FRANCHISES IN COLOMBIA

The franchise is an agreement between the franchisor and the franchisee, in

which one is granting the other permission to use the name and likeness of an
established business, transmit expertise or provide technical assistance.

The franchises arrive to the

LEGAL REGULATIONS FEATURES
country with the increasing
latin american economic
inequality, extending 1. There is a limited
The Colombian happily during the decade relationship in time.
regulation regarding of the region. 2. Signature of a contract that
franchises is stipulated reflects the conditions.
in the commercial code. 3. Transmission by the
and as the relationship franchising company of a
in the agreement is specific know-how and a
essentially commercial, homogeneous chain image.
4. Economic compensation by
they are stipulated by
franchised companies,
books.
mutual granting of space
and temporary exclusivity.
 Therefore, we directly apply the following Examples of franchises in Colombia
books of the Commerce Code:

1. General disposition.
2. Merchants and Commercial Affairs. 1. McDonald's: The record held in Saudi
3. Commercial property. Arabia, to open five stores in 12
4. Contracts and commercial obligations. months of operation, was overruled
when the same amount of stores was
opening in the first five months in our
Some things of the regulations can be found country
2. Dunkin Do-nuts: it was creating in
in the commercial code and in the
Quincy (Massachusetts), and has
international treaties that regulate the figure
been a successful food business
around the world. A lot of delicious
coffee and donuts quickly and
Commercial code: TREATIES: Decision courteously in modern.
486 of the Cartagena 3. KFC: Since 2012, the firm
articles 10, 30, 21, Agreement
22, 23, 19, 162 Investment INT is the owner of the
Commission (CAN) KFC Franchise in Colombia. Has
presence in every major city of the
country and also in the Caribbean
The Colombian legal system, coast, which they opened recently.
international treaties are beneath the
Constitution and the Laws.