Document background
The Short MoU is a fundamental tool in Dutch business practice for initiating formal relationships between organizations. It serves as a stepping stone toward more comprehensive agreements while documenting preliminary understandings and intentions. This document type is particularly useful in scenarios where parties need to quickly formalize their initial understanding without committing to detailed obligations. The Short MoU typically includes basic terms, collaboration principles, and any immediate binding provisions (such as confidentiality), while maintaining compliance with Dutch legal requirements. It's commonly used during the early stages of business relationships, joint ventures, research collaborations, or strategic partnerships, where parties need to document their intentions before proceeding with due diligence or detailed contract negotiations.
