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The Retail Information System (“PERBIS”) will be established by

the Ministry of Customs and Trade (“Ministry”) and the access to PER-

BIS will be granted to other relevant authorities and institutions, as well.

PERBIS shall have an on-line connection with the electronic registration

systems of the above-stated authorities and institutions. According to

LRRTArt. 5, PERBIS will also be able to grant retail business place and

work permits. These businesses may choose to submit their applications

for these permits either directly to the authorized/related institutions, or

through PERBIS. The applications directed to the authorized institutions

will be forwarded to PERBIS, accordingly. The institutions authorized

to grant permits will conduct a pre-assessment.

Following the pre-assessment procedure, affirmatively assessed

applications will be transferred to the relevant institutions within three

days from the date of application, in order for the incorporation and

opening operations to be initiated. In conjunction with this transfer,

necessary applications shall be deemed to have been made before the

related authorities and institutions. Businesses that are deemed to be

inadequate will be informed of this decision within thirty days, and

will include the grounds for this decision.

According to Provisional Article 1 adopted by the LRRT, current

business licenses will remain valid under the new system. However,

information concerning these businesses will be transferred to PERBIS

by the authorized institutions within one year following its establish-

ment. The Ministry may extend this period twice, for periods of one

year, each time.

This provision enables the incorporation operations of retail busi-

nesses to be less complicated and less costly. Additionally, this new

registration system will expedite traceability functions amongst the

businesses. Pursuant to the LRRT, Art. 4/4 and Art. 5, the procedures

and principles of the information to be processed and accessed through

PERBIS, as well as the operation procedures of this system, will be

promulgated by regulations.

Claims of Premiums and Consideration, Store Branded Products

The LRRT Art. 6 prevents large stores, chain stores, and franchise

businesses to claim premiums, or other similar claims, from producers

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NEWSLETTER 2015