Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Intercompany Cost Sharing Agreement
"I need an Intercompany Cost Sharing Agreement for our Australian mining group with five subsidiaries, focusing on shared IT infrastructure and corporate services, with specific provisions for equipment and personnel sharing between sites."
1. Parties: Identifies the participating group entities and their relationships
2. Background: Sets out the context, purpose, and business rationale for the cost sharing arrangement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Agreement: Outlines the activities and costs covered by the arrangement
5. Cost Pool: Defines what costs are included and excluded from the sharing arrangement
6. Allocation Methodology: Details the basis and methods for allocating costs between participants
7. Payment Terms: Specifies timing, currency, and method of payments between parties
8. Accounting and Documentation: Sets out record-keeping requirements and accounting procedures
9. Governance: Establishes oversight mechanisms and decision-making processes
10. Tax Compliance: Addresses transfer pricing and other tax compliance requirements
11. Term and Termination: Specifies duration, renewal, and termination provisions
12. General Provisions: Includes standard legal clauses such as amendments, notices, and governing law
1. Intellectual Property Rights: Required when the cost sharing involves development or use of intellectual property
2. Employee Secondment: Include when staff are shared between entities as part of the arrangement
3. Service Level Requirements: Needed when specific performance standards must be maintained
4. Budget and Forecasting: Include when formal budgeting processes need to be established
5. Audit Rights: Add when parties require specific audit capabilities beyond standard accounting provisions
6. Insurance Requirements: Include when shared activities require specific insurance coverage
7. Confidentiality: Add detailed confidentiality provisions when sharing sensitive information
8. Change Control: Include when formal processes for changing allocation methods or scope are needed
1. Schedule 1 - Allocation Keys: Detailed breakdown of allocation factors and calculations
2. Schedule 2 - Excluded Costs: Comprehensive list of costs specifically excluded from the arrangement
3. Schedule 3 - Markup Calculations: Details of any markup applications for tax compliance
4. Schedule 4 - Participating Entities: Complete list of participating entities and their details
5. Schedule 5 - Service Categories: Detailed description of services covered by the agreement
6. Appendix A - Cost Allocation Examples: Practical examples of how costs will be allocated
7. Appendix B - Reporting Templates: Standard templates for regular reporting and reconciliation
8. Appendix C - Transfer Pricing Documentation: Required documentation for transfer pricing compliance
Authors
Allocation Key
Arm's Length Principle
Associated Entity
Benefit Test
Business Day
Commencement Date
Confidential Information
Cost Pool
Cost Sharing Participants
Direct Costs
Effective Date
Excluded Costs
Financial Year
Force Majeure Event
Group
Indirect Costs
Initial Term
Intellectual Property Rights
Key Performance Indicators
Mark-up
Operating Committee
Participating Entity
Quarter
Related Party
Relevant Services
Service Provider
Service Recipient
Shared Costs
Shared Services
Support Services
Tax Laws
Term
Territory
Transfer Pricing Documentation
Transfer Pricing Rules
Recitals
Definitions
Interpretation
Term and Termination
Cost Pool Definition
Cost Allocation
Payment Terms
Transfer Pricing
Tax Compliance
Accounting and Records
Audit Rights
Governance
Service Levels
Intellectual Property
Confidentiality
Data Protection
Force Majeure
Dispute Resolution
Amendment and Variation
Assignment
Notices
Severability
Entire Agreement
Governing Law
GST
Related Party Transactions
Performance Review
Reporting Requirements
Budget and Forecasting
Employee Obligations
Insurance
Indemnification
Compliance with Laws
Third Party Rights
Financial Services
Manufacturing
Technology
Professional Services
Healthcare
Mining and Resources
Retail
Telecommunications
Construction
Energy
Finance
Legal
Tax
Treasury
Compliance
Shared Services
Corporate Governance
Accounting
Risk Management
Internal Audit
Chief Financial Officer
Tax Director
Finance Manager
Legal Counsel
Corporate Controller
Transfer Pricing Manager
Group Financial Controller
Compliance Officer
Treasury Manager
Head of Shared Services
Financial Planning Analyst
Group Accountant
Corporate Secretary
Risk Manager
Find the exact document you need
Intragroup Loan Agreement
Australian law-governed loan agreement between related entities within the same corporate group, establishing terms for intragroup financing.
Intercompany Recharge Agreement
An Australian law-governed agreement establishing the framework for cross-charging services and costs between related corporate entities.
Inter Company Services Agreement
An Australian law-governed agreement regulating service provision between related companies within the same corporate group.
Master Intercompany Agreement
An Australian law-governed framework agreement establishing the terms and conditions for commercial relationships and service provision between related entities within a corporate group.
Intercompany Agreement Between Parent And Subsidiary
An Australian law-governed agreement establishing the legal and operational relationship between a parent company and its subsidiary, including key business terms and compliance requirements.
Intercompany Shared Services Agreement
An Australian law-governed agreement establishing shared services arrangements between related corporate entities, including service delivery, pricing, and governance frameworks.
Intercompany Lease Agreement
An Australian-compliant lease agreement between related companies within the same corporate group, incorporating both standard commercial lease provisions and related-party considerations.
Intercompany Cost Sharing Agreement
An Australian law-governed agreement for cost sharing between related corporate entities, ensuring compliance with local transfer pricing and tax regulations.
Download our whitepaper on the future of AI in Legal
Genie’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; Genie’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
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our Trust Centre for more details and real-time security updates.
Read our Privacy Policy.