Austria - Using an Agent to Sell US Products and ServicesAustria - Using an Agent
Qualified Austrian agents and distributors exist for nearly every kind of product or service. Because of Austria’s geographic location and history, many Austrian agents and distributors sell regionally, covering markets in Central and Eastern Europe in addition to Austria.
Companies seeking distribution, franchising, and agency arrangements need to ensure that the agreements they put into place are in accordance with EU and member state national laws. Council Directive 86/653/EEC establishes certain minimum standards of protection for self-employed commercial agents who sell or purchase goods on behalf of their principals. The Directive establishes the rights and obligations of the principal and its agents, the agent’s remuneration and the conclusion and termination of an agency contract. It also establishes the notice to be given and indemnity or compensation to be paid to the agent. U.S. companies should be particularly aware that according to the Directive, parties may not deviate from certain requirements. Accordingly, the inclusion of a clause specifying that an alternate body of law be applied in the event of a dispute, will likely be ruled invalid by European courts.
For details please review this EU Directive on self-employed commercial agents at: at http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31986L0653:EN:HTML.