Document background
The Standard Consignment Agreement is a crucial document for businesses operating under Danish jurisdiction who wish to establish a consignment sales arrangement. This type of agreement is particularly relevant when a business wants to place its products with a seller without transferring ownership until the final sale to customers. The document comprehensively covers essential elements including delivery terms, storage requirements, pricing policies, commission structures, reporting obligations, and risk allocation. It ensures compliance with Danish commercial law while addressing practical business needs. The agreement is especially useful for manufacturers, suppliers, or distributors looking to expand their market presence through consignment arrangements, providing flexibility in inventory management while maintaining control over their products. For international businesses, the Standard Consignment Agreement incorporates relevant EU regulations while adhering to Danish legal requirements, making it suitable for both domestic and cross-border transactions.
