Commercial, Agent, Distributor

Commercial Agency Law

2. Termination of Registered Commercial Agencies

According to the latest provisions of the law, even if a time-limited contract expires, the deletion of the agency from the ministry's register will not automatically be enforced. In fact, a serious reason needs to be presented for not renewing a time-limited contract or for terminating a time-unlimited contract.

Most often a principal will only be able to withdraw from a registered commercial agency contract by paying a high compensation to the agent.