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19/08 12:00 EBA Franchising WG Round Table

met at the EBA office in Kyiv to gather key franchising experts representing the business sector as well as state authorities. The participants discussed the Draft Law on  State Registration of Commercial Concession (franchising) Agreements to be elaborated by the State Department of Intellectual Property (hereinafter - SDIP) in collaboration with the EBA Franchising Working Group members.

Thus, the attendees managed to reach a consensus regarding the following burning issues:
- types of commercial concession agreements to be registered without fail in the SDIP and respective amendments to be introduced to the Civil code and Economic Codes of Ukraine;
- obligatory state registration of commercial concession agreements in view of the further state registration of sub-concession agreements;
- state registration of franchising agreement termination;
- publication of commercial concession (sub-concession) agreements, registered in the SDIP.
Therefore, the participants agreed to elaborate and finalise the Draft Law including all EBA and SDIP comments and proposals and organise the next round table focusing on the final version of the above document in September 2008.



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