The In- House Company FZE LLE (“THINC”, “we”, “us”, or “our”) is a limited liability establishment incorporated in the Fujairah Creative City Free Zone, holding License Number 12781/2018, with its registered office at Creative Tower, 18th Floor, Fujairah, United Arab Emirates. THINC is a UAE-based legal and business advisory firm with a network of associated legal advisers in various jurisdictions, including GCC countries, India, the United States, and the United Kingdom.
Our terms and conditions of business (T&Cs) contained herein apply to and govern the relationship between you and us.
These T&Cs may be amended or supplemented from time to time, and we will inform you of any changes in writing.
The scope of our engagement by you will be set out in our engagement letter (Engagement Letter or EL) and such EL may be further amended or supplemented with scope of work and fees, as required, for new assignments by email or by letter (Supplemental EL).
In the event of a conflict, the latest signed EL or Supplemental EL will prevail.
You may limit or expand the scope of our representation at any time, provided that any expansion of scope and associated fees must be by mutual consent and confirmed in writing.
You will ensure that we are informed without delay of facts and circumstances which may be relevant in connection with the proper performance of our services.
Unless otherwise agreed, we might engage associated firms and third parties where reasonably necessary to provide our services. We will seek your approval before incurring any related costs, except where urgent action is required to protect your interests or progress the engagement.
We are committed to complying with all applicable laws, regulations, and professional obligations in providing our services. Before accepting or continuing an engagement, we will assess whether any conflict of interest or other regulatory restriction prevents us from acting. If such a conflict arises, we may decline or cease to act where required.
We will protect your confidential information and will not act against your interests in any matter where doing so would breach our legal, regulatory, or confidentiality obligations to you.
In accordance with applicable anti-money laundering, counter-terrorist financing, sanctions, and other regulatory requirements, we may require you to provide such information and supporting documentation as we reasonably deem necessary to verify your identity, beneficial ownership, source of funds, and authority to engage our services.
You agree to provide any information or documents we reasonably request and to keep such information accurate and up to date throughout our engagement.
We may share information with regulators, service providers, financial institutions, or other third parties where required by law or reasonably necessary to comply with our regulatory obligations.
We will only accept funds from approved sources and may refuse or return payments that do not satisfy our compliance requirements.
You confirm that neither you nor, to your knowledge, any person acting on your behalf is involved in any unlawful activity, sanctions violation, money laundering, terrorist financing, or similar prohibited conduct.
If you fail to provide required information, if we cannot complete required compliance checks, or if we reasonably suspect a breach of applicable laws or regulations, we may decline to act, suspend our services, or terminate our engagement immediately.
We will protect your confidential information and will not act against your interests in any matter where doing so would breach our legal, regulatory, or confidentiality obligations to you.
Neither you nor we shall undertake any act that would cause the other party or its affiliates to be in violation of any anti-bribery and corruption laws and regulations and of any legislation or regulations of equivalent or similar nature in any other jurisdiction.
You agree to provide any information or documents we reasonably request and to keep such information accurate and up to date throughout our engagement.
We may share information with regulators, service providers, financial institutions, or other third parties where required by law or reasonably necessary to comply with our regulatory obligations.
We will only accept funds from approved sources and may refuse or return payments that do not satisfy our compliance requirements.
You confirm that neither you nor, to your knowledge, any person acting on your behalf is involved in any unlawful activity, sanctions violation, money laundering, terrorist financing, or similar prohibited conduct.
If you fail to provide required information, if we cannot complete required compliance checks, or if we reasonably suspect a breach of applicable laws or regulations, we may decline to act, suspend our services, or terminate our engagement immediately.
We will protect your confidential information and will not act against your interests in any matter where doing so would breach our legal, regulatory, or confidentiality obligations to you.
We may engage associated firms, external advisers, or third-party service providers where reasonably necessary to provide our services.
You authorize us to share the required personal data and confidential information with our associated firms, where reasonably necessary to provide the services
We will seek your approval before incurring any material third-party costs. In urgent circumstances, we may instruct such parties without prior approval and will notify you.
Third-party providers remain responsible for their own services and professional obligations.
No Third-Party Rights. Our engagement is solely for your benefit. No third party may rely on our advice, services, or work product without our prior written consent, and we accept no liability to any person other than our client in connection with the engagement.
You agree to provide any information or documents we reasonably request and to keep such information accurate and up to date throughout our engagement.
We may share information with regulators, service providers, financial institutions, or other third parties where required by law or reasonably necessary to comply with our regulatory obligations.
We will only accept funds from approved sources and may refuse or return payments that do not satisfy our compliance requirements.
You confirm that neither you nor, to your knowledge, any person acting on your behalf is involved in any unlawful activity, sanctions violation, money laundering, terrorist financing, or similar prohibited conduct.
If you fail to provide required information, if we cannot complete required compliance checks, or if we reasonably suspect a breach of applicable laws or regulations, we may decline to act, suspend our services, or terminate our engagement immediately.
We will protect your confidential information and will not act against your interests in any matter where doing so would breach our legal, regulatory, or confidentiality obligations to you.
Unless otherwise agreed, we may communicate with you by email and other electronic means. While we take reasonable measures to safeguard our communications, electronic communications may not be secure, error-free, or free from viruses or other harmful components. You are responsible for maintaining appropriate security measures for your own systems. To the fullest extent permitted by law, we are not liable for any loss, delay, interception, corruption, or damage arising from the use of electronic communications.
We may collect, use, store, disclose, and otherwise process personal data and confidential information as reasonably necessary to provide our services, comply with legal and regulatory obligations, administer our engagement, and protect our legitimate business interests.
We will take reasonable measures to protect confidential information and process personal data in accordance with applicable laws and professional obligations.
In providing our services, we may use technology platforms, and artificial intelligence tools. We will take reasonable steps to ensure that any such use is subject to appropriate confidentiality and security measures.
We may publish legal updates, articles, blogs, videos, and other marketing or educational content through our website, social media channels, and other communication platforms.
We will not disclose any information about you without obtaining your specific prior consent, other than in compliance with statutory requirements.
Neither of us may use nor reference the other´s name, logos, or trademarks without its prior written consent. Once we have obtained your prior consent, we are allowed to use your name publicly to identify you as a client in connection with specific services or otherwise.
This engagement will start upon acceptance and execution of the EL and shall continue until completion of the services or termination in accordance with these Terms.
You may terminate our engagement at any time by providing written notice. You will remain responsible for all fees, expenses, and disbursements incurred up to the date of termination, together with any reasonable costs associated with the matter.
We may suspend or terminate our engagement where permitted by applicable law, and our T&Cs, or where we have reasonable grounds to do so, including in the event of non-payment, a conflict of interest, or a failure to comply with our compliance requirements.
You are responsible for ensuring that the information and documents provided to us, whether by you or on your behalf, are accurate, complete, and up to date. You agree to notify us promptly of any changes to information or circumstances that may be relevant to our services.
Our advice, work, and other materials are provided solely for your benefit in connection with the relevant matter and may not be disclosed to or relied upon by any third party without our prior written consent.
Upon termination or completion of our engagement, we may return or make available to you copies of your documents. We may retain copies of our files and records in accordance with our legal, regulatory, and professional obligations.
Nothing in T&Cs shall restrict to use, retain, and develop the legal knowledge, precedents, templates, and know-how acquired in providing the legal service, provided that no confidential information related to the client is disclosed or identifiable.
The fees payable for our services shall be specified in the engagement letter and may be structured using one or more of the following arrangements:
Our fees are based on the agreed scope of work and the information available to us at the commencement of the engagement. Any work that falls outside the scope of work, including any additional advice, documentation, negotiations, meetings, regulatory matters, transactions, disputes or ancillary services, shall be considered additional work and will be charged at our prevailing standard hourly rates unless otherwise agreed in writing.
On time cost matters, we will keep a record of our time spent on each task.
All fees and estimates are exclusive of disbursements, out-of-pocket expenses, translation costs, government fees or charges, value added tax and other applicable taxes, if any.
Payment of our fees is due, without any deduction, discount, or debt settlement, on the due date indicated on the invoice (which is 7 days from the date of the invoice). Payments must be made by cheque or remitted to a bank account designated by us (as set out in our invoice).
The fees agreed shall be due and payable by you and payment will not be conditional on any factors such as completion of the assignment, success of the assignment or any other factors that may affect the continuity of this matter.
We reserve the right to charge interest up to 12% per annum, or such other percentage permitted by Dubai International Financial Centre (DIFC) law, for late payments of our invoices (pro-rated for the delay period).
All our invoices will be generated and sent electronically via email (without stamp and signature).
Our invoices must be settled along with the requisite bank charges in the billing currency. We reserve the right to recover any variance in payment or lost bank charges or any other such amounts.
Fees shall be invoiced in accordance with the payment schedule specified in the EL.
Unless otherwise stated in the relevant invoice, payment is due within seven (7) calendar days from the invoice date. All amounts shall be paid in full, without deduction, withholding, set off, and in the billing currency specified in the invoice. You shall be responsible for all bank charges, transfer fees and currency conversion costs associated with payment.
Our fees are not contingent upon the outcome, completion, success or commercial result of any matter, transaction, dispute, or assignment. Fees remain payable regardless of whether the matter proceeds, concludes successfully, abandoned, postponed, settled, or terminated.
Without prejudice to any other rights or remedies available to us, we may charge interest on overdue amounts from the due date until payment in full at the rate of twelve percent (12%) per annum.
If any invoice remains unpaid after its due date, we reserve the right, upon written notice, to suspend or cease providing Services until all outstanding amounts are paid in full. Such suspension shall not constitute a breach of our obligations, and we shall not be liable for any loss, damage, delay, missed deadline, or prejudice arising from such suspension.
Where we engage external counsel, consultants, experts, agents or other third-party advisers on your behalf, their fees and expenses shall be your responsibility. While we may assist with coordinating or supervising such advisers, we do not assume responsibility or liability for their acts, omissions, advice, services, or work unless otherwise agreed in writing.
In the event that we are required to appoint other professional advisers or external counsel on your behalf, we will, if needed, supervise, but will not be responsible for their work product or fees, unless agreed otherwise.
Our liability, if any, will always be limited to the total fees paid to us in respect of the relevant matter or assignment giving rise to the claim.
Neither you nor us shall be liable for breach of these T&Cs (other than payment obligations) arising from events beyond reasonable control, including acts of God, natural disasters, war, civil unrest, pandemics, epidemics, government actions, failures of telecommunications or technology systems, cyber incidents, or third-party service interruptions.
These T&Cs and any non-contractual obligation, dispute, or claim arising out of or in connection with them shall be governed by the laws of the Dubai International Financial Centre (DIFC). The courts of the DIFC shall have exclusive jurisdiction to settle any such dispute or claim.
