tiktok³ÉÈË°æ

All Countries
Corporate Governance
Intercompany Cost Sharing Agreement

Intercompany Cost Sharing 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 Intercompany Cost Sharing 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:

Intercompany Cost Sharing Agreement Template

"I need an Intercompany Cost Sharing Agreement Template for a UAE-based technology group with one parent company and five subsidiaries, focusing on shared IT infrastructure costs and including specific provisions for intellectual property rights."

Celebrated by
Collaborations with
Investors
Document background
The Intercompany Cost Sharing Agreement Template is essential for UAE corporate groups seeking to establish formal arrangements for sharing costs among related entities. This document becomes necessary when multiple group entities share resources, services, or facilities and need a structured framework for cost allocation. It is particularly relevant in light of UAE's corporate tax implementation and transfer pricing requirements. The template ensures compliance with UAE Federal Law No. 32 of 2021 (Commercial Companies Law) and Federal Decree-Law No. 47 of 2022 on Taxation of Corporations and Businesses. It includes comprehensive provisions for cost pool definition, allocation methodologies, governance structures, and compliance requirements, making it suitable for both domestic and international group structures operating in the UAE.
Suggested Sections

1. Parties: Identification of all participating group entities, including registration details and addresses

2. Background: Context of the agreement, group structure, and purpose of the cost sharing arrangement

3. Definitions and Interpretation: Definitions of key terms and interpretation rules for the agreement

4. Scope of Agreement: Overview of services and costs covered under the arrangement

5. Cost Pool Definition: Detailed description of costs to be shared and excluded costs

6. Allocation Methodology: Formula and principles for allocating costs among participants

7. Billing and Payment Terms: Procedures for invoicing, payment timing, and currency considerations

8. Books and Records: Requirements for maintaining proper documentation and accounting records

9. Tax Compliance: Provisions ensuring compliance with UAE tax laws and VAT requirements

10. Governance: Management structure and decision-making processes for the arrangement

11. Term and Termination: Duration of agreement and circumstances for termination

12. Confidentiality: Protection of confidential information shared under the agreement

13. Dispute Resolution: Procedures for resolving disputes under UAE law

14. General Provisions: Standard legal provisions including notices, amendments, and governing law

Optional Sections

1. Intellectual Property Rights: Required when shared costs include IP development or usage

2. Employee Secondment: Include when arrangement involves sharing of employee resources

3. Insurance Requirements: Needed when shared activities require specific insurance coverage

4. Competition Law Compliance: Required for arrangements that might impact market competition

5. Force Majeure: Optional protection against unforeseen circumstances

6. Step-in Rights: Include when certain parties need rights to take over others' obligations

7. Third Party Rights: Required when arrangement affects rights of external parties

Suggested Schedules

1. Schedule 1 - Participating Entities: Complete list of participating entities and their details

2. Schedule 2 - Covered Services: Detailed description of services included in cost sharing

3. Schedule 3 - Allocation Keys: Specific allocation percentages and calculation methodologies

4. Schedule 4 - Cost Categories: Detailed breakdown of cost categories and subcategories

5. Schedule 5 - Service Levels: Performance standards for shared services if applicable

6. Schedule 6 - Billing Procedures: Detailed procedures for cost calculation and billing

7. Schedule 7 - Governance Procedures: Detailed procedures for oversight and decision-making

8. Appendix A - Form of Accession Deed: Template for new entities joining the arrangement

9. Appendix B - Form of Withdrawal Deed: Template for entities leaving the arrangement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions









































Clauses



































Relevant Industries

Financial Services

Manufacturing

Technology

Retail

Healthcare

Energy

Transportation and Logistics

Professional Services

Real Estate

Construction

Telecommunications

Hospitality

Consumer Goods

Media and Entertainment

Relevant Teams

Legal

Finance

Tax

Compliance

Treasury

Corporate Development

Internal Audit

Risk Management

Accounting

Operations

Shared Services

Relevant Roles

Chief Financial Officer

Finance Director

Group Financial Controller

Tax Director

Legal Counsel

Compliance Officer

Group Accountant

Financial Planning Manager

Treasury Manager

Corporate Controller

Managing Director

Operations Director

Shared Services Manager

Risk Manager

Internal Audit Manager

Industries








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

Tax Sharing Agreement

find out more

Intercompany Cost Sharing Agreement

find out more

Simple Cost Sharing Agreement

find out more

Cost Allocation Agreement

UAE-governed agreement establishing cost allocation framework between related entities, ensuring compliance with local tax and economic regulations.

find out more

Tax Sharing Agreement

UAE-governed agreement establishing tax sharing arrangements between group entities, addressing corporate tax and VAT obligations under UAE law.

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: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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 for more details and real-time security updates.

Read our Privacy Policy.