Are you looking for Certified translation of Memorandum of Understanding ?
We at Advika Translations, translate Memorandum of Understanding from English to all foreign languages like: Arabic, German, French, Dutch, Spanish, Russian, Turkish, Chinese, Japanese, Polish, Thai and Portuguese etc. and vice versa. Our certified translations can be further used for submission to Embassies and Consulate, FRRO, Immigration Offices, Government department in India and abroad for Company Incorporation, Official, Job, Legal, Immigration and PR purposes. Our services are available in all cities and states of India and have express services available in Delhi, Mumbai, Pune, Bengaluru, Hyderabad, Chennai, Cochin, Gurugram, Noida etc.
We also help in Apostille, MEA, Attestation of MoU from Ministry of External Affair India for submission to any Embassy or Consulate in India.
What is Memorandum of Understanding?
A memorandum of understanding is
generally a type of agreement between two parties where the two parties
mutually agree to follow a particular course of action. This is in very little
cases a legally bound statement and this is what differs it from a contract. A
memorandum of understanding helps two parties come to the same page on certain terms which can also be
said to be a ‘gentleman’s contract’ in a manner. An MoU can be signed between two or more parties stating that the
terms mentioned in this document is absolutely clear and mutually agreed upon
by both of them.
What does a Memorandum of Understanding contain?
An
MoU as mentioned before is a piece
of document which states terms with regards to the understanding of involved parties and makes sure that the parties
agree to them before entering into a business
or any sort of agreement. Looking at an MoU you will find the names of the
parties involved along with certain basic details about them such as the
address or father’s or mother’s name, or in case of companies, it may contain there company registration number. This
is then followed by terms of the agreement
which both the parties have agreed on along with the date of signing this MoU.
In the end, it contains the signature of both parties along with a witness
if required.
Where is Memorandum of Understanding Used?
An MoU can either be legally
binding or can be just a formal agreement to terms without any legal course of
action. It can be utilized in numerous cases some of which are:
- Hiring
a professional :
One can use an MoU to hire a professional and to make sure
that he delivers what he has promised. You can form an MoU between the
professional and yourself and ensure that you get all the services which any professional
is promising before making the payment to him/her or an organization altogether. This way later there won’t be any
discrepancies occurring and hence no issues of trust.
- Can
be Used by NGOs
An MoU can be signed between NGO’s and investors or donators
stating the use of money donated and or telling an organization when and where
the money would be required. You will also require translation of MoU in case you
have international investors who do not speak your local language.
- Can
Be Signed Between Family Professionals:
A legally bound contract may not
come off as a good gesture if you require professional services from many family
member. Therefore in such cases, you can
have MoU between you and the member stating the services required and the flow
of payment as it will be.Types of Memorandum of Understanding
An MoU can be formulated by any
party who wishes to establish the responsibility of each member involved along
with the nature of agreement they are entering into. There is no type of MoU, however, one can definitely go an make it
a legally binding contract and or have an
agreement with no legal processes involved.
Therefore an MoU can be
effectively used in cases where terms need to be dictated clearly and to ensure
the final results are as you expected.
MoU Translation and Attestation Services
MoU serves as an important piece
of document which helps two parties do business in a clear and efficient
manner. In case you have clients from different nationalities then you will be required getting the MoU translated for them to
understand and agree to. Advika Translations can help you with to the point
translation of your document so that the ideas and terms you convey can be
understood by any party involved.
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