Are parties permitted to unilaterally terminate the franchising contract? If yes, then in which circumtances?
Pursuant to Article 16 of Decree No. 35/2006/ND-CP, the concerned parties are entitled to unilaterally terminate the franchising contract under certain circumstances as follows: 1. The franchisee has the right to unilaterally terminate the franchising contract in cases where the franchisor breaches its obligations specified in Article 287 of the Commercial Law 2005. 2. The […]
What contents should be contained in the franchising contract?
The franchising contract are required to be made in writing or in other forms of equivalent legal validity, and should contains the principal contents as follows: - Content of franchised commercial right. - Rights and obligations of the franchisor. - Rights and obligations of the franchisee. - Price, periodical franchise fee and […]