Document background
The Confidentiality and Non-Competition Agreement is a vital legal document used in Hong Kong business contexts where there is a need to protect sensitive information and prevent unfair competition. It is typically implemented when engaging employees in senior positions, key technical roles, or when entering into business relationships where confidential information will be shared. The agreement combines two crucial elements: protection of confidential information and restriction of competitive activities post-employment or post-collaboration. Under Hong Kong law, while confidentiality provisions are generally enforceable, non-compete clauses must be reasonable in scope, duration, and geographic coverage to be valid. This document is particularly relevant in today's dynamic business environment where employee mobility and information protection are key concerns for businesses operating in Hong Kong.
