Business Consultant Contract Template for Hong Kong

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Key Requirements PROMPT example:

Business Consultant Contract

"I need a Business Consultant Contract for engaging a technology strategy consultant for our fintech company in Hong Kong, with specific provisions for data security and intellectual property protection, starting March 2025."

Document background
The Business Consultant Contract is essential for organizations in Hong Kong seeking to engage external expertise while maintaining clear legal boundaries and protecting their interests. This document is particularly relevant in today's business environment where companies frequently rely on specialized consultants for strategic advice, operational improvement, or specific project delivery. The agreement, governed by Hong Kong law, addresses key aspects including scope of services, compensation, intellectual property rights, confidentiality, and data protection obligations. It is designed to establish an independent contractor relationship rather than employment, incorporating necessary provisions to comply with Hong Kong's regulatory requirements while providing flexibility to accommodate various consulting arrangements. The contract serves as a crucial risk management tool, clearly defining responsibilities, deliverables, and performance expectations while protecting both parties' interests.
Suggested Sections

1. Parties: Identifies the contracting parties - the client company and the consultant

2. Background: Sets out the context of the agreement and confirms the consultant's expertise and the client's desire to engage their services

3. Definitions: Defines key terms used throughout the agreement

4. Appointment and Term: Establishes the engagement of the consultant and the duration of the contract

5. Services: Outlines the consultant's duties, responsibilities, and deliverables

6. Consultant's Obligations: Details the standard of service, compliance requirements, and general obligations of the consultant

7. Client's Obligations: Specifies the client's responsibilities, including provision of information and access needed by the consultant

8. Fees and Payment: Details the compensation structure, payment terms, and expenses policy

9. Intellectual Property Rights: Addresses ownership and usage rights of any work product created during the engagement

10. Confidentiality: Protects sensitive information shared during the engagement

11. Data Protection: Ensures compliance with privacy laws and establishes data handling procedures

12. Liability and Indemnity: Sets out the consultant's liability limitations and indemnification obligations

13. Termination: Specifies circumstances and procedures for ending the agreement

14. Post-Termination Obligations: Outlines obligations that survive the end of the agreement

15. General Provisions: Contains standard boilerplate clauses including governing law, notices, and entire agreement

Optional Sections

1. Non-Competition: Restricts the consultant from competing with the client's business - used when the consultant will have access to sensitive competitive information

2. Non-Solicitation: Prevents the consultant from soliciting client's employees or customers - used for consultants with significant client contact

3. Insurance: Requires the consultant to maintain specific insurance coverage - used for high-risk or regulated services

4. Performance Metrics: Establishes KPIs and performance evaluation criteria - used when compensation is linked to performance

5. Compliance with Client Policies: Requires adherence to client's internal policies - used when consultant works closely with client's operations

6. Sub-contracting: Addresses the consultant's ability to subcontract services - used when allowing delegation of work

7. Force Majeure: Addresses unforeseeable circumstances preventing performance - used for long-term or critical service arrangements

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed description of services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed breakdown of fees, payment structure, and expense categories

3. Schedule 3 - Key Personnel: Lists key individuals involved in providing the services

4. Schedule 4 - Service Levels: Specific performance standards and metrics

5. Schedule 5 - Client Policies: Relevant client policies and procedures applicable to the consultant

6. Appendix A - Reporting Requirements: Templates and requirements for progress reports and documentation

7. Appendix B - Approved Subcontractors: List of pre-approved subcontractors if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries

Financial Services

Technology

Manufacturing

Professional Services

Retail

Healthcare

Real Estate

Education

Telecommunications

Energy

Transportation

Media and Entertainment

Construction

Hospitality

Relevant Teams

Legal

Procurement

Human Resources

Finance

Operations

Compliance

Risk Management

Business Development

Project Management

Executive Leadership

Administration

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Legal Counsel

Procurement Manager

Human Resources Director

Project Manager

Business Development Manager

Operations Director

Department Head

Finance Manager

Compliance Officer

Risk Manager

General Manager

Managing Director

Industries
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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