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⚠️ Important Notice: This website is for informational purposes only and does not constitute legal advice. Under BCI rules, we are prohibited from soliciting work. No attorney-client relationship is created by purchasing this template. For specific legal advice, consult a qualified lawyer. This template covers technology licensing, SaaS, DPDP Act 2023, and cross-border data flows.
For Technology Import, SaaS, and Cloud Services
Version 1.0 — June 2026 — Bilingual (English / Español)
DPDP Act Compliance: The Service Provider shall be a Data Processor and the Customer shall be the Data Fiduciary under the DPDP Act, 2023. The Service Provider shall act only on the Customer's instructions and shall notify the Customer of any personal data breach within 72 hours .
IP Ownership: All Intellectual Property created by the Service Provider during the course of this engagement shall be the sole and exclusive property of the Customer. Under Section 17 of the Copyright Act, 1957, independent contractors retain IP rights unless a written contract expressly states otherwise .
FEMA Compliance: Payments to the foreign Licensor shall be made in accordance with FEMA regulations and shall be reported to the RBI within the prescribed timelines .
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