Document background
A Corporate Engagement Letter is a fundamental document used to establish and formalize professional service relationships in Ireland. It serves as the primary agreement between professional service providers (such as consultants, advisors, or firms) and their corporate clients, outlining the scope of work, terms of engagement, and mutual obligations. The document must comply with Irish legal requirements, including the Companies Act 2014, data protection regulations, and professional services standards. This type of engagement letter is particularly important in the Irish business context as it provides clarity on service delivery, fee arrangements, and liability limitations while addressing specific regulatory requirements such as anti-money laundering and GDPR compliance. It's typically used at the commencement of any significant professional services engagement and may be updated or reissued as the scope of services evolves.
