Quotation Format for Legal Services in UAE – Legis Vista

In the United Arab Emirates, transparency and professionalism are crucial when offering legal services. A quotation format for legal services ensures that clients clearly understand the scope of work, pricing structure, and terms before engaging with a law firm. At Legis Vista, we provide tailored legal support, and a well-structured quotation is the first step toward building trust with clients.

Importance of a Legal Services Quotation

Transparency – Clients know exactly what they are paying for.

Professionalism – A formal quotation reflects the credibility of the law firm.

Legal Clarity – Avoids future disputes by setting clear terms.

Client Confidence – Clients feel secure when fees and scope are documented.

Key Elements of a Quotation Format

A standard legal services quotation in Abu Dhabi or across the UAE should include:

Law Firm Details – Name, address, license number, and contact details.

Client Information – Full name, address, and case reference.

Scope of Services – Clearly define services (e.g., contract drafting, litigation, arbitration).

Fee Structure – Hourly rates, fixed fees, or retainer fees.

Timeline – Expected duration for completion of services.

Payment Terms – Mode of payment, advance required, and schedule.

Additional Costs – Court fees, government charges, and translation costs.

Validity of Quotation – Typically valid for 30 days.

Benefits for Clients and Firms

Encourages clear communication.

Reduces misunderstandings.

Helps businesses budget legal expenses effectively.

FAQs

1. Why is a legal services quotation important in UAE?
It ensures transparency, defines scope, and prevents disputes between clients and law firms.

2. Can legal fees be negotiated in Abu Dhabi?
Yes, depending on the complexity of the case, many law firms offer flexible fee structures.

3. Does Legis Vista provide fixed-fee services?
Yes, we offer both fixed and hourly-based fee models depending on client requirements.

4. Are additional government or court fees included in the quotation?
Usually, such fees are listed separately to maintain clarity.

5. Can a quotation serve as a legal agreement?
A quotation itself is not binding but, once accepted, it forms the basis of a service agreement.

2. UAE Commercial Companies Law – Legis Vista

The UAE Commercial Companies Law (CCL) is the backbone of corporate governance in the country. It regulates how businesses are formed, managed, and dissolved in the UAE, ensuring transparency and protecting the interests of shareholders and stakeholders.

Overview of the UAE Commercial Companies Law

The latest version of the law is Federal Decree-Law No. 32 of 2021, which introduced reforms to enhance competitiveness and attract foreign investment. It applies to most companies operating in the UAE, except those established in free zones that have their own regulations.

Key Provisions of the Law

Company Formation – Outlines procedures for setting up Limited Liability Companies (LLCs), Public Joint Stock Companies (PJSCs), and Private Joint Stock Companies.

Shareholding Structure – Allows 100% foreign ownership in certain sectors, reducing the need for local sponsorship.

Corporate Governance – Ensures transparency in decision-making, annual audits, and shareholder rights.

Mergers and Acquisitions – Provides a clear legal framework for restructuring and consolidations.

Liquidation and Dissolution – Defines processes for closing down companies lawfully.

Penalties – Imposes fines and restrictions for non-compliance.

Importance for Investors in Abu Dhabi

Encourages foreign direct investment.

Builds investor confidence through structured legal processes.

Ensures companies follow ethical and transparent practices.

Provides legal protection for minority shareholders.

Role of Legis Vista in Compliance

At Legis Vista, we help businesses in Abu Dhabi and across the UAE by:

Advising on company formation under CCL.

Drafting Articles of Association and Memoranda.

Ensuring corporate governance compliance.

Assisting in mergers, acquisitions, and restructuring.

Handling liquidation procedures in accordance with UAE law.

FAQs

1. What is the UAE Commercial Companies Law?
It is the federal legislation that governs company formation, management, and dissolution in the UAE.

2. Can foreign investors own 100% of a company in Abu Dhabi?
Yes, under the new law, 100% foreign ownership is allowed in several sectors, subject to approval.

3. Do free zone companies fall under the UAE Commercial Companies Law?
No, free zones have their own rules, but CCL applies to mainland companies.

4. What happens if a company does not comply with the law?
Non-compliance may lead to fines, penalties, or even suspension of business operations.

5. How can Legis Vista assist businesses with CCL compliance?
We provide legal consultancy, draft corporate documents, and guide investors through all regulatory requirements.