Document background
The Franchise Development Agreement is a crucial document used when a franchisor wishes to expand their franchise network through a developer who will establish multiple franchise units within a defined territory. This agreement, governed by Belgian law, must comply with specific pre-contractual information requirements under Book X of the Code of Economic Law, which mandates a 30-day disclosure period before signing. The document outlines development schedules, territorial rights, financial obligations, and operational requirements while serving as a framework for subsequent individual franchise agreements. It's particularly important for businesses planning rapid expansion in Belgium or using Belgium as a base for European operations, as it must align with both Belgian and EU regulations governing franchising, competition, and commercial relationships.
