franchise agreements in russia
TRANSCRIPT
PowerPoint Presentation
A presentation brought to you by LawyersRussia.comFranchise Agreements in Russia
1
Company Agreements in RussiaIt is a common fact for foreign companies to conclude agreements with Russian companies.
Foreign enterprises can enter into franchise agreement or joint ventures in Russia.
Our Russian attorneys can offer information on both types of contracts.
2
Defining Franchise Agreements in RussiaUnlike in other countries, theRussian Civil Codeprovides forfranchise agreements, which are commonly known ascommercial concessions.
The similarities withfranchise agreementsconcluded in other countries reside in the fact that other laws apply when concluding this type of contract.
3
Laws Related to Franchise Agreements in RussiaAmong the laws providing for Russian franchise agreements, are theintellectual property legislation, the competition and advertising legislation and other specific laws related to the companies objects of activity.
OurRussian lawyerscan offer additional information on the provisions of the Civil Code relating tofranchise agreements.
4
The Object of a Russian Franchise ContractAcommercial concessionmust be concluded between two parties: the party conceding the rights over theintellectual property, know-how or business model and the party accepting these rights.
Russian franchise agreementscan be concluded for a finite on indefinite period of time, just like any othercontracts signed by Russian companies.
5
Elements of Russian Franchise AgreementsCompared to other countries, the Russian legislation imposes the parties entering thefranchise agreementto include several elements among which:
a trademark, copyright or patent license;details about the fee to paid;whether the contract is for a fixed term or not.
6
Drafting Franchise Contracts in RussiaSeveral amendments have been brought to Articles 1027 and 1028 in theCivil Code, the articles referring to concludingfranchise agreements in Russia.
Compared to other countries, inRussia, franchise agreementswill have a 5-year term, if the contract does not specify otherwise.
7
Registration of Franchise Agreements in RussiaAllRussian franchise contractsmust be registered with Rospatent (the Russian Trademark Office).
Rospatent will review the contract in order to make sure it complies with theIP lawsprior to registering it.
Foreign franchisorsconcluding agreements with Russian companiesmay choose their home countries legislation to govern the contracts.
8
Assistance in Drafting Franchise Contracts in RussiaIf you want tosign a franchise agreementand need assistance, ourlawyers in Russia can help you.
You can alsocontactus if you want to register a company in Russia.
9
Thank you for your attention!For more information, please contact us at:
(+44) 203-287 0408 (for international clients)[email protected]