All Countries
Sales
Business Buy Sell Agreement

Business Buy Sell 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 Business Buy Sell 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:

Business Buy Sell Agreement Template

"I need a Business Buy Sell Agreement Template for the sale of my Dubai-based e-commerce company to a foreign buyer, with completion planned for March 2025, including specific provisions for technology asset transfer and data protection compliance."

Celebrated by
Collaborations with
Investors
Document background
The Business Buy Sell Agreement Template is a vital document for conducting business transfer transactions in the United Arab Emirates. It serves as a comprehensive framework for both asset and share sales, ensuring compliance with UAE Federal Law No. 32 of 2021 and other relevant legislation. This template is designed for use when a business owner wishes to sell their enterprise or when an entrepreneur or company aims to acquire an existing business in the UAE. The document encompasses crucial elements required by UAE law, including detailed provisions for purchase price determination, asset transfer protocols, liability allocations, employee considerations, and regulatory compliance requirements. It also addresses specific UAE market considerations such as foreign ownership restrictions, free zone regulations, and corporate tax implications, making it suitable for both local and international business transactions.
Suggested Sections

1. Parties: Identification of the Seller and Buyer with full legal names, addresses, and registration details as per UAE Commercial Registry

2. Background: Context of the transaction, brief description of the business, and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement, including specific UAE legal terminology

4. Sale and Purchase: Core transaction terms including the assets/shares being sold and basic purchase commitment

5. Purchase Price: Details of the purchase price, payment terms, and any adjustments

6. Conditions Precedent: Conditions that must be satisfied before completion, including regulatory approvals

7. Pre-Completion Obligations: Obligations of both parties between signing and completion

8. Completion: Process and requirements for closing the transaction

9. Seller's Warranties: Comprehensive warranties about the business, assets, and liabilities

10. Buyer's Warranties: Basic warranties from the buyer regarding capacity and authority

11. Limitations on Liability: Limitations on warranty claims and general liability caps

12. Post-Completion Obligations: Ongoing obligations after completion, including transition arrangements

13. Confidentiality: Provisions for maintaining confidentiality of transaction and business information

14. Non-Competition: Non-compete restrictions on the seller as per UAE competition law

15. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction provisions

16. General Provisions: Standard boilerplate clauses adapted to UAE law requirements

Optional Sections

1. Employee Matters: Required when employees are being transferred, addressing UAE Labor Law requirements

2. Intellectual Property: Needed when significant IP assets are involved in the sale

3. Real Estate: Required when the business includes property interests or leases

4. Environmental Matters: Necessary for businesses with environmental compliance obligations

5. Tax Covenant: Detailed tax provisions, particularly relevant with new UAE Corporate Tax Law

6. Earn-out Provisions: When part of purchase price is contingent on future performance

7. Foreign Investment Provisions: Required when transaction involves foreign buyers/sellers

8. Agency and Distribution: When business includes commercial agency relationships

9. Islamic Finance Compliance: When transaction involves Shariah-compliant financing

10. Free Zone Provisions: When business operates in UAE free zones

Suggested Schedules

1. Business Assets Schedule: Detailed list of all assets included in the sale

2. Excluded Assets Schedule: List of assets explicitly excluded from the sale

3. Properties Schedule: Details of owned and leased properties

4. Intellectual Property Schedule: List of all IP rights being transferred

5. Employee Schedule: List of employees and their key employment terms

6. Material Contracts Schedule: Key business contracts being transferred

7. Permits and Licenses Schedule: List of governmental permits and licenses

8. Completion Requirements Schedule: Detailed list of completion deliverables

9. Warranties Schedule: Detailed warranties and any disclosed exceptions

10. Purchase Price Adjustment Schedule: Detailed methodology for price adjustments

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Assets
Business
Business Day
Buyer
Completion
Completion Date
Confidential Information
Consideration
Corporate Tax
Deed of Transfer
Disclosed
Disclosure Letter
Effective Date
Employees
Encumbrance
Excluded Assets
Financial Statements
Free Zone Authority
Governmental Authority
Intellectual Property Rights
Inventory
Key Employees
Liabilities
License
Long Stop Date
Material Adverse Change
Material Contracts
Ministry of Economy
NOC
Parties
Permits
Property
Purchase Price
Records
Regulatory Approvals
Related Party
Relevant Authority
Sale Shares
Seller
Seller's Group
Seller's Knowledge
Seller's Warranties
Share Transfer Agreement
Signing Date
Subsidiary
Tax
Tax Authority
Trade License
Transaction Documents
Transfer Date
UAE
VAT
Warranties
Working Capital
Clauses
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Conditions Precedent
Pre-Completion Obligations
Completion
Post-Completion Obligations
Seller's Warranties
Buyer's Warranties
Business Assets
Employee Matters
Intellectual Property
Confidentiality
Non-Competition
Non-Solicitation
Tax Matters
Corporate Tax
VAT
Regulatory Compliance
Foreign Ownership
Commercial Agency
Property Transfer
Asset Transfer
Share Transfer
Liability and Indemnification
Risk Allocation
Insurance
Force Majeure
Termination
Dispute Resolution
Governing Law
Assignment
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Costs and Expenses
Further Assurance
Counterparts
Relevant Industries

Retail

Manufacturing

Professional Services

Technology

Real Estate

Hospitality

Trading

Construction

Healthcare

Education

Financial Services

Logistics

Media and Entertainment

Food and Beverage

E-commerce

Relevant Teams

Legal

Finance

Mergers & Acquisitions

Corporate Development

Risk & Compliance

Executive Leadership

Business Development

Corporate Strategy

Investment

Due Diligence

Corporate Secretarial

Tax Advisory

Relevant Roles

Chief Executive Officer

Managing Director

Business Owner

Chief Financial Officer

Legal Counsel

Corporate Lawyer

Business Development Manager

Merger & Acquisition Manager

Company Director

Finance Director

Commercial Director

Investment Manager

Risk Manager

Compliance Officer

Company Secretary

Business Broker

Transaction Advisory Manager

Industries
UAE Federal Law No. 32 of 2021 (Commercial Companies Law): The primary legislation governing company formations, structures, and business transactions in the UAE. It outlines requirements for business transfers, shareholding changes, and corporate governance.
UAE Civil Code (Federal Law No. 5 of 1985): Governs contractual relationships and obligations, including general principles of contract formation, validity, and enforcement that would apply to business sale agreements.
UAE Commercial Transactions Law (Federal Law No. 18 of 1993): Regulates commercial transactions and business dealings, including provisions relevant to business sales and transfers of commercial establishments.
Federal Decree-Law No. 33 of 2021 (Commercial Registry Law): Governs the registration and documentation requirements for business transfers and changes in commercial licenses.
Federal Law No. 4 of 2012 (Competition Law): Must be considered for potential anti-competitive implications of business sales and mergers.
Federal Decree-Law No. 47 of 2022 (Corporate Tax Law): New tax implications for business transfers and sales that must be considered in the agreement structure.
Federal Law No. 18 of 1981 (Commercial Agency Law): Relevant if the business being sold includes any commercial agency relationships or distributorship rights.
UAE Federal Decree-Law No. 26 of 2020 (Foreign Direct Investment Law): Governs foreign ownership aspects and restrictions in business transfers involving foreign parties.
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

Used Equipment Sales Agreement

UAE-compliant agreement template for the sale and purchase of used equipment, incorporating local commercial law requirements and transaction specifics.

find out more

Product Contract

UAE-compliant product contract template covering sales, distribution, and quality standards under UAE commercial law.

find out more

Restaurant Sale Agreement

find out more

Purchase Agreement

find out more

Vehicle Purchase Agreement

find out more

Simple Asset Sale Agreement

find out more

Sale Of Goods Agreement

find out more

Stock Sale Agreement

find out more

Business Buy Sell Agreement

UAE-governed agreement template for business sale and purchase transactions, compliant with UAE Commercial Companies Law and related regulations.

find out more

Sales Manager Contract

find out more

Purchase Agreement For House

find out more

Used Car Contract

UAE-compliant contract template for used vehicle sales, incorporating all necessary legal requirements and RTA regulations.

find out more

Home Purchase Agreement

find out more

Independent Contractor Sales Commission Agreement

find out more

Sale Of Shares Agreement

find out more

Sales Rep Contract

find out more

Vehicle Selling Contract

A UAE law-governed agreement for vehicle sale and ownership transfer, incorporating RTA requirements and local regulations.

find out more

Private Car Sale Contract

find out more

Sale Leaseback Agreement

find out more

Offer To Sell

UAE-compliant template for formalizing offers to sell goods, assets, or property, structured to meet UAE Civil Code and Commercial Law requirements.

find out more

International Sales Contract

find out more

Deed Of Sale Property

find out more

Absolute Deed Of Sale Car

A UAE-compliant legal document that records and facilitates the complete transfer of vehicle ownership from seller to buyer, meeting all RTA requirements.

find out more

Vehicle Purchase Form

UAE-compliant legal form for documenting vehicle purchase transactions, meeting all local regulatory requirements for ownership transfer and registration.

find out more

Master Sales Agreement

find out more

Pre Sale Agreement

find out more

Installment Sale Agreement

find out more

Contract To Sell Land

A UAE law-governed agreement for the sale and transfer of land ownership, complying with federal and emirate-specific property regulations.

find out more

Sales Partnership Agreement

find out more

Product Sales Agreement

find out more

Private Sale Contract

find out more

Consignment Sales Agreement

find out more

Art Sale Contract

find out more

Buyer Seller Agreement

find out more

Software Sales Contract

find out more

Lease To Purchase Contract

UAE-governed agreement combining property lease terms with a future purchase option, compliant with UAE federal and emirate-specific property laws.

find out more

Buy Sell Agreement

find out more

Export Sale Contract

UAE law-governed agreement for international sale and export of goods, establishing terms for cross-border commercial transactions.

find out more

Sales Consultant Agreement

UAE-governed agreement establishing terms and conditions between a company and an independent sales consultant, including compensation and performance requirements.

find out more

Manufactured Home Purchase Agreement

A UAE-compliant purchase agreement for manufactured homes, covering property specifications, delivery, installation, and warranty terms under UAE federal and emirate laws.

find out more

Sales And Purchase Agreement Spa

UAE-governed agreement documenting the terms and conditions for the transfer of assets or goods from seller to buyer, ensuring legal compliance with UAE Federal Laws.

find out more

Puppy Sale Agreement

UAE-governed agreement for puppy sales, covering ownership transfer, health warranties, and compliance with UAE animal welfare laws.

find out more

Bona Fide Sales Contract

A UAE law-governed contract establishing terms and conditions for the sale and purchase of goods between two parties.

find out more

Deed Of Sale Installment Payment

UAE-governed deed documenting property sale with installment payment terms, including payment schedule, rights, and obligations of parties.

find out more

Preliminary Sale And Purchase Agreement

A UAE-governed preliminary agreement that establishes key terms and conditions for a property transaction, serving as a precursor to the final sale agreement.

find out more

Deed Of Sale Partial Payment

A UAE-law governed deed facilitating property sale with structured partial payments, defining payment terms and ownership transfer conditions.

find out more

Token Sale Agreement

A UAE-compliant legal agreement governing the sale and purchase of digital tokens, incorporating VARA and free zone regulatory requirements.

find out more

Domestic Sales Contract

UAE-compliant sales contract template for domestic commercial transactions, governing the sale and purchase of goods between UAE-based parties.

find out more

Deed Of Sale Of A Portion Of Land

A UAE-governed legal instrument for transferring ownership of a subdivided portion of land, complying with federal and emirate-specific property laws.

find out more

Contract To Sell Form

A UAE law-governed agreement that documents the terms and conditions of a sale transaction between parties, ensuring legal compliance and protection of both seller's and buyer's interests.

find out more

Buy Sale Agreement Form

UAE-governed agreement formalizing the sale and transfer of goods, assets, or property between parties, with comprehensive terms and conditions for commercial transactions.

find out more

Real Estate Offer To Purchase

A formal offer document used in UAE real estate transactions to propose the purchase of property under specific terms and conditions, compliant with UAE property laws.

find out more

Installment Land Sale Contract

UAE-governed agreement for real estate sale through installment payments, including payment terms and transfer conditions.

find out more

Deed Of Sale Form

A legally binding document for property ownership transfer in the UAE, compliant with UAE Civil Code and local property laws.

find out more

Purchase And Sale Agreement Form

UAE-governed agreement documenting terms and conditions for transfer of ownership from seller to buyer, compliant with UAE Civil Code.

find out more

Shares Sale And Purchase Agreement

UAE-governed agreement for the sale and purchase of company shares, detailing transaction terms and regulatory compliance requirements.

find out more

Car Sale Contract

UAE-compliant car sale agreement covering vehicle transfer, payment terms, and ownership rights under UAE law.

find out more

Sales Agreement Form

A UAE law-governed agreement that formalizes sales transactions between parties, detailing product specifications, pricing, delivery terms, and warranties.

find out more

Contract For Buying A House From Owner

UAE-governed agreement for direct property sale between private owner and buyer, complying with UAE federal and emirate-specific real estate 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.

Read our Privacy Policy.