Document background
The Agency And Distribution Agreement is a crucial document for businesses seeking to expand their market presence in Singapore and surrounding regions. It establishes the legal framework for appointing agents or distributors to represent products or services, defining crucial elements such as territory rights, performance expectations, and compensation structures. This agreement is particularly important in Singapore's business environment, where it must comply with specific local regulations including the Civil Law Act, Competition Act, and relevant trade regulations. It serves as the primary instrument for managing principal-agent relationships and distribution networks while protecting both parties' interests.
