Document background
The Outsourcing Agreement Between Two Companies serves as a foundational document for businesses engaging in outsourcing relationships within Pakistan's legal framework. This agreement is essential when one company (the Service Provider) agrees to perform specific functions or services for another company (the Client) on an ongoing basis. It is particularly relevant in Pakistan's growing outsourcing sector, where businesses increasingly delegate non-core functions to specialized service providers. The document addresses critical elements required under Pakistani law, including compliance with the Contract Act 1872, Companies Act 2017, and relevant industry-specific regulations. It typically includes detailed provisions for service delivery, performance metrics, data protection, intellectual property rights, and risk allocation, while incorporating specific requirements for cross-border transactions when applicable. This agreement is crucial for establishing clear expectations, responsibilities, and remedies for both parties while ensuring legal enforceability within Pakistan's jurisdiction.
