CONSIGNMENT AGREEMENT

If the supplier of a good wishes to retain ownership of the said good when it is being sold by another party, a Consignment Agreement is necessary. This document is specially created for the instance when a consigner (person or a business) entrusts goods to a middleman for the purpose of selling goods to an end customer. In this arrangement, the consigner typically does not pay the middleman until the goods are sold to the end customer. This is a good system for business owners who would like to test the market place before selling a good themselves.

Give the Hong Kong market a try and let us know how successful it is for your business!

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