Document background
The Engagement Letter Agreement is a fundamental document used to formalize professional service relationships in Switzerland. It serves as the primary contract document when professional firms or individuals undertake assignments for clients, combining commercial practicality with legal compliance. Typically used at the commencement of a new client relationship or specific project, this document is essential in regulated industries and professional services sectors. The agreement must comply with Swiss law, particularly the Swiss Code of Obligations (OR) and relevant regulatory requirements. It should detail the scope of work, commercial terms, professional obligations, and risk allocation while maintaining the formality expected in Swiss business culture. The document is particularly important for establishing clear expectations, protecting both parties' interests, and ensuring compliance with professional standards and Swiss regulatory requirements.
