Document background
The Master Dealer Agreement is a crucial commercial contract used to establish and govern the relationship between companies (principals) and their authorized dealers in Hong Kong and potentially wider territories. This agreement type is essential when a business wants to expand its distribution network while maintaining control over how its products or services are sold and marketed. The document comprehensively covers appointment terms, territorial rights, performance standards, compliance with Hong Kong regulations, and financial arrangements. It's particularly important in the Hong Kong context due to its role as a major trading hub in Asia, requiring careful consideration of local commercial practices and regulatory requirements, including those under various Hong Kong ordinances governing trade, securities, and commercial relationships.
