Document background
The Due Diligence Engagement Letter is a crucial document used when initiating a professional services engagement for conducting due diligence investigations in Hong Kong. It serves as the formal agreement between professional service providers and their clients, typically used in contexts such as mergers and acquisitions, investments, or regulatory compliance reviews. The document must comply with Hong Kong's legal framework, including professional services regulations, data privacy laws, and corporate requirements. It outlines essential elements such as scope of work, methodology, deliverables, team structure, fees, and professional liability limitations. The letter also addresses specific Hong Kong regulatory considerations, confidentiality obligations, and data protection requirements under local law.
