Commercial Agents

Protective Regulations

EU Regulation EU-wide regulations govern the relationship between self-employed “commercial agents” and their principals. A “principal”, under the Regulations, is a company or individual who appoints the agent .The regulations apply to both written and oral appointments.… Read the rest

Nature & Types

Overview The use of self-employed agents abroad is a long-established method of marketing and selling. The agent concludes contracts for the supply of goods and services on behalf of the exporting firm. The agent usually works on the basis of a commission.… Read the rest

Agreements

Commercial Agency Agreement An exclusive agency agreement involves the appointment by the principal of the agent for a period, for the sale of the principal’s products in a specific territory. A non-exclusive agency agreement does not provide exclusive rights for the agent within the territory concerned.… Read the rest

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