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Master Service Agreement

What is a Master Service Agreement?

A Master Service Agreement is a contractual agreement in which two parties, a client and a service provider, agree to the terms and conditions that are to govern all long-term. transactions between them. Contracts such as these are useful in sectors that involve a large number of transactions between the provider of service as well as a customer and may include a separate statement of work for each

Advantages of a Master Service Agreement

Covers The Entire Relationship

The Master Service Agreement covers the entire relationship between service provider and customer, covering all aspects of the contract that are likely to arise. Such an agreement is beneficial to have in place before starting a long-term relationship.

Saves Time

It provides a framework to quickly negotiate agreements. Therefore, the same terms need not be repetitively negotiated for deals that are very similar to each other.

Documents required to register a Master Service Agreement.
  • Government ID proof with photo.
  • Incorporation certificate.
  • Address proof.
  • The financial statement of both companies for the past financial year.
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