Purchase Order Accountant in United Arab Emirates Dubai –Free Word Template Download with AI

This Purchase Order is issued by Al Noor Financial Services LLC (hereinafter referred to as the "Buyer") to Emirates Professional Accounting & Advisory FZ-LLC (hereinafter referred to as the "Vendor") for the professional engagement of a qualified Accountant to provide comprehensive financial, accounting, and compliance services within the jurisdiction of United Arab Emirates Dubai. This Purchase Order governs the scope, deliverables, compensation, and terms under which the Accountant shall perform duties on behalf of the Buyer for the contract period specified herein.

1. Governing Law: This Purchase Order shall be governed by and construed in accordance with the laws of the United Arab Emirates, specifically the commercial laws applicable in the Emirate of Dubai. Any disputes arising from this Purchase Order shall be subject to the exclusive jurisdiction of the Dubai Courts or, at the Buyer's election, the Dubai International Financial Centre (DIFC) Courts.
2. Accountant Qualifications: The Accountant engaged under this Purchase Order must hold a valid professional qualification (ICAEW, ACCA, CPA, or equivalent) and possess a minimum of five (5) years of post-qualification experience in UAE corporate accounting. The Accountant must be legally permitted to work in United Arab Emirates Dubai and hold a valid UAE residence visa and work permit.
3. Compliance Obligations: The Accountant shall ensure full compliance with all applicable UAE regulations, including but not limited to: the UAE Federal Tax Authority VAT regulations, the UAE Corporate Tax Law, the Companies Law (Federal Law No. 32 of 2021), and any Dubai-specific municipal or free zone requirements. The Accountant shall maintain all books of account in accordance with International Financial Reporting Standards (IFRS) as adopted in the United Arab Emirates.
4. Payment Schedule: Payment for services rendered under this Purchase Order shall be made on a monthly basis within thirty (30) calendar days of receipt of a valid tax invoice from the Vendor. All payments shall be made in AED via bank transfer to the Vendor's designated account in a UAE-licensed bank. The Buyer reserves the right to withhold payment for any disputed line items pending resolution.
5. Confidentiality and Data Protection: The Accountant shall treat all financial records, client data, and proprietary information of the Buyer as strictly confidential. This obligation shall survive the termination of this Purchase Order for a period of three (3) years. The Accountant shall comply with the UAE Data Protection Law (Federal Decree-Law No. 45 of 2021) in handling all personal and corporate data within United Arab Emirates Dubai.
6. Termination: Either party may terminate this Purchase Order by providing sixty (60) days' written notice. In the event of material breach by the Accountant (including but not limited to professional negligence, fraud, or failure to meet statutory filing deadlines), the Buyer may terminate this Purchase Order immediately upon written notice without liability for remaining contract value.
7. Insurance and Indemnity: The Vendor shall maintain professional indemnity insurance with a minimum coverage of AED 2,000,000 for the duration of this Purchase Order. The Vendor shall indemnify and hold harmless the Buyer against any claims, losses, or penalties arising from the Accountant's professional negligence or non-compliance with UAE regulatory requirements.
8. Force Majeure: Neither party shall be liable for failure to perform obligations under this Purchase Order due to events beyond reasonable control, including but not limited to government-imposed restrictions in the United Arab Emirates, natural disasters, or pandemics, provided that the affected party notifies the other in writing within five (5) business days.
9. Amendments: Any amendment or modification to this Purchase Order must be made in writing and signed by authorized representatives of both parties. Verbal agreements or informal communications shall not constitute a valid amendment to this Purchase Order.

The Accountant shall commence services no later than 1 July 2025 at the Buyer's principal office located in Downtown Dubai, United Arab Emirates. All deliverables, including monthly management accounts, VAT filings, and annual financial statements, shall be submitted to the Buyer's Finance Director via secure electronic transfer no later than the deadlines specified in the service schedule attached as Annexure A to this Purchase Order. The Accountant shall be available for on-site attendance at the Dubai office a minimum of three (3) days per week, with the remaining days to be worked remotely at the Vendor's DIFC office.