Document background
The Consignment Form is a crucial document used in Dutch commercial transactions where a business or individual (consignor) wants to place goods with another party (consignee) for sale without transferring ownership until the actual sale occurs. This arrangement is particularly common in retail, art, and luxury goods sectors, where sellers may want to maintain control over their inventory while expanding their distribution channels. The document complies with Dutch law, particularly the Civil Code (Burgerlijk Wetboek) and commercial regulations, and typically includes detailed provisions about the goods, pricing, commission structures, payment terms, and responsibilities of both parties. The Consignment Form also addresses important aspects such as risk allocation, insurance requirements, reporting obligations, and VAT implications, making it essential for protecting both parties' interests in the consignment arrangement.
