Document background
The Consultant Retainer Agreement is essential for businesses in Pakistan seeking to establish long-term professional consulting relationships. This document is typically used when a client requires regular access to a consultant's expertise and services on an ongoing basis, rather than for a single project. It addresses key aspects required under Pakistani law, including the Contract Act 1872 and taxation requirements under the Income Tax Ordinance 2001. The agreement provides clarity on the consultant's status as an independent contractor, outlines the scope of services, establishes payment terms, and includes necessary protections for confidential information and intellectual property. It's particularly relevant in today's business environment where companies increasingly rely on external expertise while maintaining regulatory compliance and professional standards.
