Technically, you do not need a terms of service statement. It is not required by law, but it is generally advisable to include such terms on your website to meet the expectations and agreements between you and your users.
Some companies may even request that you provide one before you can establish a connection with them. Most of the time, site owners and users behave fairly and reasonably, making their terms and conditions information redundant. However, in unusual circumstances, such as those involving abuse, intellectual property theft, or illegal behavior, explicitly stating the terms and conditions can provide basic protections for you and your company by limiting your liability and clarifying your rights over posted content.
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