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Consulting Fee Contract Template for Malaysia

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Key Requirements PROMPT example:

Consulting Fee Contract

"I need a Consulting Fee Contract for my IT consulting firm to provide cybersecurity services to a Malaysian bank, starting March 2025, with strict data protection and regulatory compliance requirements."

Document background
The Consulting Fee Contract is a crucial document for establishing professional consulting relationships in Malaysia. It is designed to comply with Malaysian legislation, including the Contracts Act 1950, Income Tax Act 1967, and relevant employment laws. This document is essential when engaging consultants or consulting firms for specific projects or ongoing advisory services, providing clear terms for fees, scope of work, and delivery expectations. The contract protects both parties by clearly defining intellectual property rights, confidentiality obligations, and liability limitations, while ensuring compliance with Malaysian tax regulations and business practices. It is particularly important for distinguishing consulting relationships from employment relationships and establishing clear deliverables and payment terms.
Suggested Sections

1. Parties: Identification of the consultant and the client, including full legal names, registration numbers, and registered addresses

2. Background: Context of the consulting arrangement and brief description of the parties' intentions

3. Definitions: Definitions of key terms used throughout the agreement

4. Scope of Services: Detailed description of consulting services to be provided

5. Term and Timeline: Duration of the agreement and key milestone dates

6. Fees and Payment Terms: Consulting fees, payment schedule, expenses, and invoicing procedures

7. Obligations of the Consultant: Key responsibilities and commitments of the consultant

8. Obligations of the Client: Key responsibilities and commitments of the client

9. Intellectual Property Rights: Ownership and rights to work products and pre-existing IP

10. Confidentiality: Protection of confidential information and trade secrets

11. Termination: Conditions and procedures for ending the agreement

12. Limitation of Liability: Extent and limitations of consultant's liability

13. Governing Law and Jurisdiction: Applicable law and jurisdiction for dispute resolution

14. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Non-Compete: Restrictions on consultant's ability to work with competitors, used when consultant will have access to sensitive competitive information

2. Non-Solicitation: Restrictions on hiring client's employees or soliciting client's customers, used in longer-term engagements

3. Insurance: Insurance requirements for consultant, typically included for high-value or high-risk consulting work

4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in long-term or critical consulting arrangements

5. Data Protection: Specific provisions for handling personal data, required when consultant will process personal information

6. Assignment and Subcontracting: Rights to transfer obligations or use subcontractors, relevant for larger consulting firms

7. Warranties and Representations: Specific guarantees about consultant's qualifications or deliverables, used in specialized consulting services

8. Compliance with Laws: Specific regulatory compliance obligations, important in regulated industries

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed description of deliverables, methodologies, and specific services to be provided

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment milestones, and expense categories

3. Schedule 3 - Project Timeline: Detailed project schedule, milestones, and delivery dates

4. Schedule 4 - Key Personnel: List of key consultant personnel assigned to the project and their roles

5. Schedule 5 - Client Materials: List of materials, access, and resources to be provided by the client

6. Appendix A - Service Level Agreement: Performance standards and metrics for consulting services

7. Appendix B - Compliance Requirements: Specific regulatory or industry compliance requirements

8. Appendix C - Reporting Templates: Standard formats for progress reports and deliverables

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

































Relevant Industries

Information Technology

Management Consulting

Financial Services

Healthcare

Education

Manufacturing

Energy

Telecommunications

Real Estate

Professional Services

Construction

Retail

Agriculture

Digital Transportation

Hospitality

Relevant Teams

Legal

Procurement

Finance

Human Resources

Operations

Project Management Office

Business Development

Compliance

Risk Management

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Counsel

Procurement Manager

Project Manager

Human Resources Director

Operations Manager

Business Development Manager

Contract Administrator

Finance Manager

Department Head

Managing Director

Compliance Officer

Risk Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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