Business Contract for the United Kingdom

Business Contract Template for England and Wales

A Business Contract under English and Welsh law is a legally binding agreement between two or more business entities, establishing their commercial relationship and mutual obligations. This document outlines the terms and conditions of the business arrangement, including scope of work, payment terms, delivery schedules, and risk allocation. It incorporates relevant statutory requirements under English and Welsh law, providing legal protection and clarity for all parties involved.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Business Contract

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Business Contract?

Business Contracts are essential documents used to formalize commercial relationships between organizations operating in England and Wales. These contracts define the rights, responsibilities, and obligations of all parties involved in a business transaction. A Business Contract typically includes detailed terms covering service delivery, payment structures, intellectual property rights, confidentiality obligations, and dispute resolution mechanisms. It serves as a crucial tool for risk management and ensures compliance with English and Welsh commercial law, providing certainty and protection for all parties involved in the business relationship.

What sections should be included in a Business Contract?

1. Parties: Details of the contracting parties including registered addresses and company numbers

2. Background/Recitals: Context and purpose of the agreement

3. Definitions and Interpretation: Defined terms and rules of interpretation

4. Obligations of the Parties: Core responsibilities and commitments of each party

5. Payment Terms: Payment amounts, schedules, methods and invoicing requirements

6. Duration and Termination: Contract term, renewal provisions and circumstances for termination

7. Confidentiality: Obligations regarding confidential information and trade secrets

8. Liability and Indemnities: Limitations of liability and indemnification provisions

9. Notices: How formal notices should be given between parties

10. Governing Law and Jurisdiction: Specification of English and Welsh law as governing law and jurisdiction

What sections are optional to include in a Business Contract?

1. Intellectual Property: IP ownership, licensing terms and protection measures - include when IP rights are involved

2. Data Protection: GDPR compliance and data processing obligations - include when personal data is processed

3. Force Majeure: Provisions for unforeseen circumstances affecting contract performance

4. Insurance: Required insurance coverage and limits - include for high-value or high-risk contracts

5. Change Control: Procedures for making changes to the contract - include for complex or long-term contracts

6. Assignment and Subcontracting: Rights to assign or subcontract obligations - include when relevant to business model

What schedules should be included in a Business Contract?

1. Schedule 1 - Services/Deliverables: Detailed specification of services or products to be provided

2. Schedule 2 - Charges: Detailed pricing structure, payment terms and calculation methods

3. Schedule 3 - Service Levels: Performance metrics, KPIs and service level requirements

4. Schedule 4 - Change Control Procedure: Detailed process for implementing contract changes

5. Schedule 5 - Form of Notice: Template forms for various notices under the agreement

6. Schedule 6 - Data Processing Agreement: Detailed data protection obligations and procedures if personal data is processed

Authors

Alex Denne

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

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Clauses
Industries

Companies Act 2006: Primary source of company law in the UK, governing company formation, management, administration, and general corporate requirements

Contracts (Rights of Third Parties) Act 1999: Regulates how third parties may enforce terms of a contract and reforms the doctrine of privity of contract

Sale of Goods Act 1979: Governs contracts relating to the sale of goods, including terms, conditions, and warranties in sale transactions

Supply of Goods and Services Act 1982: Regulates contracts for the supply of services, including implied terms about quality of service

Consumer Rights Act 2015: Consolidates consumer protection law, particularly relevant if any business-to-consumer elements exist

Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, determining which terms may be unfair or void

Misrepresentation Act 1967: Deals with false statements made before contract formation that induce parties to enter into contracts

Late Payment of Commercial Debts (Interest) Act 1998: Provides for interest to be payable on outstanding payments in commercial transactions

Limitation Act 1980: Sets time limits within which different types of legal claims must be brought

UK GDPR and Data Protection Act 2018: Regulates the processing of personal data and ensures data protection compliance in contractual relationships

Employment Rights Act 1996: Main piece of employment legislation covering employment rights and obligations if contract involves employment matters

Equality Act 2010: Prohibits discrimination and promotes equality in various contexts including business relationships

International Sale of Goods Acts: Governs international sale contracts and provides framework for cross-border transactions

UK Sanctions Legislation: Regulates business dealings with restricted parties and jurisdictions under international sanctions

Common Law Contract Principles: Fundamental principles including offer, acceptance, consideration, intention to create legal relations, and capacity to contract

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Tooling Agreement

An England & Wales agreement outlining rights and duties for industrial tooling creation, use, and maintenance.

find out more

Residential Tenancy Agreement Standard Form Of Lease

An England & Wales lease agreement establishing an Assured Shorthold Tenancy under the Housing Act 1988.

find out more

Representation Agreement

An England & Wales legal document authorizing a representative to conduct specified business activities on a principal's behalf.

find out more

Provisional Agreement

An England & Wales legal document establishing interim terms during ongoing negotiations for complex transactions.

find out more

Preliminary Agreement

An England & Wales legal document outlining preliminary terms for significant transactions or relationships before detailed negotiations.

find out more

Notary Rent Agreement

An England & Wales rental contract authenticated by a Notary Public for enhanced legal certainty and compliance.

find out more

Model Tenancy Agreement

An England & Wales legal template for residential lettings, detailing landlord-tenant obligations and compliance requirements.

find out more

Lease With Option To Buy

An England & Wales lease agreement offering tenants a future property purchase option with specified terms.

find out more

Lease And Licence Agreement

An England & Wales legal document granting property occupation and usage rights through lease and licence provisions.

find out more

Land Agreement Between Two Parties

An England & Wales legal document transferring land interests and establishing rights between two parties.

find out more

Employer Tuition Reimbursement Agreement

An England & Wales document assessing business continuity risks and strategies for operational resilience and regulatory compliance.

find out more

Contract Agreement Between Two Parties

An England & Wales agreement authorizing freight agents, detailing territory, commissions, and compliance in logistics.

find out more

Common Terms Agreement

An England & Wales contract defining freight agent duties, compensation, and compliance for international logistics operations.

find out more

Buyer Agency Agreement

A legal contract authorizing a real estate agent to represent a buyer in property transactions.

find out more

Subordination Agreement Mortgage

An English law agreement establishing priority ranking between multiple mortgage securities over the same property.

find out more

Statement Of Agreement

A formal document under English and Welsh law recording mutual understanding and agreement between parties regarding specific terms and conditions.

find out more

Rent In Exchange For Services Agreement

An English law agreement establishing terms for rent-free accommodation in exchange for specified services.

find out more

Preliminary Contract

An English law agreement setting out initial terms and conditions between parties before finalizing a detailed contract.

find out more

Catering Contract

A legally binding agreement for catering services under English and Welsh law, establishing terms between food service providers and clients.

find out more

Lease Agreement

An England and Wales-governed agreement between landlord and tenant establishing terms for property rental and occupation.

find out more

Security Agreement Form

An English law document creating security interests over assets to secure obligations owed to a secured party.

find out more

Business Cooperation Agreement

A formal agreement governing business collaboration between parties, regulated under English and Welsh law.

find out more

Terms Of Business Agreement

A legally binding agreement under English and Welsh law that establishes the core terms and conditions for business relationships between commercial entities.

find out more

Consulting Agreement

A legally binding agreement under English and Welsh law that establishes terms for consulting services between a consultant and client.

find out more

Professional Services Retainer Agreement

An English law agreement establishing terms for ongoing professional services delivery between provider and client.

find out more

Head Of Terms Agreement

A preliminary agreement under English and Welsh law outlining key terms and conditions for a proposed business transaction or arrangement.

find out more

Supply Contract Form

A legally binding agreement under English and Welsh law governing the supply of goods or services between parties.

find out more

Business Contract

A legally binding commercial agreement between business entities, governed by English and Welsh law.

find out more

Dispute Resolution Agreement

An English law agreement setting out procedures for resolving disputes between parties through mediation, arbitration, and other resolution methods.

find out more

Umbrella Agreement

A master agreement under English and Welsh law that establishes core terms for multiple future contracts between parties.

find out more

Software Agreement Contract

An English law agreement governing software licensing, usage, and maintenance terms between provider and licensee.

find out more

Professional Services Contract

An English law-governed agreement establishing terms and conditions for professional service delivery between service provider and client.

find out more

Consulting Services Agreement

An England and Wales-governed agreement setting out terms for the provision of professional consulting services between a consultant and client.

find out more

Assignment And Assumption Agreement

A legal document under English and Welsh law that transfers rights and obligations from one party to another, with the receiving party assuming associated responsibilities.

find out more

Yearly Contract Agreement

A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.

find out more

Work For Hire Agreement

A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.

find out more

Work Contract

A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.

find out more

White Label Agreement

A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.

find out more

Website Development Agreement

A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.

find out more

Website Contract

A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.

find out more
See more related templates

Genie’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; Genie’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

2 Docs LeftAccess Now