Common Contracts
1 similar Agency Agreement contracts
Commercial Agency AgreementAgency Agreement • July 24th, 2020
As in (most) other countries of the European Union, the Act of April 13, 1995 regarding Commercial Agency Agreements is an implementation into national law of the EU Council Directive 86/653 of December 18, 1986 on the coordination of the laws of the Member States relating to self-employed commercial agents. As in those other countries of the EU, a commercial agent is a person or legal entity who, on a regular basis and for remuneration, acts on an independent (non-employed) basis in the solicitation and negotiation, and in some cases, the conclusion of commercial contracts for, on behalf of and for the account of the principal. There are, however, two important differences between the EU Directive and the Belgian Agency Act. The first difference is that the Belgian Agency Act applies not only to agents promoting or concluding a sale of goods, but also to agents promoting or concluding the “sale” of services. Second, care must be taken, in the case of a natural person-commercial agent,
