
Does the Franchise Act impact your business?
Are you a franchisor or franchisee? Is your business, or part of it, located in the Netherlands? If you answered yes to either of these questions, you will now have to deal with the Franchise Act, which came into effect in the Netherlands on 1 January 2021 (“Franchise Act”).
As from 1 January 2021, all franchise agreements will need to be drafted in line with the Franchise Act. However, a transitional period of two years applies for existing agreements that have been concluded before 1 January 2021 with an expiry date later than 31 December 2022.
Read our update for a short overview of some important changes under the Franchise Act and information on when you need to make amendments to existing agreements.
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