International Legal Services
An International Business & Trade Law Practice
Dispute Resolution - Agreements - Negotiations
An International Business & Trade Law Practice
Dispute Resolution - Agreements - Negotiations
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FOREIGN CORRUPT PRACTICES ACT
The Foreign Corrupt Practices Act (FCPA) makes illegal anything of value provided to a government official in another country for the purpose of obtaining or retaining business. This applies to any U.S. entity, and most foreigners with any presence or ties to the U.S.
For publicly-traded companies, additional provisions apply to the accounting for any such payment or consideration.
Anyone doing business in another country must take steps to ensure that any actions on their behalf, whether by their employees or agents, are in compliance with the FCPA.
INTERNATIONAL FRANCHISING
U.S. firms offering franchises domestically are aware of the disclosure requirements by the various states. Similarly, most countries have registration, disclosure, and other laws relating to the offering of franchises.
INTERNATIONAL TRADE (IMPORT-EXPORT)
Transactions involving the international sale of goods are subject to documentary requirements, possible tariffs, licenses, and payment terms, including Letters of Credit.
OVERSEAS DISTRIBUTION AGREEMENTS
Any agreement with an overseas firm must be well written to adequately define the relationship with the foreign company, and to protect the U.S.. firm against later claims that there existed an employment agreement. Other areas of importance are provisions relating to termination, dispute resolution, intellectual property protection, etc.
The Foreign Corrupt Practices Act (FCPA) makes illegal anything of value provided to a government official in another country for the purpose of obtaining or retaining business. This applies to any U.S. entity, and most foreigners with any presence or ties to the U.S.
For publicly-traded companies, additional provisions apply to the accounting for any such payment or consideration.
Anyone doing business in another country must take steps to ensure that any actions on their behalf, whether by their employees or agents, are in compliance with the FCPA.
INTERNATIONAL FRANCHISING
U.S. firms offering franchises domestically are aware of the disclosure requirements by the various states. Similarly, most countries have registration, disclosure, and other laws relating to the offering of franchises.
INTERNATIONAL TRADE (IMPORT-EXPORT)
Transactions involving the international sale of goods are subject to documentary requirements, possible tariffs, licenses, and payment terms, including Letters of Credit.
OVERSEAS DISTRIBUTION AGREEMENTS
Any agreement with an overseas firm must be well written to adequately define the relationship with the foreign company, and to protect the U.S.. firm against later claims that there existed an employment agreement. Other areas of importance are provisions relating to termination, dispute resolution, intellectual property protection, etc.
©2007-2008 - International Legal Services - 321 Main St. - Farmington, CT 06032 - USA
Phone: 800-824-7912 - email: contact@intl-legal.com
Phone: 800-824-7912 - email: contact@intl-legal.com