Document background
The Sourcing Fee Agreement is essential for businesses engaging external expertise for procurement and sourcing activities in Belgium. This document is typically used when a company seeks to formalize its relationship with a sourcing agent or procurement consultant who will identify, evaluate, and secure suppliers, products, or services on their behalf. The agreement, governed by Belgian law, specifically addresses fee structures, performance metrics, and service scope while ensuring compliance with Belgian commercial intermediary regulations and tax requirements. It's particularly relevant for international trade relationships and cross-border procurement activities where Belgian jurisdiction applies, providing clear guidelines for compensation, responsibilities, and deliverables in the sourcing relationship.
