According to relevant laws and regulations, intangible assets include trademark right, patent right, non-patented technology, land use right, copyright and franchise right. Franchise is a privilege granted by authority to individuals or legal entities, and it is a special tangible intangible asset. Franchise, as one of the intangible assets of enterprises, plays an important role in the production and operation of enterprises; According to the definition of intangible assets, franchising is intangible assets.
The characteristics of the concession are as follows:
1, the individual (legal person) owns the ownership of trademarks, service marks, unique concepts, patents, business know-how, etc.
2. The obligee authorizes others to use the above rights;
3. The authorization contract contains some control clauses to guide the franchisee's business activities;
4. Franchisees need to pay royalties and other fees.
Concessions include:
1, production franchise. The franchisee invests in the construction of a factory or uses the franchisor's trademark or logo, patent, technology, design and production standards to process or manufacture licensed products, which are sold by dealers or retailers, and the franchisee does not directly deal with end users (consumers);
2. Product trademark license. The franchisee uses the franchisor's trademark and retail methods to wholesale and retail the franchisor's products;
3. Franchise business model. The franchisee uses the franchisor's trademarks, trade names, corporate logos and advertisements, and operates in full accordance with the single-store business model designed by the franchisor.
To sum up, there are many kinds of assets of enterprises. For example, tangible assets intangible assets tangible assets are those assets with specific images, such as houses and cars, which belong to tangible assets, while intangible assets have more types. Franchising means that investors license their trade names, trademarks, service marks and trade secrets to operators under certain conditions, allowing them to engage in the same business as the licensor in a certain area. Franchise can be regarded as an intangible asset and accounted for in intangible assets.
Legal basis:
Article 27 of the Company Law of People's Republic of China (PRC)
Shareholders can make capital contributions in currency, or in kind, intellectual property rights, land use rights and other non-monetary properties that can be valued in currency and transferred according to law; However, except for the property that cannot be used as capital contribution as stipulated by laws and administrative regulations.
Non-monetary property as capital contribution shall be evaluated and verified, and its value shall not be overestimated or underestimated. Where there are provisions in laws and administrative regulations on evaluation and pricing, those provisions shall prevail.