Document background
The Affiliate Addendum is used when companies need to extend their existing contractual arrangements to include affiliate relationships in Hong Kong. It is particularly relevant when a business wants to formally establish connections with related entities, enable resource sharing, or expand operations through affiliated companies. This document is essential in the Hong Kong business environment where corporate groups frequently operate through multiple entities and need to ensure compliance with local regulations. The addendum typically modifies or supplements a main agreement by defining the scope of affiliate participation, establishing operational parameters, and addressing crucial aspects such as data protection, intellectual property rights, and compliance requirements. It's commonly used in various contexts, from simple affiliate marketing arrangements to complex corporate group structures, and must align with Hong Kong's Companies Ordinance, data privacy laws, and competition regulations.
