Agents, distributors, and franchises are three popular ways in which a business can expand without considerable outlay.
The Agency Agreement sees the business appoint a third party to act on its behalf, marketing and selling its products and services. The Distribution Agreement, by contrast, sees the ownership of goods transferred to the distributor prior to their ultimate sale.
A Franchise Agreement is also provided under which the owner of a business will effectively license their business to others thus spreading their corporate identity and products or services without the expense of setting up new establishments.
At The Corporate House, we can advise and execute on types of agreements when it comes to doing business in the UAE and regionally.