Document background
The Confirmation Of Relationship Letter is a crucial business document used in Belgian commercial practice to formally acknowledge and document existing business relationships between parties. It serves multiple purposes, including clarifying the nature of business arrangements, supporting regulatory compliance, and providing evidence of business relationships for administrative or legal purposes. This document is particularly valuable in Belgium's business environment, where clear documentation of commercial relationships is essential for tax, social security, and regulatory compliance. The letter typically confirms details such as the relationship's nature, duration, key terms, and any specific arrangements, while ensuring alignment with Belgian legal requirements and business practices. It's commonly used when parties need to formalize their existing relationship without creating a full contract, or when documentation of a business relationship is required for third parties such as banks, government authorities, or auditors.
