The Billing Agreement is essential for businesses operating in Malaysia that need to establish clear, legally-compliant payment arrangements. This document is particularly relevant when parties require a formal structure for recurring payments, service fees, or regular financial transactions. The agreement must comply with Malaysian financial regulations, including the Financial Services Act 2013 and relevant Bank Negara Malaysia directives. It typically includes detailed provisions for payment terms, electronic transactions, tax compliance, and data protection. The Billing Agreement is commonly used in various commercial contexts, from service provider arrangements to subscription-based business models, and can be customized to accommodate different payment frequencies, methods, and specific business requirements while maintaining compliance with Malaysian law.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the parties entering into the agreement, including full legal names, registration numbers, and registered addresses
2. Background: Context of the agreement, brief description of the business relationship and purpose of the billing arrangement
3. Definitions: Definitions of key terms used throughout the agreement
4. Billing Terms: Core terms including billing cycles, payment amounts, and calculation methods
5. Payment Terms: Payment deadlines, acceptable payment methods, and processing details
6. Late Payment and Interest: Consequences of late payment, interest rates, and penalty procedures
7. Taxes: Treatment of applicable taxes, GST/SST responsibilities, and tax documentation requirements
8. Dispute Resolution: Procedures for handling billing disputes and discrepancies
9. Term and Termination: Duration of the agreement and conditions for termination
10. Confidentiality: Protection of confidential information exchanged during billing processes
11. Data Protection: Compliance with PDPA and handling of personal data in billing processes
12. Governing Law: Specification of Malaysian law as governing law and jurisdiction
1. Electronic Billing: Include when implementing electronic invoicing systems, covering digital payment platforms and e-invoice requirements
2. Currency and Exchange Rates: Include for international billing arrangements involving multiple currencies
3. Credit Terms: Include when offering credit facilities or installment payment options
4. Service Level Requirements: Include when billing is tied to service performance metrics
5. Force Majeure: Include when needing to address billing obligations during unforeseen circumstances
6. Bank Account Changes: Include when parties need specific procedures for handling changes to banking details
7. Group Company Billing: Include when billing involves multiple related entities or group companies
1. Schedule 1 - Fee Schedule: Detailed breakdown of fees, charges, and billing rates
2. Schedule 2 - Payment Processing Procedures: Step-by-step procedures for payment processing and reconciliation
3. Schedule 3 - Billing Cycle Details: Specific dates and timelines for billing cycles
4. Schedule 4 - Authorized Representatives: List of personnel authorized to handle billing matters
5. Schedule 5 - Invoice Format: Template and required contents of invoices
6. Appendix A - Bank Account Details: Banking information for payment processing
7. Appendix B - Tax Forms and Requirements: Required tax documentation and forms
Relevant legal definitions
Clauses
Relevant Industries
Technology
Professional Services
Financial Services
Healthcare
Telecommunications
Manufacturing
Retail
Education
Utilities
Consulting
Software as a Service
Business Process Outsourcing
Relevant Teams
Finance
Legal
Operations
Commercial
Accounts Receivable
Treasury
Compliance
Customer Service
Credit Control
Business Development
Relevant Roles
Finance Manager
Account Manager
Legal Counsel
Contracts Administrator
Chief Financial Officer
Billing Coordinator
Treasury Manager
Commercial Director
Operations Manager
Credit Controller
Accounts Receivable Manager
Compliance Officer
Financial Controller
Business Development Manager
Find the exact document you need
Legal Contract
A standard legal contract template compliant with Malaysian law, suitable for establishing binding agreements between various types of parties operating within Malaysian jurisdiction.
Download
Rent Agreement Draft
A Malaysian law-compliant rental agreement template establishing terms and conditions between landlord and tenant for property lease arrangements.
Download
Staff Agreement Letter
A Malaysian employment offer document that outlines key employment terms and conditions in compliance with local labor laws.
Download
Business Agreement
A Malaysian law-governed agreement establishing commercial relationships between business entities, outlining key terms and conditions for business operations.
Download
Franchise Agreement Draft
A Malaysian law-governed agreement establishing a franchise relationship and outlining operational terms between franchisor and franchisee.
Download
Consignment Agreement Form
A Malaysian law-governed agreement establishing terms for consignment sale arrangements, defining rights and obligations between goods owner and seller.
Download
Partnership Agreement Form
A Malaysian law-compliant agreement establishing the terms and conditions of a business partnership, including partner rights, responsibilities, and operational framework.
Download
Legal Agreement Between Two Parties
Standard Malaysian legal agreement template for establishing contractual relationships between two parties, compliant with Malaysian contract law.
Download
Legal Binding Contract
A legally binding contract template compliant with Malaysian law, designed to formalize business relationships and agreements.
Download
Contract Agreement Form
A legally binding agreement template compliant with Malaysian law that establishes formal contractual relationships between parties.
Download
Simple Agreement
A basic contractual document under Malaysian law that establishes fundamental business arrangements between parties while maintaining simplicity and legal compliance.
Download
Incorporation Agreement
A Malaysian law-governed agreement establishing the foundation and structure of a new company, defining shareholder relationships and corporate governance framework.
Download
Boilerplate Agreement
A versatile Boilerplate Agreement template compliant with Malaysian law, adaptable for various commercial relationships while maintaining legal enforceability.
Download
Tooling Agreement
A Malaysian law-governed agreement for the supply and maintenance of industrial tooling equipment, including specifications, quality requirements, and delivery terms.
Download
Representation Agreement
A Malaysian law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, defining rights, obligations, and terms of representation.
Download
Provisional Agreement
A Malaysian law-governed interim agreement that establishes temporary arrangements while parties work towards a definitive agreement.
Download
Preliminary Agreement
A Malaysian law-governed agreement establishing preliminary terms and conditions for a proposed transaction, including binding and non-binding obligations between parties.
Download
Land Agreement Between Two Parties
A Malaysian law-governed agreement for land transfer or dealings between two parties, compliant with the National Land Code 1965 and related legislation.
Download
Common Terms Agreement
Malaysian law-governed agreement establishing common terms and conditions for syndicated lending arrangements, serving as the primary document for multiple facility agreements.
Download
Buyer Agency Agreement
A Malaysian law-governed agreement establishing a professional relationship between a property buyer and their appointed real estate agent, outlining services, duties, and compensation terms.
Download
Statement Of Agreement
A formal Malaysian legal document recording mutual agreements and commitments between parties, providing a legally binding framework under Malaysian law.
Download
Agreement To Perform Work
A Malaysian law-governed agreement establishing terms and conditions for performing specific work or services, including scope, payment, and deliverables.
Download
Catering Contract
A Malaysian law-governed agreement establishing terms and conditions for professional catering services, including service requirements, quality standards, and compliance obligations.
Download
Key Agreement For Employees
A Malaysian law-governed agreement establishing terms for employee key management, including issuance, usage, and return procedures.
Download
Lease Agreement
A Malaysian law-governed agreement establishing terms and conditions for property lease between landlord and tenant, compliant with local property and contract laws.
Download
Contractual Agreement
A Malaysian law-compliant contractual agreement template for establishing legally binding business relationships.
Download
Security Agreement Form
A Malaysian law-governed agreement creating security interests over assets to secure obligations, incorporating local legal requirements and enforcement procedures.
Download
House Construction Agreement Between Owner Contractor
A Malaysian law-governed agreement between property owner and contractor for residential house construction, detailing construction terms, specifications, and obligations.
Download
Lodger Agreement
A Malaysian law-compliant agreement between a homeowner and lodger for room occupation in a shared residential property.
Download
Consulting Agreement
A Malaysian law-governed agreement establishing terms and conditions for professional consulting services between a consultant and client.
Download
Intent To Purchase Agreement
A Malaysian legal document expressing formal intention to purchase an asset or property, setting preliminary terms and conditions under Malaysian law.
Download
Head Of Terms Agreement
A preliminary agreement under Malaysian law outlining key terms and conditions for a proposed business transaction, serving as a framework for subsequent detailed agreements.
Download
Supply Contract Form
A Malaysian law-governed contract template establishing terms and conditions for the supply of goods between commercial parties.
Download
Umbrella Agreement
A Malaysian law-governed master agreement establishing a framework for future specific agreements between parties, setting out overarching terms and conditions for ongoing business relationships.
Download
Share Purchase Agreement
A Malaysian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion mechanics.
Download
Professional Services Contract
A Malaysian law-governed agreement establishing terms and conditions for professional services provision between service providers and clients.
Download
Consulting Services Agreement
A Malaysian law-governed agreement establishing terms and conditions for consulting services provision, including scope, payment, and obligations of both parties.
Download
Business Sale Agreement
A Malaysian law-governed agreement for the sale and purchase of a business, detailing all transaction terms and obligations of the parties involved.
Download
Buyer Representation Agreement
A Malaysian law-governed agreement establishing the terms and conditions under which a real estate agent represents a buyer in property transactions.
Download
Master Service Agreement
A Malaysian law-governed framework agreement establishing general terms and conditions for ongoing service provision between parties.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)