Common use of RIGHT OF ESTABLISHMENT Clause in Contracts

RIGHT OF ESTABLISHMENT. ARTICLE 7 Within the scope and conditions of this Agreement and without prejudice to the provisions of the relevant acts specified in Annex I, there shall be no restrictions on the freedom of establishment of nationals of an EC Member State or an ECAA Partner in the territory of any of them. Freedom of establishment shall include the right to take up and pursue activities as self-employed persons and to set up and manage undertakings, in particular companies or firms under the conditions laid down for its own nationals by the law of the country where such establishment is effected. This shall also apply to the setting up of agencies, branches or subsidiaries by nationals of any EC Member State or ECAA Partner established in the territory of any of them.

Appears in 4 contracts

Samples: Multilateral Agreement, Multilateral Agreement, Multilateral Agreement

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RIGHT OF ESTABLISHMENT. ARTICLE Article 7 Within the scope and conditions of this Agreement and without prejudice to the provisions of the relevant acts specified speci- fied in Annex I, there shall be no restrictions on the freedom of establishment of nationals of an EC Member State or an ECAA Partner in the territory of any of them. Freedom of establishment establish- ment shall include the right to take up and pursue activities as self-employed persons and to set up and manage undertakings, in particular companies or firms under the conditions laid down for its own nationals by the law of the country where such establishment is effected. This shall also apply to the setting up of agencies, branches or subsidiaries by nationals of any EC Member State or ECAA Partner established in the territory xxxxx- xxxx of any of them.

Appears in 1 contract

Samples: Multilateral Agreement

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