Komisijai

Komisijai is a Lithuanian term that translates to "commissions" in English. In the context of Lithuanian law and business, komisijai refer to a form of commercial agency where an agent, known as a komisija, acts on behalf of a principal to facilitate the sale or purchase of goods. The komisija operates under a commission contract, which outlines the rights, obligations, and remuneration of both parties.

The komisija's primary role is to negotiate and conclude sales agreements between the principal and third parties. They may also provide additional services such as marketing, promotion, and logistics support. The komisija is typically compensated through a commission, which is a percentage of the transaction value or a fixed fee agreed upon in the contract.

In Lithuania, the activities of komisijai are regulated by the Civil Code of the Republic of Lithuania, which governs the formation, execution, and termination of commission contracts. The code also outlines the legal responsibilities and liabilities of both the komisija and the principal.

Komisijai are common in various industries, including real estate, automotive, and retail. They play a crucial role in facilitating trade and commerce by connecting buyers and sellers, providing market insights, and streamlining transaction processes. The use of komisijai can be particularly beneficial for businesses looking to expand their market reach or for individuals seeking professional assistance in complex transactions.