Regardless of where a company is conducting business, the company must comply with generally applicable laws, such as those laws related to taxes, truthfulness, and safety, as well as industry specific laws. When it comes specifically to manufacturing, the company must comply with laws related to employment, intellectual property, government subsidies, fair pricing, consumer product
Minnesota International Business and Transactions
Doing business internationally isn’t easy. Different languages, business cultures, and legal and political systems are just a few of the unique challenges involved. Experience with international transactions and markets is key, and having a lawyer and advisor with that experience can make a world of difference. Our attorneys not only have that experience, but also the business mindset to help you create a strategy and achieve goals as quickly, efficiently, and effectively as possible.
Contracts & Other Agreements
The reality of doing business internationally is that a contract that works well in the US, may not work so well in other countries with different legal systems. That should be obvious, and yet some contracts drafted on behalf of US companies fail to appreciate that crucial point, with potentially serious consequences for the client. Understanding the best and most practical way to account for differences in the country of a potential business partner helps to achieve the intent of any written agreement, as well as helping to prevent future problems.
For many companies, protecting their intellectual property is a critical factor in deciding whether to do business in another country. What are the practical risks involved, and how can those risks be addressed? We can help you assess those risks, and if it makes sense to do business in a particular country, how best to minimize that risk as much as possible.
Government & Regulatory
Keeping track of applicable foreign and international laws and regulations, in addition to their US counterparts, can be daunting. Just one example that has gained recent attention is greater enforcement of China’s Anti-Corruption laws, and their potential application alongside the US Foreign Corrupt Practices Act (FCPA). Our attorneys will assist you with enacting a compliance system to deal with prospective liability under all applicable law and reduce the risks associated with non-compliance.
CONTACT AN INTERNATIONAL BUSINESS AND TRANSACTIONS ATTORNEY
We are happy to work with companies of all sizes that are interested in doing business internationally. However, before you provide us with confidential information, please contact us to verify that we do not have a conflict of interest. After we confirm that we can represent you, we would be happy to discuss your circumstances, your business goals and any related issues, and how we can potentially assist you in achieving those goals.
International Finance Checklist
There are many options available to a company that would like to obtain financing to engage in international business transactions. The following checklist is meant to provide a company’s decision maker with more information on the steps that need to be taken to thoroughly evaluate these options. Although each company has its own needs and
Business Deals with China: Legal Tips to Avoid Trouble
This article outlines how to avoid some pitfalls for United States companies transacting business with companies in China. These deals may involve buying, selling, manufacturing, distribution, partnerships, or establishing a branch of your company operations in China. Presented here are a few of the most basic considerations when conducting business with a company based in
Office of Foreign Assets Control (OFAC)
The Office of Foreign Assets Control (OFAC) is in charge of administering and enforcing United State’s economic sanctions. A sanction is when a country imposes a penalty upon another country, company, or individual. The United States issues sanctions based on its foreign policy and national security interests. Each sanction is different and has its own
E-Commerce: Changing the Way Business is Done with China
E-commerce has become an increasingly important part of doing business with China, both in terms of sourcing goods from Chinese manufacturers as well as selling to Chinese consumers. The incredible growth in online commerce in China got a lot of attention with the record-breaking $25 billion IPO of China e-commerce giant Alibaba on the NYSE
Immigrant Investors: The EB-5 Program
The primary focus of the EB-5 program is the creation of jobs in the US, but it also represents an appealing opportunity for many foreign investors and their family members who wish to live, work, and/ or study in the US. Put simply, the EB-5 Immigrant Investor Program can offer a “win-win” situation where the
China as the World’s Consumer
China is now the world’s largest economy, and has become a huge and important market for many businesses. In 2013 Minnesota exports to China totaled $2.5 billion, ranking second to Canada. It is the world’s most populous country, and with a population of over 1.3 billion people represents a full 20% of the world’s population.