Intercompany Shared Services Agreement Template 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 Intercompany Shared Services 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:

Intercompany Shared Services Agreement

"I need an Intercompany Shared Services Agreement for our UAE-based technology group, where our Dubai holding company will provide IT infrastructure, HR, and financial services to five subsidiary companies starting March 2025, with specific emphasis on data protection and cybersecurity provisions."

Document background
The Intercompany Shared Services Agreement is essential for UAE-based corporate groups looking to centralize and streamline their internal support functions. This document is typically used when one entity within a corporate group provides administrative, technical, or operational services to other group entities, enabling cost efficiency and standardization of service delivery. The agreement ensures compliance with UAE commercial laws, VAT regulations, and the new corporate tax regime while establishing clear service standards, pricing mechanisms, and governance structures. It's particularly relevant given the increasing focus on transfer pricing and related party transactions in the UAE, requiring careful documentation of service arrangements between group entities.
Suggested Sections

1. Parties: Identification of the service provider and service recipient entities, including full legal names and registration details

2. Background: Context of the agreement, relationship between the parties, and purpose of the shared services arrangement

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of services to be provided, including service categories and delivery requirements

5. Service Standards: Quality standards, KPIs, and performance metrics for service delivery

6. Charges and Payment Terms: Service fees, calculation methodology, payment terms, and invoicing procedures

7. Duration and Termination: Term of the agreement, renewal provisions, and termination rights

8. Service Provider Obligations: Key responsibilities and commitments of the service provider

9. Service Recipient Obligations: Key responsibilities and commitments of the service recipient

10. Governance and Reporting: Management structure, reporting requirements, and review processes

11. Confidentiality: Protection of confidential information and trade secrets

12. Data Protection: Compliance with UAE data protection requirements and data handling procedures

13. Intellectual Property: Ownership and usage rights of IP created or used in service delivery

14. Liability and Indemnification: Limitation of liability and indemnification provisions

15. Force Majeure: Events excusing performance and related procedures

16. Governing Law and Dispute Resolution: UAE law as governing law and dispute resolution mechanisms

17. General Provisions: Standard boilerplate clauses including notices, amendments, and assignment

Optional Sections

1. Tax Compliance: Include when services have specific VAT or corporate tax implications

2. Regulatory Compliance: Include when services are subject to specific regulatory requirements

3. Staff and Personnel: Include when services involve secondment or dedicated personnel

4. Business Continuity: Include when services are critical to business operations

5. Exit Management: Include when service transition requires detailed handover procedures

6. Parent Company Guarantee: Include when additional financial security is required

7. Insurance: Include when specific insurance coverage is required for services

8. Anti-corruption and Sanctions: Include when there are international parties or cross-border elements

Suggested Schedules

1. Schedule 1 - Services Description: Detailed description of each service category and specific services

2. Schedule 2 - Service Levels: Detailed SLAs, KPIs, and performance measurement criteria

3. Schedule 3 - Charges: Detailed pricing structure, cost allocation, and payment calculations

4. Schedule 4 - Governance Procedures: Detailed procedures for contract management and oversight

5. Schedule 5 - Key Personnel: List of key personnel and their roles (if applicable)

6. Schedule 6 - Technical Requirements: Technical specifications and requirements for service delivery

7. Schedule 7 - Form of Reports: Templates and formats for required reporting

8. Appendix A - Contact Details: Contact information for key representatives and escalation points

9. Appendix B - Service Locations: Locations where services will be provided and received

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

Relevant legal definitions
Clauses
Relevant Industries

Financial Services

Technology

Manufacturing

Healthcare

Real Estate

Retail

Energy

Telecommunications

Professional Services

Construction

Hospitality

Transportation and Logistics

Relevant Teams

Legal

Finance

Operations

Compliance

Tax

Corporate Secretarial

Business Development

Service Delivery

Procurement

Contract Management

Risk Management

Internal Audit

Relevant Roles

General Counsel

Legal Director

Head of Legal

Commercial Director

Chief Financial Officer

Financial Controller

Head of Shared Services

Operations Director

Compliance Officer

Tax Manager

Corporate Secretary

Business Development Manager

Service Delivery Manager

Procurement Manager

Contract 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

Find the exact document you need

Intercompany Recharge Agreement

UAE-governed agreement establishing framework for cross-charging costs between related companies, including VAT and transfer pricing compliance.

find out more

Intercompany Agreement For Services

UAE-governed agreement establishing service arrangements between related companies, compliant with UAE Federal Laws and regulations.

find out more

Intercompany Employee Lease Agreement

UAE-governed agreement for temporary employee assignments between companies, establishing terms for employee leasing arrangements under UAE law.

find out more

Intercompany Agreement Transfer Pricing

UAE-compliant intercompany transfer pricing agreement establishing pricing methodologies and compliance framework for related party transactions under UAE corporate tax law.

find out more

Intercompany Agreement Between Parent And Subsidiary

UAE-governed agreement establishing the formal relationship and operational framework between a parent company and its subsidiary.

find out more

Intercompany Shared Services Agreement

UAE-governed agreement for shared services arrangement between related companies, defining service provision terms and compliance requirements.

find out more

Intercompany Cost Sharing Agreement

UAE-governed agreement establishing cost sharing arrangements between group companies, including allocation methodology and compliance requirements.

find out more

Intercompany Settlement Agreement

UAE-governed agreement for settling financial obligations between related companies within a corporate group, ensuring compliance with local laws and regulations.

find out more

Intercompany Subordination Agreement

UAE-governed agreement establishing debt priority and subordination arrangements between companies within a corporate group.

find out more

Intercompany Revolving Loan Agreement

UAE law-governed revolving loan agreement between related companies, enabling flexible group financing arrangements in compliance with local regulations.

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: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.