Every franchise must have a franchise agreement that thoroughly describes the offering made to the franchisee. This ensures the responsibilities and requirements for franchsiee and franchisor are clear and the brand is protected. Francorp will handle the drafting and finalization of all agreements in order to prepare you completely to franchise. All agreements are done under DIFC law and are recognized internationally.
Individual Franchise Agreement
Francorp will draft and submit to the client’s attorney for review and approval, a franchise agreement defining the contractual relationship between the franchisor and the franchisee. This Agreement will be developed in conjunction with input received from Francorp’s program analysis and recommendations, and will be based on current industry practice and recent developments in franchise law.
For any franchise entering the U.S. market, Francorp will draft and submit to the client’s attorney, for review and approval, the disclosure document required by the Federal Trade Commission and state regulatory agencies. This document will contain required information, arranged in the format stipulated by U.F.D.D. guidelines.
Franchise Registrations and Filings (for U.S. only)
After the client’s attorney has approved the final drafts of the franchise agreement and Disclosure Document, Francorp will prepare the franchise registration applications required by various state regulatory agencies. Applications will be based on information provided to Francorp by the client and will be submitted to the client’s attorney for review and approval. Included in these applications are materials such as the Uniform Franchise Registration Application, Supplemental Information Form, Salesman Disclosure Form, Uniform Consent to Service of Process, and Corporate Acknowledgment and Certification Page, as well as copies of advertising materials and the Disclosure Document.