Document background
The Franchise Disclosure Agreement serves as a crucial pre-contractual document in Singapore's franchising landscape. Although Singapore doesn't maNDAte specific franchise disclosure requirements, this document follows international best practices and the FLA Singapore's guidelines. It is typically provided to potential franchisees before signing a franchise agreement, containing detailed information about the franchise system, financial requirements, operational procedures, and the franchisor's business history. This document helps ensure transparency in franchise transactions and protects both parties by providing clear, comprehensive information about the franchise opportunity.
