The general practice of agency is for the principal and the agent to sign an agency agreement, authorizing the agent to represent the agent within a certain range in buying and selling goods to third parties or handling related matters.

An agency agreement is a legal document that clarifies the rights and obligations between the principal and the agent. Its contents mainly include:

1. The names and addresses of the principal and the agent. wait.

2. The product name and specifications of the agent’s products.

3. Designated agency area.

4. Term of agency.

5. The quantity and amount of agent products.

6. Pricing methods for agency products.

7. Rights and obligations of agents.

8. The agent’s commission rate and payment method, etc.

9. The validity period and suspension terms of the agency agreement.

10. Market reporting, advertising and trademark protection.

11. Other provisions.

In my country’s import and export business, although it is customary to use agency, the use of agency in my country’s actual business is not completely consistent with the interpretation of agency laws and business practices in some countries. Therefore, when signing an agency agreement, you must pay attention to the relevant laws and business practices of certain countries as well as internationally recognized standards for agents.

Extended information:

Obligations of the underwriter

Obligations of the underwriter:

1. Commitment to use the exporter as the sole source of supply of underwritten goods

2. Commitment to purchase a minimum amount within a certain period of time

3. Provide market information and pre-sales and after-sales services

4. Protection of exporters’ trademark and patent rights.

5. The pricing method can be divided into one-time pricing and batch pricing based on the price stipulated in the agreement; pricing

6. Underwriting period and suspension clauses; fixed selling refers to the way in which exporters sign a fixed sales agreement with a fixed distributor to deliver a certain type of goods or types of goods to foreign customers for sale in a certain region and within a certain period of time.

Reference: Baidu Encyclopedia-Agent