A contract is the main document used in business to conclude transactions. It is in this document that all the smallest details should be stipulated that will help you to unambiguously interpret both the subject of the contract and the obligations of the parties that arose upon its conclusion. There are no trifles when writing a contract.
What must be in the contract includes the subject of the contract, the terms of its conclusion, price, deadlines, date of conclusion and signatures of the parties.
The subject of the contract is what one of the parties is going to provide to the other. This term describes the actual meaning of the agreements entered into. In this case, the subject of the contract is what the other party provides in exchange for the goods or services provided. This is usually cash.
The text of the agreement necessarily stipulates the essential conditions for its conclusion. To them, according to Art. 432 of the Civil Code of the Russian Federation, include: conditions on the subject of the contract, conditions that are mandatory for the conclusion of this type of contract in accordance with the current legislation, as well as conditions that are set by one of the parties as mandatory to reach an agreement.
The subject of the contract is discussed above. On the second point, the type of contract should be determined: purchase and sale, transfer of ownership, contract, lease, etc. After that, you should familiarize yourself with the current laws and regulations, find out what conditions for this agreement are essential and include them in the document. With regard to the third paragraph, any party may specifically agree on the inclusion of its own conditions, which it considers essential.
The price of the contract must be indicated without fail. It is she who determines all possible compensations and fines that may arise in case of violation of the terms of the contract or the timing of its implementation. It is advisable to determine the cost of performing each stage of the contract. But at the same time, they must be clearly distinguished by the volumes, terms or services provided. And do not forget to indicate whether or not VAT is included in the indicated value of the agreement. In the event that the contract price is indicated in euros or dollars, mark in the text at what rate and on what date the conversion into rubles will be made. You have the right to settle accounts in currency only with banks.
Be sure to indicate in the contract the deadlines for completing both the entire work and its individual stages, if they are highlighted. You can also specify the due date in calendar days. And do not forget to put the date of the conclusion of the contract in the header of the document or next to the signatures of the parties. The signatures of the parties must be on all sheets of the document, which must be numbered.
