Document background
The Referral Agent Agreement is essential for businesses operating in the Philippines who wish to expand their reach through third-party referral partners. This document is commonly used when a company (the principal) wants to formally engage individuals or businesses to refer potential customers or business opportunities in exchange for commissions or fees. The agreement must comply with Philippine law, particularly the Civil Code's provisions on agency relationships, the Data Privacy Act for handling customer information, and relevant industry-specific regulations. It typically includes detailed sections on commission structures, service scope, territorial rights, and compliance requirements. This type of agreement is particularly important in regulated industries where formal documentation of referral relationships is required for transparency and regulatory compliance.
