Document background
The Liaison Agent Agreement is a crucial document for companies seeking to establish or maintain a business presence in Malaysia through a local representative. This agreement type is particularly relevant when a company needs a local agent to facilitate business relationships, handle communications with government authorities, or represent their interests in the Malaysian market. The document, governed by Malaysian law, must comply with various local regulations including the Contracts Act 1950 and the Malaysian Anti-Corruption Commission Act 2009. The agreement typically includes detailed provisions on the agent's scope of authority, compensation structure, compliance requirements, and reporting obligations. It's essential for companies expanding into Malaysia or maintaining operations there, especially where local representation is required or beneficial for business operations.
