Document background
The Intercompany License Agreement is essential for multinational and domestic corporate groups operating in Canada who need to establish formal licensing arrangements between their related entities. This document is typically used when one group company needs to grant another the right to use its intellectual property, technology, or proprietary rights in a way that complies with Canadian legal requirements. The agreement ensures proper documentation of transfer pricing arrangements, maintains clear corporate governance, and protects intellectual property rights while facilitating efficient group operations. It's particularly important for compliance with Canadian tax authorities' requirements regarding intercompany transactions and transfer pricing regulations, while also addressing provincial and federal intellectual property laws.
