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Category: german law

Commercial law, Agent law, Business law

German agency agreement

Agency Agreement   between the company ………………………. (name of the company and location of the headquarter)   – hereinafter referred to as company – and Mr. / Company ……………………………. (name of the sales representative, address)   – hereinafter referred to as commercial agent-   § 1 Legal status of the commercial agent The commercial agent acts…
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Commercial agent compensation

The commercial agent may have the right for a settlement claim at the end of the contractual agreement. This settlement represents the compensation for services provided by the commercial agent, which also have a beneficial effect on the entrepreneur after the contractual relationships has ended. The appropriate compensation therefore related to expected sales to the…
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Commercial agent law in Germany

Characteristics of a commercial agent/sales representative Sections 84 to 92c of the German Commercial Code (HGB-Handelsgesetzbuch) regulate the rights and obligations of the commercial agent and the company represented. According to section 84 HGB, a commercial agent is the person entitled in representing an independent trader, mediating with other entrepreneurs or finalizing businesses on its…
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German Commercial Law

Commercial law concerns all the relations between business partners. The most important legal regulation in Germany is the commercial code (Handelsgesetzbuch – HGB). In every business negotiations, HGB applies. Many questions of interpretation are also solved and regulated by the statute law, commercial practice and trade customs. German commercial law has been heavily influenced by…
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