Simple Sales Contract for Hong Kong

Simple Sales Contract Template for Hong Kong

A comprehensive yet straightforward sales contract template designed for use in Hong Kong, incorporating all essential elements required under Hong Kong law for the sale of goods. This document provides a balanced framework for both parties in a sales transaction, ensuring compliance with key legislation including the Sale of Goods Ordinance (Cap. 26) and related Hong Kong commercial laws. The contract includes standard provisions for price, payment, delivery, warranties, and transfer of title, while maintaining flexibility to accommodate various types of goods and commercial arrangements. It is structured to be clear and enforceable under Hong Kong jurisdiction while remaining accessible for everyday business use.

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What is a Simple Sales Contract?

This Simple Sales Contract is designed for use in Hong Kong business transactions where parties need a clear, legally sound agreement for the sale of goods. It is particularly suitable for straightforward commercial transactions where the primary focus is on basic sales elements such as price, delivery, and transfer of ownership. The document incorporates requirements from Hong Kong's Sale of Goods Ordinance and related commercial legislation, making it appropriate for both business-to-business and business-to-consumer transactions within Hong Kong's jurisdiction. While comprehensive enough to protect both parties' interests, this Simple Sales Contract remains accessible and practical for regular business use, avoiding unnecessary complexity while maintaining legal effectiveness. It is commonly used for one-time purchases, routine supply arrangements, and standard retail transactions where a more complex agreement is not required.

What sections should be included in a Simple Sales Contract?

1. Parties: Identifies and provides full details of the seller and buyer, including registration numbers for companies

2. Background: Brief context of the transaction and relationship between the parties

3. Definitions: Defines key terms used throughout the agreement

4. Sale and Purchase: Core agreement for the sale and purchase of goods, including basic description and quantity

5. Price and Payment: States the purchase price, payment method, and payment schedule

6. Delivery: Specifies delivery terms, timing, and location

7. Title and Risk: Determines when ownership and risk in the goods passes from seller to buyer

8. Warranties: Basic warranties about the goods' quality, fitness for purpose, and conformity with descriptions

9. Termination: Circumstances under which the contract can be terminated and the consequences

10. Governing Law and Jurisdiction: Specifies Hong Kong law as governing law and Hong Kong courts' jurisdiction

11. Entire Agreement: Confirms the contract represents the entire agreement between parties

What sections are optional to include in a Simple Sales Contract?

1. Inspection and Acceptance: Used when the buyer needs a formal process to inspect and accept the goods

2. Insurance: Include when specific insurance requirements are needed for high-value goods

3. Intellectual Property: Required when the goods involve intellectual property rights or licenses

4. Confidentiality: Include when sensitive information will be exchanged during the transaction

5. Force Majeure: Add for longer-term supply arrangements or when dealing with manufacturing/international trade

6. Return Policy: Include for retail contracts or when specific return terms are needed

7. Dispute Resolution: Add when parties want to specify mediation or arbitration before court proceedings

What schedules should be included in a Simple Sales Contract?

1. Schedule 1 - Specification of Goods: Detailed technical specifications, quantities, and descriptions of the goods

2. Schedule 2 - Price List: Detailed pricing information, especially if multiple items or pricing tiers exist

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations, particularly for multiple deliveries

4. Appendix A - Quality Standards: Specific quality requirements or standards that the goods must meet

5. Appendix B - Return Procedures: Detailed procedures for handling returns or rejections of goods

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

Hong Kong

Publisher

Genie AI

Document Type

Security Agreement

Cost

Free to use
Relevant Industries

Retail

Manufacturing

Distribution

E-commerce

Consumer Goods

Electronics

Textiles

Food and Beverage

General Merchandise

Import/Export

Small Business

Wholesale Trade

Light Industrial

Consumer Products

Local Commerce

Relevant Teams

Legal

Procurement

Sales

Operations

Commercial

Supply Chain

Retail Operations

Business Development

Compliance

Contract Administration

General Management

Relevant Roles

Procurement Manager

Sales Manager

Business Owner

Contract Administrator

Commercial Manager

Purchase Officer

Sales Executive

Legal Counsel

Operations Manager

Supply Chain Manager

Retail Manager

Business Development Manager

Company Secretary

Compliance Officer

General Manager

Industries
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

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