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919
Penalty clause in service providing contract for delaying payments
Can we add a special clause for charging some additional amount to the clients after the delivery of our product/service for delayed payment, which exceeds the time specifically mentioned in service contracts?

Avrio Legal Group
9 Feb 2020, 19:43
Hi,
You are, in fact, allowed to implement a penalty for delayed payment. However, the penalty must be in accordance with the UAE Law.
In such a case, we suggest reviewing the agreement in order to determine the best method of implementing such a clause.
For further information, contact us at our email.

Al Maidoor Advocates & Legal Consultants
10 Feb 2020, 13:19
You can do this after the approval of the client, according to the general rule (contract governs the parties).
Regards,
Nahed Lawyer
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