- Commercial agents are independent entrepreneurs.
- Commercial agents are entrusted with arranging the sale goods or concluding transactions in the name of and on behalf of the principal.
Definition of the term self-employed Commercial Agent in the Federal Austrian Law on Commercial Agents:
- "A Commercial Agent shall mean a person who has been continuously entrusted by another person (hereinafter called the „Principal") to negotiate or conclude business, unless concerning immovable property, on behalf of and in the name of the Principal and who performs this activity on a self-employed and commercial basis."
The Federal Austrian Law regarding the legal status of self-employed Commercial Agents you may find here.