Effective Date: [27 September 2024]

These Terms and Conditions (“Agreement”) govern the provision of services by Ample Inc. (“Company”, “we”, “us”, or “our”) to its clients (“Client”, “you”, or “your”). By engaging Ample Inc. for accounting, bookkeeping, VAT services, or corporate tax solutions, you agree to comply with and be bound by the terms of this Agreement.

1. Services Overview

Ample Inc. provides professional accounting, bookkeeping, VAT compliance, and corporate tax services in accordance with the laws and regulations of the United Arab Emirates (“UAE”). Our services include, but are not limited to:
– Bookkeeping and financial record maintenance.
– Preparation and submission of VAT returns in compliance with UAE Federal Tax Authority (FTA) requirements.
– Corporate tax advisory and filing, in accordance with UAE corporate tax laws and international standards.
– Financial consultancy and ongoing accounting support for businesses.

2. Client Obligations

You agree to:
– Provide accurate, complete, and timely financial information, records, and documentation necessary for the fulfillment of our services.
– Comply with all applicable UAE laws, including the UAE Federal Tax Authority regulations, and provide full disclosure of all tax-related matters.
– Ensure that you have the appropriate legal authority to engage our services and submit the required information for tax filings, bookkeeping, and other financial obligations.
– Inform us of any changes in your business operations, structure, or financial information that may affect our services.

3. Confidentiality

We are committed to maintaining the confidentiality of all information provided by you during the course of our services. However, you acknowledge and consent that certain information may need to be disclosed to UAE government authorities, including but not limited to the Federal Tax Authority, where legally required.
We will take reasonable measures to protect your confidential information, including but not limited to, using industry-standard security measures.

4. Fees and Payment Terms

– Our fees for services will be agreed upon in writing, either through a formal contract or engagement letter.
– Payment for services is due within [insert payment period] from the invoice date. Late payments may be subject to penalties or interest as permitted under UAE law.
– All fees quoted are exclusive of VAT, which will be applied as per the UAE VAT Law.
– Ample Inc. reserves the right to suspend or terminate services if payment is not received in accordance with the agreed-upon terms.

5. Limitation of Liability

– Ample Inc. will provide its services with reasonable care, skill, and professionalism. However, we are not responsible for any errors or delays caused by incomplete, incorrect, or untimely information provided by you.
– We are not liable for any fines, penalties, or other legal consequences arising from non-compliance with UAE tax laws or other regulatory obligations if such non-compliance is due to your failure to provide accurate and timely information.
– Our liability for any claims arising from the performance of our services is limited to the fees paid for the services provided.

6. Indemnity

You agree to indemnify and hold Ample Inc., its directors, officers, employees, and agents harmless from any claims, damages, liabilities, or expenses arising out of your failure to provide accurate, complete, or timely information or your non-compliance with UAE laws, including tax and regulatory requirements.

7. Termination of Services

– Either party may terminate this Agreement by providing [insert notice period] written notice.
– Upon termination, you agree to settle all outstanding fees for services rendered up to the date of termination.
– Ample Inc. reserves the right to terminate services without notice in the event of non-payment or if you are found to be in breach of UAE laws or regulations.

8. Compliance with UAE Law

This Agreement is governed by the laws and regulations of the United Arab Emirates, including but not limited to:
– UAE Federal Law No. (7) of 2017 on Tax Procedures.
– UAE VAT Law (Federal Decree-Law No. (8) of 2017).
– UAE Corporate Tax Law (Federal Decree-Law No. (47) of 2022).
By using our services, you acknowledge and agree to comply with all applicable UAE laws and regulations. Any disputes arising under this Agreement shall be resolved in accordance with the laws of the UAE and subject to the exclusive jurisdiction of the UAE courts.

9. Force Majeure

Ample Inc. shall not be held liable for any failure to perform its obligations under this Agreement if such failure is caused by events beyond our reasonable control, including but not limited to natural disasters, government regulations, strikes, or any other unforeseen circumstances that may affect the provision of our services.

10. Amendments

Ample Inc. reserves the right to amend or update these Terms and Conditions at any time to reflect changes in UAE law or internal policies. Any amendments will be communicated to you in writing and will take effect from the date specified in the notice.

11. Dispute Resolution

In the event of a dispute between the parties, both parties agree to attempt to resolve the dispute amicably through negotiation. If an amicable resolution cannot be reached, the dispute shall be referred to the UAE courts for resolution in accordance with UAE law.

12. Contact Information

If you have any questions or concerns regarding these Terms and Conditions, or require assistance with our services, please contact us at:
Ample Inc.
Email: info@ample.ae
Phone: +971-52-5622692
               +971-52-9564658