template

Consultancy Agreement - Company appointing an individual consultant (not using a personal service company)

by
C
Mar, 18 2022

When to use this template

  • This consultancy agreement can be used for consultants or contractors who are acting as individuals, meaning they have not set up a company to represent them. Such companies are known as PSC's or Personal Service Companies.

  • The contract defines typical commercial terms such as payment, term and termination as well as the assignment of IP to the company.

Key issues covered in this template

  • Consultant/contractor fees
  • IP ownership assigned to company
  • Payment period and method
  • Data protection
  • Term and termination
  • Consultant using a personal service company (PSC)

What to watch out for

  • Companies defined as medium and large sized, as well as public authorities need to comply with IR35 to ensure the consultant should not be treated as an employee. For more information, see: https://www.gov.uk/guidance/understanding-off-payroll-working-ir35.

  • By default, contractors own the IP of their work under UK law. However, this contract assigns the IP of their work to the company hiring them.

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Used by

Author

@chris75410632

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Genie AI
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+8 more
Technology
48%
Other
9%
Agriculture, Forestry and Fishing
8%
Consultancy
8%
Finance
5%
Media
5%
Consumer, Public & Health Services
5%
Legal Services
5%
Education
2%
Transport
2%
Energy
1%
Construction
1%
Sport & Entertainment
1%

Additional information

Business categories

Business activities

Relevant sectors

Technology

Relevant company sizes

4 - 19

Governing law

England and Wales

Language

English UK

Gender neutral

Yes