Consulting Referral Fee Agreement Template for Singapore

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Key Requirements PROMPT example:

Consulting Referral Fee Agreement

"I need a Consulting Referral Fee Agreement under Singapore law for my technology consulting firm to pay 15% commission to independent consultants who refer new enterprise clients to us, with quarterly payments and a minimum referral threshold of $50,000."

Document background
The Consulting Referral Fee Agreement is essential for businesses operating in Singapore's professional services sector where client referrals form a significant part of business development. This document formalizes arrangements between parties where one introduces potential clients to another's consulting services in exchange for agreed-upon fees. Under Singapore law, such agreements must clearly define the scope of referral services, fee structures, and comply with relevant regulations including the Payment Services Act and Personal Data Protection Act. The agreement provides legal protection for both parties while ensuring transparency in business relationships.
Suggested Sections

1. Parties: Identification of the referrer and recipient entities

2. Background: Context of the referral arrangement and relationship between parties

3. Definitions: Key terms used throughout the agreement

4. Scope of Referral Services: Details of referral services to be provided

5. Referral Fee Structure: Fee calculation methodology and payment terms

6. Payment Terms: Timing and method of fee payments

7. Term and Termination: Duration and termination conditions

8. Confidentiality: Protection of confidential information

9. Governing Law: Specification of Singapore law as governing law

Optional Sections

1. Non-Competition: Restrictions on competitive activities - used when protecting market position is crucial

2. Data Protection: PDPA compliance provisions - used when personal data is involved in referrals

3. Force Majeure: Provisions for unforeseen circumstances - used when long-term arrangement is contemplated

4. Dispute Resolution: Alternative dispute resolution procedures - used for high-value or complex arrangements

Suggested Schedules

1. Fee Schedule: Detailed breakdown of referral fee calculations

2. Referral Process: Step-by-step referral procedures

3. Reporting Template: Standard format for referral reporting

4. Service Level Agreement: Performance metrics and standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, establishing fundamental principles of contract formation, enforcement, and remedies

Companies Act (Cap. 50): Regulates business entities and corporate structures in Singapore, including requirements for business registration and operations

Payment Services Act 2019: Regulates payment systems and payment service providers in Singapore, ensuring proper handling of payment transactions

Income Tax Act: Governs taxation of income in Singapore, including treatment of referral fees and consulting income

Goods and Services Tax Act: Regulates GST obligations for services provided, including consulting and referral arrangements

Corruption, Drug Trafficking and Other Serious Crimes Act: Contains anti-money laundering provisions that may affect payment structures and reporting requirements

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in Singapore, crucial for handling client information in referral arrangements

Competition Act (Cap. 50B): Ensures referral arrangements do not constitute anti-competitive practices or unfair market behavior

Consumer Protection (Fair Trading) Act: Protects consumers' interests and ensures fair trading practices in business arrangements

Stamp Duties Act: Governs stamp duty obligations that may apply to certain types of agreements and transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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