Consultancy Agreement

Consultancy Agreement

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Most-preferred legal service provider for Consultancy Agreement in India. Get the legal support and guidance you need today!

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About Consultancy Agreement

A consultant contract is a legal agreement between a consultant and a client, by means of which the client buys the services of the consultant. The agreement outlines the scope of work to be performed by them and other terms and conditions related to their appointment in the company. It is a kind of service agreement only. 

A consultancy agreement is required when the company wishes to appoint an external consultant. The company may like to avail their services to do a specific type of work so they hire someone who has expertise in that field. In these cases, it is always more ideal to enter into a contract with the consultant. 

The main elements of a consultancy agreement are- 
  • Scope of work- The consultancy agreement clearly states the duties, obligations, and services that must be performed by the consultant. The methods of work are usually not defined. The consultant can exercise their sole discretion whilst performing such work. 
  • Term- The time period for which the services of the consultant is required by the company must also mention in the contract. 
  • Payment terms- The payment terms including the amount of compensation to be paid to the consultant, when to pay (monthly, quarterly, etc.) and the mode of payment. Also, if any out of pocket expenses are allowed to them will be mentioned in the agreement. 
  • Confidentiality- The consultant is expected to keep company information as private except the information already known to the general public.

Documents Required

  • Self Attested PAN Card copy
  • Self Attested copy of any one of the Identity Proof(Voter's ID/Passport/Driver's License)
  • Self Attested copy of Address Proof in the name of director (Any utility bill i.e., mobile bill/water bill/ electricity bill, or bank statement which should not be older than two months)
  • Passport-sized photograph
  • Rent Agreement (Notarised: For rented property)
  • Sale Deed/Property Deed in English (in case of owned property)
  • No-objection Certificate from property owner
  • Latest Electricity Bill / Mobile or Telephone Bill / Latest Bank Statement/Gas Bill
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