Ƶ

Intercompany Recharge Agreement Template for Singapore

An Intercompany Recharge Agreement under Singapore law is a formal contract that governs the allocation and payment of costs between related entities within a corporate group. It establishes the framework for charging shared services, resources, or facilities between group companies while ensuring compliance with Singapore's transfer pricing regulations and tax laws. The agreement typically includes detailed pricing mechanisms, service levels, and payment terms, structured to meet both commercial needs and regulatory requirements.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Intercompany Recharge Agreement?

Intercompany Recharge Agreements are essential documents for multinational corporations and group companies operating in Singapore, used to formalize and document internal cost-sharing arrangements. These agreements are particularly important for transfer pricing compliance and tax purposes, ensuring that intercompany transactions are conducted at arm's length. The agreement covers various aspects including service definitions, pricing methodologies, payment terms, and governance structures, while adhering to Singapore's strict regulatory framework and international best practices.

What sections should be included in a Intercompany Recharge Agreement?

1. Parties: Identification of the participating group companies and their details

2. Background: Context of the agreement and relationship between parties within the group structure

3. Definitions: Key terms used throughout the agreement including service categories, cost types, and allocation methods

4. Scope of Services: Detailed description of services/costs being recharged between group entities

5. Calculation Method: Methodology for calculating recharges, including allocation keys and markup principles

6. Payment Terms: Timing, currency, and method of payments between group entities

7. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

8. Compliance: Obligations regarding tax compliance, transfer pricing regulations, and documentation requirements

What sections are optional to include in a Intercompany Recharge Agreement?

1. Employee Secondment: Terms and conditions for employee transfers between group entities, including cost allocation methods

2. Intellectual Property: Provisions regarding IP rights and usage terms between group entities

3. Data Protection: Terms for handling personal data in compliance with Singapore's PDPA

4. Force Majeure: Provisions for circumstances beyond reasonable control affecting service delivery

What schedules should be included in a Intercompany Recharge Agreement?

1. Schedule 1 - Service Description: Detailed description of services being recharged between group entities

2. Schedule 2 - Pricing Schedule: Detailed pricing methodology, cost allocation keys, and markup rates

3. Schedule 3 - Key Personnel: List of key personnel involved in service delivery and their roles

4. Schedule 4 - Transfer Pricing Documentation: Required documentation for transfer pricing compliance under Singapore law

5. Schedule 5 - Service Levels: Performance metrics and service level requirements if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Singapore

Publisher

Ƶ

Cost

Free to use

Find the exact document you need

Master Intercompany Services Agreement

A Singapore law-governed agreement regulating service provision between related companies within a corporate group.

Download

Intragroup Loan Agreement

A Singapore law-governed agreement facilitating loan arrangements between entities within the same corporate group.

Download

Intercompany Reimbursement Agreement

A Singapore law-governed agreement establishing cost reimbursement terms between related companies.

Download

Inter Company Agreement On General Insurance Business

A Singapore-law governed agreement establishing terms of cooperation between insurance companies for general insurance business operations.

Download

Intercompany Recharge Agreement

A Singapore-law governed agreement regulating cost allocation and service charges between related group companies.

Download

Intercompany Administrative Services Agreement

A Singapore law agreement governing the provision of administrative services between related companies, ensuring regulatory compliance and defining service terms.

Download

Intercompany Shared Services Agreement

A Singapore law-governed agreement regulating shared services arrangements between related companies within a corporate group.

Download

Intercompany Lease Agreement

A Singapore-law governed lease agreement between affiliated companies, incorporating transfer pricing and corporate governance requirements.

Download

Intercompany Assignment Agreement

A Singapore law agreement managing temporary employee assignments between related companies, addressing employment terms and compliance requirements.

Download

Intercompany Cost Sharing Agreement

A Singapore-law agreement governing the allocation and sharing of costs between related entities within a corporate group, compliant with local transfer pricing regulations.

Download

Intercompany Settlement Agreement

A Singapore law-governed agreement that formalizes settlement arrangements between related companies within the same corporate group.

Download

Intercompany Asset Transfer Agreement

A Singapore law-governed agreement facilitating the transfer of assets between related companies within the same corporate group.

Download

Inter Company Loan Agreement

A Singapore law-governed agreement establishing terms for loans between related companies, including interest rates, repayment terms, and regulatory compliance requirements.

Download

Intercompany Revolving Loan Agreement

A Singapore law agreement establishing a revolving loan facility between related companies within the same corporate group.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it