Question 11: In the event that the business is affiliated with a Franchise network, what documents are required to substantiate the determination of its size?
When the company is a member of an organized and cohesive product distribution or service provision network, the submission should encompass the subsequent documentation:
- The Franchise agreement, along with pertinent executive agreements between the franchisee and the licensor.
- Responsible SME Declaration/s, endorsed with the Seal and Signature of the Chartered Accountant and the Legal Representative (outlined in APPENDIX IV - Model Declaration pertaining to SME Property Information of a Business).
- If a connection exists with other entities within the network and/or additional enterprises, all pertinent financial data for the past two (2) completed fiscal years, following the guidelines set forth in A/A 10 of Appendix II, specifically applicable to the linked or collaborative entities.