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Consultancy Agreement Between Two Companies Template for Singapore

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Key Requirements PROMPT example:

Consultancy Agreement Between Two Companies

"I need a Consultancy Agreement Between Two Companies for my technology consulting firm to provide digital transformation services to a manufacturing company in Singapore, with specific IP protection clauses and performance metrics starting from March 2025."

Document background
The Consultancy Agreement Between Two Companies is essential when one company wishes to engage another for professional advisory or consulting services in Singapore. This document is particularly crucial as it defines the commercial relationship, protects both parties' interests, and ensures compliance with Singapore's legal framework. The agreement typically covers service scope, deliverables, payment terms, intellectual property rights, confidentiality, and liability provisions. It's designed to provide clarity and legal certainty while being flexible enough to accommodate various consulting arrangements across different industries.
Suggested Sections

1. Parties: Identification and details of both companies entering into the agreement

2. Background/Recitals: Context of the agreement and relationship between parties

3. Definitions: Key terms used throughout the agreement

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

5. Payment Terms: Fees, payment schedule, expenses, and invoicing procedures

6. Term and Termination: Duration of agreement and termination provisions

7. Confidentiality: Protection of confidential information

8. Intellectual Property: Ownership and rights to work products

Optional Sections

1. Non-Competition: Restrictions on competitive activities - include when protecting business interests is crucial

2. Force Majeure: Provisions for unforeseeable circumstances - include for long-term or high-value services

3. Insurance: Insurance requirements and coverage - include when services involve significant risks

4. Data Protection: PDPA compliance provisions - include when personal data processing is involved

Suggested Schedules

1. Schedule of Services: Detailed scope of work and deliverables

2. Fee Schedule: Detailed breakdown of fees and payment terms

3. Key Personnel: List of key consultants and their qualifications

4. Service Levels: Performance metrics and standards

5. Data Processing Agreement: Detailed data handling procedures if applicable

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






























Industries

Contract Law (Chapter 53): Primary legislation governing contractual relationships and agreements in Singapore, including formation, terms, and enforcement of contracts

Companies Act (Chapter 50): Regulates corporate entities in Singapore, their formation, operation, and obligations

Competition Act (Chapter 50B): Ensures fair competition and regulates anti-competitive practices between businesses

Employment Act (Chapter 91): May be relevant if consulting arrangements involve personnel secondment or could be construed as employment relationships

Central Provident Fund Act: Relevant if the consulting arrangement involves seconded employees who require CPF contributions

Work Injury Compensation Act: Applicable if consultants work on-site or if there are workplace safety considerations

Copyright Act: Protects original works and intellectual property created during the consultancy

Patents Act: Governs the protection of inventions and innovations that may arise during the consultancy

Trade Marks Act: Relevant for protecting brands and marks used or created during the consultancy

Registered Designs Act: Protects industrial designs that might be developed during the consultancy

Personal Data Protection Act 2012: Regulates the collection, use, disclosure, and care of personal data

Income Tax Act: Governs taxation of consultancy fees and related income

Goods and Services Tax Act: Regulates GST application on consultancy services and related transactions

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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