Terms of Service

These terms of service (“Terms”) will apply to all instructions we receive to provide services unless we have agreed in writing to specific variations to them.

1. Definitions
• The term “we” refers to Prudenter Management Consultancies LLC, a company incorporated under the laws of the United Arab Emirates (UAE) with License Number 681782 issued by the Department of Economic Development and Tourism of the Emirate of Dubai (DED) to provide Corporate Services (CSP) and Management Consultancy services, with its registered address and place of business at Office 206, Makateb Building, Al Maktoum Road, Port Saeed, Dubai, United Arab Emirates (hereinafter referred to as “PMC”). The words “us” and “our” bear a corresponding meaning;
• the word “Client” means the party who or which instructs us, or on whose behalf we are instructed to provide services;
• reference to the singular includes the plural and vice versa and reference to the masculine includes the feminine and vice versa.

2. Contractual Position
These Terms govern the contractual relationship between the parties and set forth the terms under which we will perform services for the Client, as well as the basis for the determination of our charges. Together with any Letter of Engagement issued by us, if applicable, in connection with specific instructions (the “Letter of Engagement”), these Terms constitute the entire and exclusive agreement under which we provide services, superseding all prior understandings or agreements.
Each of us is an independent party, and nothing in these Terms shall be construed as establishing a partnership, joint venture, or other similar association between the parties. Where multiple parties of ours are instructed to act in respect of a particular matter for the Client, these Terms shall constitute separate agreements between the Client and each such party, provided that no party shall be liable for the acts, omissions, or defaults of any other party.
Any correspondence or communication issued in connection with the services provided by us, whether executed by a manager, partner, member, consultant, or employee of any of us, shall be deemed to have been issued on behalf of the party for whom such individual acts or is employed.
The current form of these Terms may be reviewed by the Client at any time on our website https://prudenter.ae/terms-of-service/
We reserve the right, at our sole discretion, to amend, modify, or supplement these Terms from time to time, including during the provision of services to the Client, without prior notice or consent of the Client. The Client shall be deemed to have accepted any such amendments upon notification in writing, and the Client shall be bound by such amended Terms. Continued use of our services following such amendments shall constitute tacit acceptance of the revised Terms. These Terms may not be amended, modified, or waived except in writing and shall not be subject to variation by course of conduct or oral agreement.
In the event that we provide services to the Client in respect of multiple matters, we shall not be obligated to resubmit these Terms for each new matter, unless otherwise expressly agreed in writing.

3. Liability of Client for Our Fees and Costs
Where the Client consists of more than one person, each such person agrees that it shall be jointly and severally liable for all the liabilities of the Client pursuant to these Terms. We shall, therefore, be entitled to recover the full amount of our fees and costs from any one or more such person. For the avoidance of doubt, this provision does not entitle us to double recovery.
Where we are instructed by or on behalf of a Client in its capacity as trustee of a trust, whether such capacity is expressed or not, the Client, in its own capacity, agrees to pay all our fees and costs not paid by it in its capacity as trustee.

4. Instructions
Instructions given by or on behalf of a Client may be accepted by any of us. We will be entitled to assume, unless and until advised to the contrary, that whoever gives us instructions has authority to do so.
We usually require a Client to give or confirm instructions to us in writing. Where we set out our understanding of the work that we are required to undertake, whether in a letter of engagement or in our preliminary advice or otherwise, the Client should contact us immediately should the Client disagree with our understanding.
We shall not be responsible for any loss or damage or costs or expenses that the Client may suffer or incur as a result of the inaccuracy or incomplete nature of instructions that the Client gives us or that are purportedly given by or on behalf of the Client.
Our services will be provided in the utmost good faith. All lawful and reasonable instructions will be carried out diligently, promptly and with reasonable skill and care.
In the event of a seriously disruptive event occurring at any of our offices or to our systems, we shall endeavor to restore our service as soon as possible. In such event there is likely to be some effect upon our service levels. We cannot accept responsibility for any delay caused by such disruption or for any other consequences beyond our reasonable control.

5. Our Services
PMC provides services such as entity formation, registered agent services, visa assistance, and the preparation of corporate and legal documents. In addition, PMC offers a wide range of professional services, such as Corporate Solutions, Business Consulting, Management Solutions, and Bespoke Solutions, tailored to meet specific individual or business needs.
The international taxation advice provided by PMC is general in nature and should be reviewed and confirmed by qualified professionals, such as legal counsel or tax advisors, in the relevant jurisdictions.
We are not a law firm, certified public accounting firm, financial planning firm or investment advisory firm and services rendered by us are not legal services, public accounting services, financial planning services, or investment advisory services.
Unless otherwise specified in writing, no written or oral opinion, advice, suggestion or comment given by any of us in relation to the laws of any jurisdiction, other than the United Arab Emirates or any matter, including without limitation any, auditing, insurance, management, valuation, marketing, auctioneering, estate agency, business, commerce, banking, finance or investment, may be relied on by the Client.

6. No Engagement Acceptance and Conflict of Interest
We reserve the unequivocal right to refuse acceptance of instructions in respect of any matter, or to discontinue our services, due to a conflict of interest or for any other reason, and our determination in this regard shall be final.
A “conflict of interest” shall be deemed to exist where our duties to act in the best interests of two or more clients, including former clients in certain circumstances, regarding the same or related matters, conflict, or where there is a significant risk that such duties may conflict; or where our duties to a client in relation to a specific matter conflict, or there is a significant risk that such duties may conflict with our own interests.
Notwithstanding the above, and subject to applicable laws and regulations, we may, in certain circumstances, act for the Client where a conflict of interest exists. In such cases, we shall notify the Client and seek explicit consent to proceed. Should consent be provided, we may continue to act despite the existence of such a conflict.
The Client further acknowledges that, in the absence of a conflict of interest, we may represent any individual or entity in any matter, including those adverse to the interests of the Client and/or any related parties. The Client expressly waives any right to request that we refrain from acting, or cease acting, in such circumstances.

7. No guarantee of Result
Client acknowledges that we cannot guarantee a particular result or outcome of the Client’s matter, although we may offer an opinion about the possible result or outcome. We accept no responsibility or liability in the event the outcome of the Client’s matter is different than any opinion we offered about the possible result or outcome.

8. Client Due Diligence, Anti-Money Laundering and Financing of Terrorism Procedure
We are committed to combatting money laundering and the financing of terrorism and apply certain measures designed to combat money laundering and the financing of terrorism. These measures include, but are not limited to, client identification procedures. Prior to the acceptance of instructions, or during the course of a matter, we will ask the Client to provide appropriate information and evidence to confirm the Client’s identity including, if applicable, the identity of anyone on whose behalf the Client is acting, whether as introducer, intermediary, trustee or otherwise. If the Client is a corporate or other entity we may also seek evidence as to the identity of the beneficial owner(s) and controller(s) of the entity. We may also seek information about other matters including source of funds.
The Client is required to immediately notify us of any material changes in the beneficial ownership or control of the Client, of any change in its operational activities, and of any change in the usual residential, business, correspondence or email addresses, or in contact telephone or facsimile numbers of any of the directors, shareholders or general partner(s) of the Client.
Where there is a material change in the beneficial ownership or control of the Client, the Client will provide us with such additional information as we may reasonably require in order for us to meet our obligations.
If we are not provided with such information as we reasonably require to enable us to meet our obligations, we may decline the instructions, cease to act for the Client pending provision of such information or terminate our contract with the Client.
Client acknowledges and confirms that all funds with which our fees and costs are paid are derived exclusively from legitimate sources or enterprises or activities, and that the funds were not derived in whole or in part, directly or indirectly from any illegal or illicit enterprise or activity, or derived from any otherwise legal and legitimate investment, account or activities into which such illegal or illicit proceeds were deposited or invested.

9. Bribery and Corruption
We are committed to acting professionally, fairly and with integrity in all our business dealings and relationships and we do not tolerate bribery and corruption of any sort.
Where we are aware of or suspect the occurrence of any bribery or corruption in connection with the Client or any matter on which we act for the Client, we may decline the Client’s instructions or terminate our contract with the Client at our discretion.

10. Data Protection and Confidentiality
We shall not use any personal data or privileged or confidential information relating to the Client or to any matter handled by us on the Client’s behalf (“Information”), unless and except if (a) it is for the purposes of performing our obligations under these Terms, (b) such use is permitted under these Terms, (c) we otherwise have the Client’s prior written consent to do so, (d) we consider it appropriate in the proper conduct of the matter, (e) such Information is already in the public domain, or (f) we are required or permitted to do so by law, or by a governmental, judicial, or regulatory authority.
We may collect, use and process Information for or in connection with, amongst other things (i) the provision of our services to the Client and any purpose ancillary to the provision of our services, including, without limitation, performing appropriate anti-money laundering and/or financing of terrorism procedures, undertaking conflict of interest checks, archiving, client and matter management, and/or (ii) otherwise in connection with our business, including, without limitation in connection with marketing, business development, know how, credit control and debt management, analysis of our business and generation of internal reports and accounts and assessment of legal and financial risks to our business.
We may disclose Information to (i) our associated offices in other jurisdictions, which may be an entity that is distinct from the entity which the Client has instructed, (ii) credit reference or fraud prevention agencies, which may retain a record of the Information disclosed to it, (iii) other professional advisers instructed by or on behalf of the Client, (iv) service providers that provide services to us, including, without limitation, our insurers, auditors and advisers and providers of telecommunications and computing facilities, (v) individuals within the Client’s organization, and members of the Client’s group, if any, and (vi) to third parties for marketing purposes and/or business development purposes where specifically permitted under these Terms or where the Client has provided prior written authorization for such disclosure. We shall not, however, disclose personal data to any third party or allow any third party to use such data other than pursuant to the conditions stated in this clause.
Prior to disclosing or authorizing the disclosure of any Information to us, the Client shall ensure that it has a lawful basis to make or authorize such disclosure to us. For the purposes of this clause, “lawful basis” may include, amongst other things, but is not limited to obtaining all and any necessary consents in order to enable the lawful processing of the personal data, and for ensuring that a record of any such consents is maintained. Should any relevant consent be revoked by a data subject (a) the Client shall promptly communicate the fact of such revocation to us, and (b) we shall not be liable for any additional costs, claims or expenses arising from any disruption or delay to any of our services as a result of the withdrawal of such consent.
The Client shall comply in all respects with all the Data Protection Laws which are applicable to it in performing its obligations under or pursuant to these Terms and in connection with the work we undertake for the Client and shall, in particular, and shall ensure that its directors, employees, agents and affiliates shall, (a) comply with applicable Data Protection Laws in relation to any personal data that is processed by us in connection with the work we undertake for the Client, and (b) where required, bring the Privacy Policy to the attention of any data subjects on whose behalf or account the Client may act or whose personal data will be disclosed to any person by virtue of the work we undertake for the Client, including any of the Client’s directors, employees, agents, affiliates, advisers, representatives, office holders, or beneficial owners.
We reserve the right, to be exercised by us in our absolute discretion, not to disclose to the Client any Information relating to any person other than the Client that we receive.
From time to time we may wish to refer to the Client as our client in publications or other marketing material. We may also wish to refer to matters on which we have acted for the Client where we reasonably consider that such matters are in the public domain or are otherwise not of a confidential nature. Unless the Client advises us otherwise in writing, either generally or in relation to any particular matter, the Client consents to this.

11. People
One of our professionals will always be in overall charge of the Client’s matter, and the Client will be informed of the identity of the professional responsible for Client’s matter. Work may be entrusted to another of our professionals or to one or more members of staff in order to ensure that it is dealt with more expertly, efficiently or economically, or as a result of our business requirements or staff absences. We try to maintain continuity in respect of the persons dealing with the work, but if we consider it appropriate to change, or cannot reasonably avoid changing, the people involved, we reserve the right to do so and shall notify the Client promptly of such change.

12. Selection, Recommendation and/or Engagement of Professional Persons
If we are responsible for the selection and engagement of counsel, experts, agents, lawyers, accountants, tax advisors or other professional persons to provide advice or assistance, or to act on the Client’s behalf, such counsel, experts, agents, lawyers or other persons will be engaged directly by the Client, unless otherwise agreed in writing, and the Client will be responsible for their charges, in addition to our own. We shall not be responsible for any act or omission of such counsel, experts, agents, lawyers, accountants, tax advisors or other persons.
In the event we recommend any third party, we assume no responsibility or liability for any act or omission of said third party and we are not responsible for refunding or otherwise financially compensating Client for any fees, damages, losses, or other financial harm suffered by the Client as a result of doing business with the third party.

13. Communication and Progress Reports
Our performance of our services is dependent upon the Client providing us with such information and assistance as we may reasonably require from time to time. The Client is responsible for providing in good time any instructions that we may need in order to progress the matter.
The Client must, therefore, notify us immediately of any change of contact details, any change in circumstances that may affect the matter or any material change in its instructions to us.
Unless the Client notifies us to the contrary, we assume that the Client consents to communication by telephone, post, facsimile and e-mail between us and the Client and between us and third-parties. We shall not, however, be liable for (i) any delay, misdirection, interception, corruption, loss or failure, or for any unauthorized redirection, copying or reading, of any communication sent by mail, facsimile or e- mail or (ii) the effect on any computer system of any e-mail or e-mail attachment or virus that may be transmitted by us.
We may monitor all e-mails sent to or from us for compliance with our internal policies and to protect our business. Anything sent by e-mail which does not relate to our official business is neither given nor endorsed by us.
If the Client so requests, we shall agree with the Client the manner in which we shall report on the progress of the matter. In addition, the Client will be entitled to a progress report from the professional in charge of the matter reasonably promptly following a request in that regard.

14. Basis of Charges
The fees that apply to our work are determined in the first instance by reference to hourly rates, scale fees or agreed levels of fees. Our people will undertake services for the Client at hourly rates appropriate to their level of experience and seniority. Details of hourly rates for all staff are available on request. In respect of work of unusual complexity, urgency or importance, or requiring exceptional attendance, or involving high monetary values, we reserve the right to increase the hourly rate to allow for these factors. We also reserve the right to make a charge in respect of secretarial and other support services required at levels that we assess to be out of the ordinary, or provided outside normal office hours.
In the United Arab Emirates, a Value Added Tax (“VAT”), currently at a rate of 5%, is payable on services rendered to resident individuals and entities and this will be shown on any invoice issued by us if applicable. We reserve the right to seek reimbursement from the Client of any VAT which we are required to pay in circumstances where we have issued an invoice free of VAT to the Client.
We shall, on request, provide an estimate of our likely fees and costs in any matter. Estimates are always provided on the strict understanding that they are subject to revision and do not constitute a commitment by us to carry out the work at the estimated fee. Where fee quotations are provided, these constitute a proposal by us to carry out specified work for a stated fee. The fee quotation will detail the specified work and any assumptions or bases on which the quotation is provided. If we are requested or required to carry out additional work as a consequence of circumstances not disclosed to us or not foreseen by the Client or us, then we shall be entitled to raise an additional fee for such work at our then-applicable standard hourly rates.
Certain work is conducted at scale or fixed fees, details of which we shall provide to the Client where appropriate.
The Client will also pay any costs incurred on the Client’s behalf including, but not limited to, counsels’ fees, experts’ and agents’ fees, lawyers’ fees, accounts’ fees, tax advisors’ fees, notaries’ fees, filing fees, regulatory or other charges, court fees, stamp duties, search fees (including court searches, searches of company registers), postage costs, printing and photocopying charges, bank charges, courier fees, third party accounts, transcription costs, travelling, subsistence and accommodation costs, parking costs or whatever other fees, costs or charges may be incurred in the conduct of the matter. Costs may be invoiced as they arise or may be invoiced after a fee has been rendered. Where significant or unusual payments to third parties are required, we will normally forward the charge to the Client for direct payment or obtain a payment on account from the Client to cover the charge. If we advance funds on the Client’s behalf they will be added to our invoice.
The Client may at any time enquire about the fees incurred to the date of the enquiry and we shall provide this information to the Client promptly.
In December of each year, we review our hourly rates. We shall notify the Client in writing of any changed rate before that change takes effect or promptly after such change.

15. Payments
We may render invoices for work done and costs as and when we regard it appropriate. Invoices are usually rendered on a monthly basis for longer-term projects. Invoices may not include some costs falling within the period of the invoice but which are notified to us late. Any such cost will be included in a subsequent invoice. Payment of fees and costs is due upon presentation of our invoice, unless we shall have otherwise agreed in writing. Any funds received from the Client will be applied in settlement of our outstanding invoices in date order.
We reserve the right to recover from the Client any currency exchange losses we may incur in the event that payment is not made when due in accordance with these Terms.
We may require the Client to make an initial payment to us on account of our fees and costs for work that we have been instructed to undertake. As the matter proceeds, we may request further payments on account in order to ensure that at all times we maintain a sufficient funds to cover our anticipated work to be done and our work carried out, but not as yet billed. Any unused funds we have on account for a Client will be forfeited by the Client 1-year from the date we last performed a service for the Client.
Fees paid to us on a scale or fixed fee basis are earned upon receipt and are non-refundable, unless specified otherwise in writing. Client agrees that in the event we are required by law, a court or tribunal of competent jurisdiction, or determine ourselves for whatever reason, to return any portion of a scale or fixed fee to the Client, that the principles of Quantum Meruit shall apply, and that the amount to be returned to the Client is limited to the scale or fixed fee paid by the client after deducting the higher of (a) the number of hours we worked on the matter charged at our standard hourly rates, or (b) the percentage of work completed in relation to the matter’s entire scope of work.
We reserve the right to settle any unpaid invoice out of funds held by us or by charging any credit card we have on file for the Client. We shall not exercise this right if, within 10 days, the Client (a) notifies us in writing that our invoice is disputed, (b) informs us of the grounds of dispute, and (c) identifies what part or parts of the invoice are disputed. We reserve the right to settle any undisputed part of the invoice out of the funds held by us or by charging any credit card we have on file for the Client.
The Client will be responsible for the settlement of our fees and costs unless we have waived the liability in writing. No (a) agreement by us to invoice or send the invoice to a third party, or (b) acceptance by us that a third party has agreed to pay the fees and costs, or (c) acceptance that the Client is insured shall be construed as a waiver of the Client’s primary responsibility to settle our fees and costs.
If the Client fails to make payments on account as we request, or fails to pay our fees and/or costs as they fall due, we may cease to act for the Client pending payment in full of all such amounts or terminate our contract with the Client.
Should the Client wish to transfer funds to us this may be done by telegraphic transfer (at all times quoting the matter and, if applicable, the invoice number). We will supply details of our account on request. The Client is requested to notify our Client Relations staff when sending funds by telegraphic transfer so that our Finance Department can be informed. If funds are sent in a currency other than the agreed to currency, or if no currency was agreed, United States Dollars, or sent to an account denominated in a currency other than the agreed to currency, or if no currency was agreed, United States Dollars, we reserve the right to convert the funds to those currencies respectively, unless other arrangements have been agreed, and to recover any bank charges so incurred from the Client. We accept no responsibility for our inability appropriately to allocate funds received without clear notification of the matter or invoice number (if any) in respect of which the payment is made.

16. Clients Funds
Any monies retained in our account, whether held (a) on account of our fees or costs, (b), or howsoever otherwise held, are or will be placed with a licensed banking institution in the jurisdiction in which such banking institution is located.

17. Deduction of Amounts Due
In addition to payments received on account, whenever we hold funds that are due to the Client in any matter, we reserve the right, to deduct amounts due to us relating to that matter or to any other of the Client’s matters out of such funds.

18. Interest of Late Payment
Our invoices are payable upon presentation. We reserve the right to charge interest on unpaid invoices, such interest to be compounded quarterly from the date of the invoice to the date of payment, accrued daily at the highest rate allowable under the laws of the jurisdiction governing the one of us who issued the invoice.

19. Limitation of Our Liability to the Client and Other Persons
Our aggregate liability in contract or tort, including negligence, or under statute or otherwise, for any loss, including direct loss and indirect or consequential loss and including loss of business or profits, liability or damage suffered by the Client or any other person that may arise from or in connection with our services, shall be limited to the total amount of fees paid to the liable one of us by the Client for our services performed in connection with the matter in which the liability arose. This shall be the exclusive remedy.
Neither the Client nor any other person is permitted to bring any claim in respect of any loss, including direct loss and indirect or consequential loss and including loss of business or profits, liability or damage arising from or in connection with our services against any of our employees or any of our members, partners, consultants, or shareholders, or any of our managers, directors, or officers even where any such person has been negligent.
Any claim made by the Client or any other person in respect of any loss, including direct loss and indirect or consequential loss and including loss of business or profits, liability or damage arising from or in connection with our services, whether in contract or tort, including negligence, or under statute or otherwise, must be made:
a. where those services have been delivered, within three years of the date on performed; and
b. if those services have been terminated, within three years of the date of termination (subject to (a) above); and
c. in either of these cases that shall be the date when the earliest cause of action, in contract or tort, including negligence, or under statute or otherwise, shall be deemed to have accrued in respect of the relevant claim. A claim shall be made when court or other dispute resolution proceedings are served on us.
Nothing in these Terms shall limit or exclude any liability that cannot lawfully be limited or excluded, including, liability for fraud or fraudulent misrepresentation.

20. Disagreements in Relation to Our Fees and Complaints
In the event of a bona fide (a) dispute concerning our fees and/or costs or (b) complaint about our services, we shall try to resolve such dispute or complaint with the Client to the satisfaction of both parties. The Client should inform the professional in charge of the matter of details of the Client’s grounds for disputing the fees raised or costs incurred or setting out the nature of the complaint. We shall make every effort to deal with such dispute or complaint promptly. If such dispute or complaint cannot be resolved within a reasonable period with such partner, the Client should contact PMC Owner.

21. Privacy, Copyright and Indemnity
Any advice, memorandum, or report that we provide to the Client is so provided solely in the context of the instruction received from the Client and solely for the Client’s use. The Client shall not rely on any such advice, memorandum, or report in any other context and shall not make such advice, memorandum, or report available to any third party without our prior written consent. We assume no responsibility and accept no liability in respect of any claim by any third party who or which may act or purportedly act in reliance upon such advice, memorandum or report, unless we have expressly agreed in writing with such third party that we assume responsibility.
We expressly reserve copyright/intellectual property rights in any documentation, drafting or advice provided to the Client. Documentation, drafting and advice that we provide is only to be used by the Client for the specific purpose for which it was provided. The Client shall not, without our prior written consent, use such documentation, drafting or advice in any way for any other purpose, neither shall the Client duplicate, amend, vary or adapt the documentation or drafting in any way or allow any third party so to use the documentation or drafting, except as we shall otherwise agree in writing.
To the maximum extent permitted by law, the Client hereby undertakes to hold us harmless and to fully and effectively indemnify us and keep us indemnified against all actions, proceedings, claims, demands, damages, costs and other liabilities arising out of or in connection with any breach by the Client of the foregoing.

22. Termination and/or Cessation
We expect to continue providing services for any matter on which we have accepted instructions until such matter is concluded.
However, the Client may terminate the engagement at any time by providing written notice to us. Similarly, we reserve the absolute right to terminate this agreement at any time, at our sole discretion, by providing written notice to the Client. Such termination may be effected with or without cause, and with or without prior notice, should we, in our sole discretion, determine it necessary, including, but not limited to, the occurrence of a conflict of interest, failure by the Client to meet obligations, or any other reason deemed sufficient by us. We shall have no liability for any consequences arising from such termination.
In the event that we cease to act for the Client, whether upon termination of the contract by either party or for any other reason, and subject to any applicable laws or regulations, (a) our duty of care, if any, to the Client under the terms of our contract or any other applicable law shall terminate, (b) we shall be entitled to recover all fees and costs incurred up to and following the cessation date, including but not limited to any fees and costs associated with concluding the matter or transferring the Client’s files to another advisor, and (c) we shall not be held liable or responsible for any consequences arising from such cessation.

23. Severance
In the event that any provision of these Terms is deemed to be prohibited or unenforceable under the laws of any jurisdiction, such provision shall, with respect to that jurisdiction, be rendered void to the extent of the prohibition or unenforceability, without affecting the validity, legality, or enforceability of the remaining provisions of these Terms. Furthermore, the invalidity or unenforceability of any such provision in one jurisdiction shall not impact the validity or enforceability of that provision in any other jurisdiction.

24. Retentions of Documents
We shall be entitled to retain all documentation which has come into existence during the continuance of any matter on which we have accepted instructions, including following termination of the same, until payment in full of all fees and costs.
Subject to payment in full of all fees and costs, we will, on the Client’s request, provide originals, or, if so requested and on payment of a fee, copies, of any documentation belonging to the Client that we are holding or have under our control.
Subject to the other provisions of this clause, all Client documentation, whether in physical form or electronic format, will be retained and disposed of in compliance with our policy in effect from time to time. Subject to future changes, it is our current policy that we shall retain the Client’s documents for a minimum of 6 years. For documentation that does not, in our view, need to be retained in physical form we will retain only electronic copies.
Notwithstanding our agreement to retain documentation set out in the preceding paragraph, whether during or after any matter on which we accept instructions, we will not be liable for any loss, destruction or damage of or to such documents or files howsoever caused.

25. Future Developments and Factual Matters
Unless otherwise agreed by us, we shall be under no obligation to advise the Client or undertake any investigations as to any developments or factual matters that might affect the Client’s affairs generally or, after completion of any matter on which we accept instructions, any developments or factual matters related to or that might affect that matter.

26. Governing Law and Jurisdiction
These Terms shall be governed by and construed in accordance with the laws of the United Arab Emirates. The Client irrevocably agrees to submit to the exclusive jurisdiction of the courts of Dubai, United Arab Emirates, for the resolution of any dispute arising out of or in connection with these Terms and the services provided by PMC.
Notwithstanding the foregoing, PMC reserves the unequivocal right to initiate proceedings before the courts of the Client’s domicile or any other competent jurisdiction, at its sole discretion, should it choose not to invoke the jurisdictional clause specified in the preceding paragraph.
By agreeing to these Terms, the Client acknowledges and irrevocably accepts that it shall be bound by and fully consents to the jurisdiction selected by PMC, regardless of the location of such jurisdiction.