can be customized to accommodate various types of goods and services while maintaining compliance with UAE legal requirements.

What sections should be included in a Buyer Seller Contract?

1. Parties: Identification and details of the buyer and seller, including full legal names, addresses, and registration numbers if applicable

2. Background: Context of the transaction and brief description of the parties' intention to enter into a sale and purchase arrangement

3. Definitions and Interpretation: Key terms used throughout the agreement and rules for interpreting the contract

4. Sale and Purchase: Core transaction details including description of goods/services being sold and purchased

5. Price and Payment Terms: Purchase price, payment schedule, method of payment, and any applicable taxes or fees

6. Delivery: Delivery terms, timing, location, and transfer of risk and title

7. Warranties and Representations: Warranties regarding the goods/services, ownership, and authority to sell

8. Inspection and Acceptance: Procedures for inspecting goods and accepting or rejecting delivery

9. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

10. Confidentiality: Obligations regarding confidential information shared during the transaction

11. Governing Law and Jurisdiction: Specification of UAE law as governing law and jurisdiction for disputes

12. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Buyer Seller Contract?

1. International Trade Terms: For international sales, including Incoterms and import/export requirements

2. Installment Payment Structure: Detailed payment structure when purchase price is paid in installments

3. Quality Assurance: Specific quality standards and testing procedures for complex products

4. Training and Support: Terms for any required training or ongoing support services

5. Intellectual Property: IP rights and licenses when relevant to the goods being sold

6. Insurance: Insurance requirements for high-value goods or specific risk scenarios

7. Force Majeure: Provisions for unforeseen circumstances preventing performance

8. Anti-corruption Compliance: Compliance with UAE anti-corruption laws for high-value transactions

What schedules should be included in a Buyer Seller Contract?

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods being sold

2. Schedule 2 - Pricing Schedule: Detailed breakdown of prices, especially for multiple items or variable pricing

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and milestones

4. Schedule 4 - Warranty Terms: Detailed warranty terms and conditions

5. Schedule 5 - Service Level Agreement: Performance standards and metrics for any associated services

6. Appendix A - Required Documents: List of documents required for the transaction (e.g., certificates, permits)

7. Appendix B - Testing Procedures: Detailed procedures for product testing and acceptance

Authors

Alex Denne

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

Publisher

Genie AI

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Clauses
Relevant Industries

Retail

Manufacturing

Technology

Construction

Real Estate

Automotive

Consumer Goods

Industrial Equipment

Electronics

Fashion and Luxury

Food and Beverage

Healthcare

Energy

Trading and Distribution

Relevant Teams

Legal

Procurement

Sales

Finance

Operations

Compliance

Risk Management

Commercial

Supply Chain

Business Development

Contract Administration

Relevant Roles

Commercial Director

Procurement Manager

Sales Manager

Legal Counsel

Contract Administrator

Business Development Manager

Supply Chain Manager

Operations Manager

Finance Manager

Compliance Officer

General Manager

Chief Executive Officer

Risk Manager

Commercial Lawyer

Trading 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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