Business Agreement Between Two Parties for Qatar

Business Agreement Between Two Parties Template for Qatar

A comprehensive business agreement template designed for use under Qatar law, incorporating essential elements required by the Qatar Commercial Code and Civil Code. This document establishes the framework for commercial relationships between two business entities, addressing key aspects such as obligations, financial terms, performance requirements, and dispute resolution mechanisms. The agreement ensures compliance with Qatar's legal framework while providing flexibility to accommodate various business arrangements and sector-specific requirements. It includes provisions for both local and international business transactions, considering Qatar's position as a major commercial hub in the Middle East.

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What is a Business Agreement Between Two Parties?

The Business Agreement Between Two Parties serves as a fundamental legal document for establishing commercial relationships under Qatar law. This template is designed for use when two business entities need to formalize their commercial arrangement, whether for services, goods, or ongoing business collaboration. It incorporates requirements from the Qatar Commercial Code, Civil Code, and relevant commercial regulations, making it suitable for both local and international business transactions. The document includes comprehensive sections covering all essential aspects of the business relationship, from basic obligations to complex operational requirements, while ensuring compliance with Qatar's legal framework. It's particularly relevant for businesses operating in or with Qatar, requiring a formal agreement that balances international business practices with local legal requirements.

What sections should be included in a Business Agreement Between Two Parties?

1. Parties: Identification of the contracting parties with full legal names, registration details, and addresses as per Qatar Commercial Registration requirements

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

3. Definitions: Clear definitions of key terms used throughout the agreement, including both general commercial terms and specific business-related terminology

4. Scope of Agreement: Detailed description of the business relationship, services, or goods to be exchanged

5. Duration and Term: Period of the agreement, including commencement date, term, and renewal provisions

6. Financial Terms: Payment terms, amounts, currency, payment methods, and timing in compliance with Qatar banking regulations

7. Obligations and Responsibilities: Detailed description of each party's duties, deliverables, and performance standards

8. Representations and Warranties: Statements of fact and promises made by each party regarding their capacity, authority, and ability to perform

9. Compliance: Commitment to comply with Qatar laws, regulations, and specific industry requirements

10. Confidentiality: Provisions for protecting confidential information and trade secrets

11. Termination: Grounds and procedures for termination, including notice requirements and consequences

12. Dispute Resolution: Process for resolving disputes, including jurisdiction, applicable law, and arbitration provisions as per Qatar law

13. General Provisions: Standard legal clauses including force majeure, notices, amendment procedures, and entire agreement provisions

What sections are optional to include in a Business Agreement Between Two Parties?

1. Intellectual Property Rights: Include when the agreement involves creation, licensing, or use of intellectual property

2. Insurance Requirements: Include when specific insurance coverage is necessary for the business activities

3. Performance Guarantees: Include when specific performance standards or guarantees are required

4. Change Control: Include for agreements involving project work or evolving deliverables

5. Data Protection: Include when personal data processing is involved, considering Qatar's privacy laws

6. Non-Competition: Include when restricting parties from competing activities, subject to Qatar competition laws

7. Assignment and Subcontracting: Include when transfer of rights or subcontracting needs to be addressed

8. Local Content Requirements: Include when compliance with Qatar's local content requirements is relevant

9. Force Majeure: Include detailed force majeure provisions beyond standard clause when business is particularly susceptible to external disruptions

What schedules should be included in a Business Agreement Between Two Parties?

1. Schedule 1: Services/Products Specification: Detailed description of services or products covered by the agreement

2. Schedule 2: Pricing and Payment Terms: Detailed breakdown of prices, payment schedules, and financial terms

3. Schedule 3: Service Levels: Performance metrics and service level requirements if applicable

4. Schedule 4: Key Personnel: List of key personnel from both parties responsible for agreement implementation

5. Schedule 5: Technical Requirements: Technical specifications or requirements relevant to the agreement

6. Schedule 6: Compliance Requirements: Specific regulatory or compliance requirements under Qatar law

7. Appendix A: Required Certificates and Licenses: Copies of relevant business licenses and certificates required under Qatar law

8. Appendix B: Form of Notice: Template for formal notices between parties

9. Appendix C: Change Request Form: Standard form for requesting and documenting changes to the agreement

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

Jurisdiction

Qatar

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Oil and Gas

Construction

Financial Services

Technology

Manufacturing

Professional Services

Real Estate

Healthcare

Retail and Trading

Transportation and Logistics

Hospitality

Education

Telecommunications

Engineering Services

Media and Entertainment

Relevant Teams

Legal

Commercial

Procurement

Finance

Compliance

Operations

Business Development

Risk Management

Sales

Contract Administration

Corporate Governance

Project Management

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Commercial Director

Business Development Manager

Contract Manager

Procurement Manager

Operations Director

Finance Director

Compliance Officer

Project Manager

Account Manager

Sales Director

General Manager

Risk Manager

Company Secretary

Industries
Qatar Civil Code (Law No. 22 of 2004): The fundamental law governing contracts, obligations, and civil transactions in Qatar. It provides the basic principles for contract formation, validity, and enforcement.
Qatar Commercial Code (Law No. 27 of 2006): Regulates commercial transactions and business relationships between parties, including provisions for commercial contracts and business obligations.
Commercial Companies Law (Law No. 11 of 2015): Governs the establishment and operation of commercial companies in Qatar, relevant for understanding the legal capacity of parties entering into business agreements.
Qatar Commercial Registration Law (Law No. 25 of 2005): Stipulates requirements for business registration and licensing, which may affect the parties' legal capacity to enter into agreements.
Qatar Arbitration Law (Law No. 2 of 2017): Important for dispute resolution provisions in business agreements, particularly regarding the enforcement of arbitration clauses and proceedings.
Electronic Commerce and Transactions Law (Law No. 16 of 2010): Relevant if the agreement involves electronic communications or digital signatures in the formation or execution of the contract.
Anti-Money Laundering Law (Law No. 20 of 2019): Must be considered for compliance purposes, especially in financial arrangements and payment terms between parties.
Qatar Financial Centre (QFC) Regulations: If either party operates within the QFC, these regulations may apply to the business relationship and contract terms.
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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