An Intercompany Cost Sharing Agreement becomes necessary when multiple entities within a corporate group share resources, services, or facilities and need to allocate the associated costs fairly and efficiently. This document, governed by Singapore law, establishes transparent methodologies for cost allocation while ensuring compliance with transfer pricing regulations and tax requirements. It's particularly crucial for multinational corporations operating in Singapore's business environment, where regulatory scrutiny of related-party transactions is increasing. The agreement helps demonstrate to tax authorities that intercompany charges are calculated on an arm's length basis and supports the group's transfer pricing position.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of participating group entities, including registration details and addresses
2. Background: Context of the agreement, group structure, and purpose of cost sharing arrangement
3. Definitions: Key terms used throughout the agreement, including Shared Costs, Cost Pool, Allocation Keys
4. Scope of Cost Sharing: Detailed description of services and costs covered under the agreement
5. Cost Allocation Methodology: Specific methods for calculating and allocating costs among participants
6. Payment Terms: Timing, currency, and method of payments between parties
7. Documentation Requirements: Record-keeping obligations and transfer pricing documentation requirements
8. Term and Termination: Duration of agreement and termination provisions
9. Governing Law: Specification of Singapore law as governing law
1. Intellectual Property Rights: Provisions regarding IP ownership and licensing when shared costs include development of intellectual property
2. Tax Compliance: Specific tax-related obligations and compliance requirements for complex cross-border arrangements
3. Dispute Resolution: Specific procedures for resolving disagreements when standard governing law provisions need enhancement
4. Exit Provisions: Detailed procedures for participant withdrawal in complex group structures
1. Schedule 1: Participating Entities: Complete list of participating group entities and their roles
2. Schedule 2: Cost Pool Components: Detailed breakdown of costs included in the sharing arrangement
3. Schedule 3: Allocation Keys: Specific allocation methodologies and calculations
4. Schedule 4: Service Level Requirements: Performance metrics and service standards if applicable
5. Appendix A: Transfer Pricing Documentation: Templates and requirements for TP documentation
6. Appendix B: Financial Reporting Templates: Standardized formats for cost reporting and reconciliation
Find the exact document you need
Master Intercompany Services Agreement
A Singapore law-governed agreement regulating service provision between related companies within a corporate group.
Download
Intragroup Loan Agreement
A Singapore law-governed agreement facilitating loan arrangements between entities within the same corporate group.
Download
Intercompany Reimbursement Agreement
A Singapore law-governed agreement establishing cost reimbursement terms between related companies.
Download
Inter Company Agreement On General Insurance Business
A Singapore-law governed agreement establishing terms of cooperation between insurance companies for general insurance business operations.
Download
Intercompany Recharge Agreement
A Singapore-law governed agreement regulating cost allocation and service charges between related group companies.
Download
Intercompany Administrative Services Agreement
A Singapore law agreement governing the provision of administrative services between related companies, ensuring regulatory compliance and defining service terms.
Download
Intercompany Shared Services Agreement
A Singapore law-governed agreement regulating shared services arrangements between related companies within a corporate group.
Download
Intercompany Lease Agreement
A Singapore-law governed lease agreement between affiliated companies, incorporating transfer pricing and corporate governance requirements.
Download
Intercompany Assignment Agreement
A Singapore law agreement managing temporary employee assignments between related companies, addressing employment terms and compliance requirements.
Download
Intercompany Cost Sharing Agreement
A Singapore-law agreement governing the allocation and sharing of costs between related entities within a corporate group, compliant with local transfer pricing regulations.
Download
Intercompany Settlement Agreement
A Singapore law-governed agreement that formalizes settlement arrangements between related companies within the same corporate group.
Download
Intercompany Asset Transfer Agreement
A Singapore law-governed agreement facilitating the transfer of assets between related companies within the same corporate group.
Download
Inter Company Loan Agreement
A Singapore law-governed agreement establishing terms for loans between related companies, including interest rates, repayment terms, and regulatory compliance requirements.
Download
Intercompany Revolving Loan Agreement
A Singapore law agreement establishing a revolving loan facility between related companies within the same corporate group.
Download
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