“In business, by the time you realize you are in trouble, it is too late to save yourself…!” – Bill Gates, Co-Founder Microsoft.
Signing a contract is essential before starting any commercial dealing or relation including trading, employment, buying and selling of properties or any other substantial matter. The origin of contracts has deep rooted ties with trust issues, especially when it comes to business. The prime objective of a contract is to make it legally enforceable in case of breach of terms by either party. Even if you are a vigilant and wise businessman, it is not uncommon to have a situation where people just sign an important contract without even reading the whole content, only to face consequences on a later stage. The process of contract drafting/vetting requires a fair approach with due diligence and a thorough knowledge of the law. To avoid these side circumstances, it is always advisable to consult with an attorney before signing any contract to ensure that your interests are legally protected.
Contact us today and let our experts steer you in the right direction in the light of prevailing laws of the UAE so that you don’t have to face unfavorable situations.
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