Franchise Business Guide - Page 5

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Terms franchisees assign its rights

Cooling off period (not less than 7 days)

Description of the mark or any other intellectual property owned by / used in connection with the franchisor in the franchise

Type & the details of assistance by the franchisor

Franchise period (at least 5 years)

Terms of the franchise renewal

Effect of termination / expiration of

Manual operation / training

Settlement of disputes in meditation

After registration obligations

Under the Franchise Act 1998, franchisors / master franchisees who are registered must submit the following documents annually: -

Annual Report

    Number / name / address the following franchise outlet:
  • Company outlets
  • Bumiputera franchise outlets
  • Non-Bumiputera franchise outlets
  • Overseas franchise outlets