Engagements › Cobalt Bay Resorts › Draft agreement: Group management services
Draft Agreement From The Policy
Group management services. Every clause is drafted from the transfer pricing policy and the functional analysis, and says where it came from. Anything the file does not settle is left open, in brackets.
Shared services agreement
Between Cobalt Bay Resorts Holdings Ltd (the Provider) and Cobalt Bay Hotels Hellas S.A. (the Recipient).
Source: Transaction record
1. The services
The Provider supplies the services described in Schedule 1. The Recipient decides which services it orders; the Provider decides how they are delivered.
Source: Functional analysis: who decides what and how
2. Remuneration
The Recipient pays the Provider's costs of the services plus a mark-up of 5.00% on those costs.
Source: Group transfer pricing policy §2
3. Payment
Invoices are payable within 30 days.
Source: Group transfer pricing policy
4. Risks
[to be agreed: no risk analysis in the file]
Source: Functional analysis, risks · open point
5. Arm's length
The parties intend the terms to be at arm's length and will adjust them if a review shows they are not.
Source: OECD Guidelines 1.6; Income Tax Law s.33(6)
6. Term and law
Effective from 1 January of the year; [term, termination and governing law to be agreed by the parties].
Source: Not in the file · open point
Sign-Off
ReviewedVerifiedConfirmedRests on, not yet confirmed: Functional analysis: Group management services.
Next: Reviewed, by a team member. Choose a person under View As to sign.
Evidence still outstanding: Bank facility letter and any guarantee fee correspondence, due 30 Oct 2026 — 8 days overdue.
Evidence still outstanding: Accounts for 2025, Cobalt Bay Resorts Holdings Ltd, due 20 Nov 2026 — in 13 days.
Signing is still open: say in what you looked at how the conclusion stands without it.
Hash
Content hashcc4e94ebf706 · a change to it reopens every sign-off