Document background
Commercial Commission Contracts are essential documents for businesses operating in Singapore that rely on commission-based sales or service arrangements. These contracts establish clear parameters for business relationships where one party (the agent) earns commission-based compensation for services rendered to another party (the principal). The agreement must comply with Singapore's legal framework, including the Civil Law Act and Commercial Law Act, while addressing key aspects such as commission calculations, payment terms, performance expectations, and termination rights. This type of contract is particularly crucial for protecting both parties' interests and ensuring clarity in commission-based business relationships.
