Document background
The Business Engagement Letter is a fundamental document used in Hong Kong's professional services sector to initiate and formalize business relationships. It serves as a bridge between informal discussions and formal service agreements, providing clarity and legal protection while maintaining a professional yet accessible tone. The document outlines essential terms including scope of work, fees, timelines, and responsibilities, while incorporating Hong Kong legal requirements and business practices. Business Engagement Letters are particularly important in regulated industries where clear documentation of service terms is required, and they help manage expectations and reduce potential disputes by clearly defining the engagement parameters. The document typically precedes the commencement of services and may be updated or reissued as the scope of engagement evolves.
