Document background
The Letter of Intent for Product Demonstration is a crucial preliminary document used in the United Arab Emirates business environment when companies wish to formally arrange and document the terms of a product demonstration. This document type is particularly relevant when significant resources, time, or technical setup is required for the demonstration, or when the demonstration involves proprietary technology or sensitive information. The LOI helps establish clear expectations, timelines, and responsibilities while protecting both parties' interests under UAE law. It typically precedes more formal agreements and helps demonstrate serious intent while maintaining flexibility. The document must comply with UAE federal laws governing commercial transactions and electronic commerce, particularly when dealing with technical products or services. While non-binding, it serves as an important step in the business relationship and can be crucial for internal approvals and resource allocation.
