Two contract International deals. I have one word for them. Don't. If you feel you are being led down a complicated multi-contract or multi-company deal or structure path, you should stop, look, think, and get help from someone interested in helping and protecting you, not in creating complications to profit from you or to try to prevent criminal prosecutions.
Due diligence is an investigation of a business or person prior to entering a contract. It often involves a comprehensive appraisal to establish assets and liabilities or to evaluate commercial potential. Though due diligence is important anywhere, it is especially important when dealing with companies in countries where things are often not what they seem and where the legal system is less than ideal.
Doing business in or with Taiwan is likelier to get tougher for those who also do business in or with China. As China ramps up its attempts to pressure and intimidate Taiwan, we expect it to expand the scope of what is unacceptable cooperation with Taiwan's government. If political donations to Taiwan's governing party are verboten, why not paying taxes? Or establishing a company in Taiwan? Or selling equipment to Taiwan's military? Or even simply doing business in or with Taiwan?
The International Shipping and Logistics Crisis. U.S. Federal Maritime Commission (FMC) Commissioner Carl Bentzel discusses what we should expect in the future and what we can and should we be doing to resolve this crisis.
There have always been benefits to international licensing, but the benefits of international licensing have increased due to COVID. and too many business owners miss the opportunity to generate revenue and increase their business' value by licensing their technology internationally.
Is your Company Sufficiently Diversified? Is your company "too" dependent on China for its products or its sales? What are you doing about it?
Common factors used for choosing a location for an international business.
The Five keys to succeeding in a foreign country.
How to protect your data and your trade secrets when traveling internationally.
In two recent posts, How To Succeed When Taking Your Company Overseas and Do I Always Need to Form a Company in a Foreign Country?, I discussed some common issues companies need to wrestle with when deciding whether and how to take their company overseas. Among those are the pitfalls of having a foreign entity
