Terms & Conditions
1. Scope & Services
1.1 The services covered include but are not limited to:
-
Enterprise management consulting
-
IT consulting (including cybersecurity compliance per China's MLPS 2.0 and ISO 27001)
-
Marketing/PR planning (Advertising Law of China Art. 4 + ICC Marketing Code)
-
Financial consulting (PBOC Regulations + FATF Recommendations)
1.2 All services are defined in Statements of Work (SOWs) incorporated herein by reference.
2. Client Obligations
2.1 Provide accurate information and necessary cooperation (Civil Code Art. 509).
2.2 Obtain all required approvals for cross-border data sharing (PIPL Art. 38 + GDPR Ch. V).
3. Intellectual Property
3.1 Pre-existing IP remains owned by original party (Copyright Law Art. 11 + Berne Convention Art. 5).
3.2 Deliverables are licensed (not sold) to Client, excluding:
-
IT consulting code containing open-source components (GPL-3.0 compliance required)
-
Financial models subject to SEC/FINRA regulations
4. Data Protection
4.1 For China operations:
-
Implement Classified Protection 2.0 (CSL Art. 21)
-
Store PRC citizen data domestically unless approved for export (PIPL Art. 40)
4.2 International transfers:
-
EU: SCCs or China's Standard Contract (PIPL Art. 38)
-
US: DPA for CCPA compliance
5. Payment Terms
5.1 Fees are due within 30 days of invoice (Contract Law Art. 109). Late payments incur:
-
0.05%/day interest (China Supreme Court Guideline)
-
Suspension of services after 15 days
5.2 All prices exclude:
-
VAT (6% for consulting services) (SAT Announcement [2016] No. 23)
-
Withholding tax for cross-border payments (EIT Law Art. 37)
6. Liability & Disclaimers
6.1 Cap on damages: 12x monthly fee or RMB 500,000 (whichever is lower) (Consumer Rights Law Art. 53).
6.2 Excluded liabilities:
-
Client's failure to implement recommendations
-
Force majeure including cybersecurity incidents (CSL Art. 34)
7. Termination
7.1 Either party may terminate for:
-
Material breach (Contract Law Art. 94)
-
Sanctions affecting performance (UN Charter Art. 41)
7.2 Post-termination:
-
5-year confidentiality survival (Anti-Unfair Competition Law Art. 9)
-
Return/destruction of data per PIPL Art. 47
8. Dispute Resolution
8.1 First attempt: Mediation via Shanghai Commercial Mediation Center.
8.2 Failing mediation:
-
CIETAC Arbitration (Shanghai) for China disputes
-
ICC Arbitration (Singapore) for international matters
8.3 Governing Law:
-
PRC law for domestic contracts (Civil Code Art. 12)
-
UNIDROIT Principles for cross-border engagements
9. General
9.1 Entire agreement clause (Contract Law Art. 12).
9.2 Amendments require wet-ink signatures (Electronic Signature Law Art. 13).