17/10/2022 10:39

Vietnam: To distinguish between Franchise đá bóng trực tiếp License in Vietnam

Vietnam: To distinguish between Franchise đá bóng trực tiếp License in Vietnam

I am about to transfer the rights to the Taiwanese milk tea brand. I am confused between franchising đá bóng trực tiếp licensing. Please help me distinguish. "Minh Anh-Hanoi, Vietnam"

1. What is Franchise? What is License?

Licensing of an industrial property object means permission by the owner of such industrial property object for another organization or individual đá bóng trực tiếp use the industrial property object within the scope of the owner's right.

Commercial franchise means a commercial activity whereby franchisors permit đá bóng trực tiếp require franchisees to undertake by themselves to purchase or sell goods or provide services on the following conditions:

+ The purchase or sale of goods or provision of services shall be conducted in accordance with methods of business organization prescribed by franchisors đá bóng trực tiếp associated with the franchisors’ trademarks, trade names, business knows-how, business slogans, business logos đá bóng trực tiếp advertisements.

+ Franchisors shall be entitled to supervise đá bóng trực tiếp assist franchisees in conducting their business activities.

2. Distinguish Franchise đá bóng trực tiếp License

- Similarities:Franchising đá bóng trực tiếp licensing industrial property objects (licensing) are similar in that both have activities of transferring the right to use intellectual property objects. there is a sender đá bóng trực tiếp a receiver.

- Differences:

Criteria

Commercial franchise

License

Đối tượng

Commercial rights (Purchase activities associated with the franchisor's trademarks, trade names, business secrets, business slogans, business logos đá bóng trực tiếp advertisements).

The right đá bóng trực tiếp use industrial property objects. In which, the subjects allowed đá bóng trực tiếp perform the license do not include geographical indications, trade names

Scope

Wider by buying đá bóng trực tiếp selling associated with trademarks, trademarks, logos, business secrets

Narrower because only the right đá bóng trực tiếp use industrial property objects can be transferred

Purpose

Holding đá bóng trực tiếp operating the business system.

Towards the value of trademarks, industrial designs, đá bóng trực tiếp useful solutions.

Types of contracts

- Franchising contract.

- Secondary franchising contract means a franchising contract signed between the secondary franchisor đá bóng trực tiếp the secondary franchisee regarding common commercial rights.

- Commercial right development contract means a franchising contract whereby the franchisor grants the franchisee the right đá bóng trực tiếp set up more than one establishment đá bóng trực tiếp do business by mode of franchising in a specified geographical area.

- Exclusive contract.

- Non-exclusive contract.

- Secondary contract.

Restrictions

- For the franchisee: Only transfer the rights đá bóng trực tiếp a third party with the consent of the franchisor.

- For franchisors: There are no restrictions on franchisors.

Restrictions on licensors (in an exclusive contract): the licensor may not transfer the rights đá bóng trực tiếp a third party for the duration of the transfer of the rights đá bóng trực tiếp the franchisor.

Support

Support initial training đá bóng trực tiếp provide regular technical assistance to franchisees to operate the franchise system properly.

There is an agreement between the two parties on the support. However, technical support is only in the form of providing documents, data, đá bóng trực tiếp professional knowledge to the licensee.

Right đá bóng trực tiếp control

The franchisor has the right to periodically or irregularly inspect the operations of the franchisee to ensure the consistency of the franchise system đá bóng trực tiếp the stability of the quality of goods đá bóng trực tiếp services.

The licensor of industrial property rights has no or only control rights when necessary đá bóng trực tiếp within a narrow scope limited by law.

Best regards!

 

Nhu Y
267


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