Franchising Contract in Romania
Franchising is expressly governed by Ordinance no. 52/1997 ("Ordonanţei Guvernului nr. 52/1997 - regimul juridic al francizei"), which defines franchising as a distribution system based on continuous collaboration between natural or legal persons, financially independent, on the basis of which a person, called "franchisor", grants another person, called "franchesee", the right to manage or develop a business, product, technology or service (art. 1). The franchisor has a general information obligation, namely to provide the future franchisee with all the information necessary for him to actively participate in the franchise agreement. In the Romanian legal system, franchising is based on the principle of fairness, by virtue of which, following the termination of the franchise relationship, all subsequent relations between the parties are based on the common rules of fair competition. However, the franchisor retains the power to impose certain obligations on the former franchisee aimed at protecting their business.
SERVICES OFFERED IN ROMANIA
» ESTABLISHMENT OF COMPANIES, BRANCHES AND REPRESENTATIVE OFFICES
» ACQUISITION OF INDUSTRIAL GROUPS AND DUE DILIGENCE
» DRAFTING OF CONTRACTS IN COMPLIANCE WITH LOCAL LAWS
» PROTECTION OF INTELLECTUAL PROPERTY AT ALL LEVELS
» OBTAINING LICENSES, AUTHORIZATIONS, PERMITS FROM LOCAL AUTHORITIES
» DUE DILIGENCE ON ROMANIAN COMPANIES AND, IN GENERAL, ON NATURAL AND LEGAL PERSONS
» EXTRA-JUDICIAL ASSISTANCE IN NEGOTIATIONS WITH HIGH PROFILE LEGAL LEGALS IN ROMANIAN AND ITALIAN
» CREDIT RECOVERY
» JUDICIAL PROCEEDINGS BEFORE THE ROMANIAN COURTS
» WIDE RANGE OF SERVICES IN THE FIELD OF INTERNATIONAL PRIVATE LAW
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