Document background
The Soft Termination Letter is a critical document used in Hong Kong business practice when parties wish to formally end their professional relationship by mutual consent. This document type is particularly relevant in situations where both parties have agreed to terminate their arrangement amicably, whether it's an employment contract or business relationship. The letter serves as an official record of the agreement and typically includes essential elements such as the termination date, final settlement terms, and any continuing obligations. Under Hong Kong law, while maintaining compliance with the Employment Ordinance and other relevant legislation, this document helps protect both parties' interests while preserving professional relationships. The Soft Termination Letter is especially valuable in situations where parties wish to maintain the possibility of future collaboration or need to ensure a smooth transition period.
