Document background
The Master Partner Agreement serves as the primary contractual framework for establishing and managing business partnerships in Hong Kong. This document is essential when companies wish to create long-term collaborative relationships with partners for distribution, reselling, service provision, or other business activities. It incorporates Hong Kong legal requirements and business practices, providing comprehensive coverage of commercial terms, operational procedures, compliance obligations, and risk management. The agreement typically includes detailed schedules for specific aspects of the partnership, allowing for customization while maintaining consistency in the core terms. As a master agreement, it often serves as an umbrella document under which specific project or transaction documents can be executed.
