Document background
The Inter Company Services Agreement is essential for Hong Kong-based corporate groups seeking to formalize service arrangements between their related entities. This document is particularly relevant in the context of Hong Kong's sophisticated business environment, where complex corporate structures and intra-group service arrangements are common. It addresses key regulatory requirements including transfer pricing compliance, corporate governance standards, and tax implications under Hong Kong law. The agreement is typically used when one group company provides management, administrative, technical, or operational services to another group company, requiring clear documentation of service scope, standards, and commercial terms. It includes specific provisions to ensure compliance with Hong Kong Companies Ordinance requirements, Inland Revenue Department guidelines, and other relevant regulations while maintaining the flexibility needed for related party arrangements.
