The Family Partnership Agreement serves as a foundational document for families looking to formalize their business relationships and ensure sustainable succession planning within the UAE legal framework. This document is particularly crucial for family businesses seeking to establish clear governance structures, protect family interests, and ensure smooth transition between generations. It addresses key aspects required under UAE law, including compliance with the Commercial Companies Law and Personal Status Law, while incorporating provisions for Shariah law compliance where relevant. The agreement typically includes detailed sections on ownership structure, management rights, profit distribution, dispute resolution, and exit mechanisms, all tailored to meet both family needs and UAE regulatory requirements. Family businesses should implement this agreement during their initial formation or during restructuring phases to establish clear parameters for family involvement and business operations.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of all family members entering into the partnership agreement
2. Background: Context of the family business, history, and purpose of the partnership agreement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Family Member', 'Partnership', 'Family Council', etc.
4. Partnership Formation: Details of partnership structure, initial capital contributions, and registration requirements under UAE law
5. Partnership Interests: Allocation of ownership interests among family members and classes of partnership interests
6. Family Governance Structure: Establishment and powers of Family Council, voting rights, and decision-making processes
7. Management and Control: Day-to-day management structure, appointment of managers, and scope of authority
8. Financial Provisions: Profit sharing, losses, capital accounts, and distribution policies
9. Transfer Restrictions: Limitations on transfer of partnership interests and family ownership preservation
10. Succession Planning: Rules for generational transfer and succession of partnership interests
11. Exit Provisions: Procedures for voluntary and involuntary exit of family members from the partnership
12. Dispute Resolution: Procedures for resolving family and business disputes, including mediation and arbitration
13. Term and Termination: Duration of partnership and circumstances leading to dissolution
14. General Provisions: Standard clauses including governing law, notices, and amendments
1. Family Employment Policy: Rules for family members' employment in the business - include when family members will be actively involved in operations
2. Education and Training: Provisions for developing next generation leadership - include when succession planning is a priority
3. Family Code of Conduct: Guidelines for family member behavior and responsibilities - include for larger family groups
4. Charitable Giving: Structure for family philanthropy and community engagement - include when social responsibility is a priority
5. Business Diversification: Rules for expanding into new business areas - include when growth and diversification are planned
6. Family Constitution Integration: Reference to family constitution if one exists - include when family has broader governance documents
7. Non-Family Member Provisions: Rules for non-family member involvement - include when external expertise is needed
8. Islamic Finance Compliance: Specific provisions ensuring Shariah compliance - include when required by family values
1. Schedule 1: Current Partnership Interests: Detailed breakdown of current ownership structure and capital contributions
2. Schedule 2: Family Members: Complete list of family members and their status within the partnership
3. Schedule 3: Business Assets: Inventory of partnership assets and their agreed values
4. Schedule 4: Family Council Procedures: Detailed procedures for Family Council meetings and governance
5. Schedule 5: Valuation Methodology: Agreed methods for valuing partnership interests
6. Schedule 6: Distribution Policy: Detailed rules for profit distribution and reinvestment
7. Appendix A: Family Tree: Current family tree showing relationships between members
8. Appendix B: Key Business Licenses: Copies of current business licenses and registrations
Relevant legal definitions
Clauses
Relevant Industries
Retail and Consumer Goods
Real Estate and Construction
Manufacturing and Industrial
Trading and Distribution
Hospitality and Tourism
Healthcare Services
Professional Services
Agriculture and Food Production
Investment and Financial Services
Technology and Digital Services
Education Services
Transportation and Logistics
Media and Entertainment
Energy and Resources
Family Office Services
Relevant Teams
Legal
Corporate Governance
Family Office
Executive Leadership
Board of Directors
Compliance
Finance
Risk Management
Strategic Planning
Operations
Administration
Investment
Business Development
Family Council
Succession Planning
Relevant Roles
Family Business CEO
Managing Partner
Family Office Director
Chief Legal Officer
Corporate Governance Director
Succession Planning Manager
Business Development Director
Family Council Chairman
Partnership Secretary
Compliance Officer
Risk Management Director
Family Relations Manager
Strategic Planning Director
Investment Manager
Operations Director
Finance Director
Board Member
Executive Committee Member
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
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)