Communications and technology increasingly provide solutions not only to the development of new businesses, but also to the growth of already established businesses. And in the face of continuous global development, expanding has been, in many cases, an indispensable and necessary option to avoid stagnation.
In many cases, expansion means developing international business. In this case, entrepreneurs confirm that the management of a business abroad is not the same as managing it at home.
What are the characteristics of international business?
Basically, they are transactions (that can be private or governmental), such as the sale of goods, services or investments, in which people in two or more countries participate.
International business consists of two parts. On the one hand, we have foreign trade. Which has to do with the legal framework that governs the exchange of goods and services across international borders. These are the national laws and regulations for international trade.
This is where the knowledge of an international lawyer becomes crucial.
The second part refers to international trade. Which includes commercial operations such as: import export, marketing, investments and financing, and where different countries participate and the regulations of each of the country apply.
An international law firm with legal representatives in global markets favors the viability of business outside of the country, because it has the advantage of bringing knowledge regarding local regulations.
MRK: International Lawyers
At Markowicz International Law, our team of international lawyers will be able to assist you in the expansion of your business, with our experience and network of legal experts in international business.