Document background
The Engagement Letter is a crucial document used in Hong Kong's professional services sector to formalize the relationship between service providers and their clients. It serves as both a commercial and legal instrument, detailing the scope of work, delivery expectations, and commercial terms while ensuring compliance with Hong Kong's regulatory requirements. The document is essential for professional firms to clearly communicate their service offerings, manage client expectations, and establish legally binding terms. It typically includes specific provisions required by Hong Kong professional bodies and regulatory authorities, incorporating elements of data protection, professional indemnity, and service standards. The Engagement Letter's format and content are influenced by Hong Kong common law principles and specific ordinances governing professional services, making it a fundamental tool for risk management and client relationship establishment.
