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Employee Retention Credit Engagement Letter
"Need an Employee Retention Credit Engagement Letter for our manufacturing company with 250 employees, including success-based fee structure and specific provisions for handling multiple subsidiary companies across different UK regions, to be effective from March 2025."
1. Service Provider Information: Details of the professional firm providing ERC services, including contact information and professional credentials
2. Client Information: Complete details of the client engaging the services, including business name, address, and contact information
3. Scope of Services: Detailed description of ERC services to be provided, including claim preparation, documentation review, and submission assistance
4. Fee Structure: Comprehensive outline of fees, payment terms, contingency arrangements if applicable, and billing procedures
5. Client Responsibilities: Specific obligations of the client including providing accurate information, required documentation, and timely responses
6. Confidentiality and Data Protection: Terms regarding handling of confidential information and compliance with UK GDPR and Data Protection Act 2018
7. Professional Standards: Commitment to professional standards, regulatory compliance, and ethical considerations
8. Limitation of Liability: Terms limiting the service provider's liability in accordance with professional standards and insurance requirements
9. Term and Termination: Duration of the engagement and conditions for termination by either party
1. Multiple Entity Services: Additional terms for handling multiple related entities under the same engagement
2. International Considerations: Specific terms for clients with international operations or cross-border implications
3. Third-Party Access: Terms governing access to information by third parties such as other advisors or regulators
4. Dispute Resolution: Specific procedures for handling disputes, including mediation or arbitration provisions
1. Fee Schedule: Detailed breakdown of all fees, charges, and payment terms
2. Required Documentation List: Comprehensive checklist of documents and information required from the client
3. Service Timeline: Expected timeline for service delivery, including key milestones and deadlines
4. Standard Terms and Conditions: General terms and conditions applicable to all professional services
5. Data Processing Agreement: Specific terms regarding data processing and protection in compliance with UK GDPR
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