抖阴短视频

Master Intercompany Services Agreement Template for Philippines

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Key Requirements PROMPT example:

Master Intercompany Services Agreement

"Need a Master Intercompany Services Agreement for our Philippine technology group to establish a new shared services arrangement between our parent company and five local subsidiaries, with particular focus on IT support services and data protection compliance."

Document background
The Master Intercompany Services Agreement is essential for corporate groups operating in the Philippines who need to establish a structured framework for internal service provision between affiliated entities. This document is particularly relevant when multiple group companies regularly provide or receive services from each other, requiring a standardized approach to service engagement, pricing, and governance. It ensures compliance with Philippine transfer pricing regulations, tax laws, and corporate requirements while streamlining the process for establishing specific service arrangements through statements of work. The agreement is designed to accommodate various types of services such as management, technical, administrative, and operational support, while maintaining appropriate control and oversight mechanisms. It's particularly important for multinational companies with Philippine operations or domestic groups with multiple subsidiaries.
Suggested Sections

1. Parties: Identification of the service provider and service recipient companies, including registration details and addresses

2. Background: Context of the intercompany relationship and purpose of the agreement

3. Definitions: Key terms used throughout the agreement, including Services, Service Levels, Charges, etc.

4. Scope of Services: General framework for services that may be provided under the agreement

5. Service Requests and Statements of Work: Process for requesting services and creating specific service arrangements

6. Service Levels: General standards and expectations for service delivery

7. Charges and Payment Terms: Pricing principles, payment terms, and transfer pricing compliance requirements

8. Governance and Performance Review: Management structure, reporting requirements, and performance evaluation process

9. Intellectual Property Rights: Ownership and licensing of IP created or used in service delivery

10. Confidentiality and Data Protection: Protection of confidential information and compliance with data privacy laws

11. Term and Termination: Duration of the agreement and circumstances for termination

12. Liability and Indemnification: Allocation of risks and responsibilities between parties

13. General Provisions: Standard clauses including notices, amendments, governing law, etc.

Optional Sections

1. Personnel and Employment: Include when services involve deployment or secondment of personnel between entities

2. Audit Rights: Include for regulated industries or when specific compliance requirements exist

3. Insurance: Include when services involve significant operational risks

4. Business Continuity: Include when services are critical to business operations

5. Anti-Corruption and Compliance: Include when dealing with international entities or regulated industries

6. Force Majeure: Include when services are susceptible to external disruptions

7. Parent Company Guarantee: Include when additional financial security is required

Suggested Schedules

1. Schedule 1 - Service Categories: List and description of potential service categories covered by the agreement

2. Schedule 2 - Service Level Requirements: Detailed service level metrics and measurement criteria

3. Schedule 3 - Charging Methodology: Detailed pricing principles and cost allocation methods

4. Schedule 4 - Governance Procedures: Detailed procedures for contract management and escalation

5. Schedule 5 - Template Statement of Work: Standard format for documenting specific service arrangements

6. Schedule 6 - Key Personnel: List of key contacts and responsible persons from each party

7. Schedule 7 - Data Processing Requirements: Specific requirements for handling personal and confidential data

8. Appendix A - Transfer Pricing Documentation: Required documentation for tax compliance

9. Appendix B - Service Locations: Approved locations for service delivery and data processing

Authors

Alex Denne

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

Relevant legal definitions


















































Clauses


































Relevant Industries

Financial Services

Manufacturing

Technology

Professional Services

Healthcare

Retail

Telecommunications

Energy

Consumer Goods

Pharmaceuticals

Logistics

Business Process Outsourcing

Relevant Teams

Legal

Finance

Tax

Compliance

Operations

Commercial

Risk Management

Corporate Secretariat

Internal Audit

Procurement

Treasury

Shared Services

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Legal Director

Head of Compliance

Tax Director

Commercial Director

Group Services Manager

Corporate Secretary

Transfer Pricing Manager

Operations Director

Finance Manager

Contract Manager

Risk Manager

Shared Services Director

Industries








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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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