Document background
The Consignment Agreement For (Retail) is a crucial document for businesses operating under Danish law who wish to establish a consignment selling arrangement. This agreement is particularly relevant when suppliers want to maintain ownership of their goods while leveraging retail partners' sales channels and market presence. The document addresses key aspects such as inventory control, commission structures, sales reporting, and risk management, ensuring compliance with Danish commercial law, consumer protection regulations, and VAT requirements. It's commonly used in retail sectors where inventory value is high or where suppliers want to maintain greater control over their products while benefiting from retail exposure. The agreement provides protection for both parties by clearly defining responsibilities, payment terms, and procedures for handling consigned goods.
