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Are you a franchisee or franchiser? There will be official regulations for the franchise sector. These will strengthen the position of the franchisee. The regulations will cover four areas:
- the exchange of information before closing the franchise contract
- changing an existing franchise contract
- the consultation between a franchiser and their franchisees
- ending a franchise collaboration
A new law will state the minimum of critical information the franchiser needs to give before the franchise contract is closed.
- entrepreneurs who are franchisers
- entrepreneurs who are franchisees
The law concerning franchises will come into effect on 1 January 2021.