Document background
The Master Fee Agreement serves as the primary contractual framework for establishing and managing fee arrangements between service providers and their clients in India. This document is typically used when parties anticipate an ongoing business relationship involving regular fee payments for services, requiring a standardized approach to fee calculation, invoicing, and payment processes. The agreement incorporates essential elements required under Indian contract law and regulatory requirements, including GST compliance and TDS provisions. It provides flexibility through schedules that can be updated to reflect changing fee structures or service requirements without amending the main agreement. The Master Fee Agreement is particularly valuable for businesses providing recurring services or maintaining long-term service relationships where fee structures may vary across different service types or engagement models.
