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Showing posts with the label Toll manufacturing contract

Several common types of contract: Toll manufacturing contract

Content The 2005 Law on Commerce The 2015 Civil Code Contract form - Written. - Other forms of similar legal value No specific regulations on this shall be applied. Contractual subject matters - All of commodities may be processed or toll-manufactured, except for those which are prohibited for business purposes. In the case of processing or toll manufacturing of commodities which are consumed abroad by foreign traders, processing or toll manufacturing of commodities prohibited for business, export or import purposes may be licensed by competent authorities. Items to be processed or toll-manufactured shall be pre-determined by referring to their samples, in conformity with standards agreed upon between parties or specified by laws. Rights and obligations of the customer - Provide a part or full of raw materials or other input products under terms and conditi...