Sales Representative in Ukraine
Using a Commercial Agent
- The Advantages
- Sales are accelerated and there is less stockage by going through a commercial agent, you also have direct contact with the clientele and enjoy the advantages of the agent's knowledge of the market.
- Elements of Motivation
- The main motivating factor for the agent is his commission.
- The Average Amount of Commission
- The commission amount is negotiated when contracting and depends on the task.
- Breach of Contract
- The agent has to be notified one month prior to the termination date of the contract.
- Finding a Commercial Agent
Setting Up a Commercial Unit
- The Advantages
- Decision are taken by the parent company, thus simplifying the subsidiary's operation. Ukranian legislation does not impose a minimum size in order to open a subsidiary. It is in the interest (commercial and financial) of foreign companies exporting to the Ukraine to open a branch office.
- Where to Be Vigilant
- The subsidiary has to deal with a complex and rigid law, which as a precaution, leads to getting in touch with lawyers in order to ensure the proper formation of the company, in terms of legality.
- Different Possible Forms of Settlement
- A Representative Office
- Since a representative office cannot sign a contract in its name, nor do any marketing or distribution of its products, the opening of a branch office is the foreigner's preferred solution.
- A Company
- It is necessary to register the subsidiary at the Ministry of Economy (cost: approximately UAH 15,000).
- Evolution of the Sector
- To be franchised is very common in the Ukraine. It is the most sought after type of company formation. A fair on franchises takes place every year. For more information on the rights regarding franchise, you can consult the HG.org website.
- Some Big Franchises
Specialized franchise consultancy for Central and Eastern European countrie.
Franchise gateway in the Ukraine
Comprehensive gateway of franchises in the Ukraine
- For Further Information
The Civil Code
The Commercial Code of Ukraine
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