Document background
The Monthly Retainer Fee Agreement is essential for establishing long-term professional service relationships in the Indian business context. This document is typically used when a client requires ongoing, regular access to professional services, such as legal counsel, business advisory, or consulting services, with predictable monthly costs. The agreement, governed by Indian law, provides clarity on service scope, delivery expectations, and payment terms while ensuring compliance with Indian regulatory requirements. It's particularly valuable for businesses seeking consistent professional support without the unpredictability of per-service billing. The document addresses key aspects such as service levels, confidentiality, intellectual property rights, and termination provisions, while incorporating necessary elements for GST compliance and professional service regulations.
