Franchising regulations in Romania are much the same as in other countries, basically granting the franchisee the right to operate or develop a business, product, technology or service. The contract, generally called a Franchising Agreement, reflects the interests of the members of the franchise network, and protects the franchiser’s industrial or intellectual property rights by maintaining the common identity and reputation of the franchise network. The franchising agreement must define, free of any ambiguity, the obligations and liabilities of all the parties, and must contain clauses covering the following elements: object of the contract, rights and obligations of the parties involved, financial clauses, contract duration, clauses related to amendment, extension, and cancellation of the agreement.
