Franchising Tax & Legal services require a sound understanding of the franchise business model and the challenges it presents. We can assist you in establishing and optimising your franchise operations internationally.
We have a solid understanding of the franchise business and have been involved with global brands as well as key franchise development projects. We possess a comprehensive and interdisciplinary network covering the entire franchise sector in Europe, the Middle East and Latam, allowing us to find the best solution to meet your individual requirements.
It is fundamental to understand not only the business and the financials, but the tax and legal implications of franchising.
What is a franchise?
“The term ‘franchising’ has been used to describe many different forms of business relationships, including licensing, distributor agreements and agency arrangements. In its most basic form, the term ‘franchise’ arises from the development of what is called ‘business format franchising’. Business format franchising is the granting of a license by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade as their own business under the brand of the franchisor, following a proven business model. The franchisee is provided with the rights and necessary support to run the business in the correct way, while adhering to the agreed rights and obligations.British Franchise Association
One of the most common reasons that some franchisees fail is that they do not seek the necessary tax and legal advice ahead of buying a franchise. Intellectual property advice is paramount in developing a sound franchising strategy. The specific industry must be considered as well as the territories in which they intend to operate in.
Our firm provides a wide range of services for both franchisors and franchisees. We take a clear and practical approach to our clients’ needs, ensuring that we understand the business plan and offer the best-suited solutions to meet their commercial goals.
Our services include drafting a comprehensive franchise bible which includes all the necessary contracts with special attention given to compliance and the necessary registrations.
Del Canto Chambers’ team provides in-depth counselling in transactions and regulatory matters for the complete range of the franchisor’s business and legal needs, from establishing and growing systems to managing franchiser and franchisee relationships. Our team also consists of litigators who are experienced at successfully resolving franchise disputes, whether they involve core franchise law or franchise-related litigation.