Document background
The Master Fee Agreement is designed for situations where parties anticipate multiple service engagements over time and need a standardized framework for fees and terms. This document, governed by Singapore law, streamlines the contracting process by establishing standard commercial terms, pricing mechanisms, and operational procedures. It typically includes detailed fee schedules, service level requirements, and compliance with Singapore regulatory requirements, particularly around GST and data protection. The agreement is especially useful for ongoing business relationships where services may evolve or expand over time.
