Document background
The Business Engagement Letter is a crucial document in Malaysian professional services that formally establishes the relationship between a service provider and their client. It is typically used when professional services firms, consultants, or advisors are engaged to provide specific services to a client organization. The document combines elements of both formal agreements and professional correspondence, ensuring legal compliance while maintaining accessibility. The Business Engagement Letter must align with Malaysian legal requirements, including the Contracts Act 1950 and industry-specific regulations. It typically includes detailed scope of work, fee structures, timelines, and professional obligations, while also addressing important aspects such as confidentiality, data protection, and liability limitations. This document serves as the foundation for the professional relationship and helps prevent misunderstandings by clearly documenting expectations and deliverables.
