Puerto Rico Area Representative Agreement

State:
Multi-State
Control #:
US-2-04-STP
Format:
Word; 
Rich Text
Instant download

Description

This form appoints a person to act as a representative for the franchisor within a certain area.
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FAQ

Someone in your organisation may need a certificate of good standing as part of an application to qualify in another jurisdiction. This is evidence that they are eligible to practice as a solicitor of the Senior Courts of England and Wales.

You can get a certificate of good standing from the business filing agency in your state. In many cases, this is your Secretary of State office (or one of its subdivisions). However in some cases, you'll need to find the equivalent agency that's responsible for filing entities and maintaining state records.

Business name and registration Register your business name with the local government where your business is located. If you are a corporation, you will also need to register with the Department of State in Puerto Rico, or with the Department of Corporations and Trademarks in the U.S. Virgin Islands.

Law 75 is liberally interpreted in favor of those who carry out distribution activities, Act 75 prohibits termination or non-renewal of a dealer's contract without ?just cause,? regardless of any contract provision permitting termination.

To obtain a Certificate of Good Standing the company must be compliant with all filed annual reports must be filed with the Puerto Rico Department of State.

Annual reports must be filed electronically by accessing the Department of State website at .estado.pr.gov. A $150 annual fee is payable when filing the report. The payment method is a major credit card or any other method provided at the Department of State website.

In order to obtain PCC from Puerto Rico, applicant should write an application letter explaining why PCC is being requested. The Puerto Rico Police requires a complete set of fingerprints in order to issue the clearance Certificate.

A principal may be surprised to learn that, under Art. 2 of Act 75, it may neither terminate nor refuse to renew a dealership upon its expiration, except for ?just cause?. Failure to have just cause entitles the dealer to recover significant damages and penalties from the principal.

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Puerto Rico Area Representative Agreement