Document background
The Engagement Letter Agreement is a fundamental document used in Hong Kong's professional services sector to formalize the relationship between service providers and their clients. It combines elements of both a formal agreement and a professional communication, typically issued by professional services firms, consultancies, law firms, or financial advisory firms to their clients. The document must comply with Hong Kong regulatory requirements and professional standards, including provisions for data privacy, professional conduct, and anti-money laundering regulations where applicable. An Engagement Letter Agreement typically includes detailed scope of services, fee arrangements, team structure, deliverables, and key terms governing the professional relationship, while maintaining the more personal and direct tone appropriate for client communications in the Hong Kong business environment.
