Investors who want to do business in the country can start a franchise business in Liechtenstein
. This is a suitable option because it allows investors to use a business model that has already had success and has a tested and proved market strategy and approach.
Opening a franchise business
is done by concluding an agreement between the franchisor and the franchisee. One of our lawyers in Liechtenstein
can help you explore your options and determine the suitable business type and the business field in which to look for franchising opportunities.
The franchisor and the franchisee
The franchisor and the franchisee are the two parties that conclude a franchising agreement. The franchisor is the one who offers their rights, intellectual property and business know-how for sale while the franchisee is the one purchasing these rights.
The relationship, rights and obligations are determined as per the franchising agreement. The one buying the rights undertakes to establish the business as per the instructions of the franchisors and, in some cases, the agreement may limit the number of locations in which the franchisee may open the business.
Some of the rights transferred through a franchising agreement include:
- the business model: tried and tested, proved in other locations;
- trading support.
The franchisee undertakes to manage the new location as per the requirements and business model and control the activities that take place at the said location.
Our attorneys in Liechtenstein
can give you complete details about the relationship between the franchisor and the franchisee
, their rights and liabilities.
Franchising opportunities in Liechtenstein
Investors who want to start a franchise business in Liechtenstein
can begin by exploring one or more business fields. Depending on their desired location, type of company
and industry, investors will find that they have several options to choose from.
Should you require additional assistance, one of our lawyers in Liechtenstein can help you search by franchise business type or industry-specific opportunities.