Five FAQs about international trade law

How does international trade law affect my business?

If your business imports or exports any goods, you must be fully aware of the international trade laws. An international trade solicitor is vital to advise on excise duty, VAT, trade tariffs and embargoes. And if you trade with EU and non-EU countries, your solicitor will be even more vital as trading laws are different in these regions.

Does international trade law affect my online business?

The most important piece of legislation you should be aware of is the Distance Selling Regulations. Your commercial solicitor will be able to explain how these regulations govern all businesses that trade on the Internet. In addition, your commercial solicitor can help with any litigation that is brought from customers in other countries. The local trade laws of these countries must also be taken into consideration.

How are disputes between international companies handled?

Any business that has trading partners in another country could enter into a dispute with these companies for one of a wide range of reasons. It is critical to have the advice of an international trade solicitor if your company is in dispute. Your solicitor can also explain how the New York Convention could impact on any international arbitration that takes place.

Can I sue an overseas company for breach of contract?

International trade solicitors should have drafted any contracts you have with your international trading partners. If you think that the other party has breached a term of the contract, you could sue for damages. Your solicitor will assess the alleged breach and advise you on which course of action you should take.

Why should I engage an international trade solicitor?

Because international law can be highly complex, your international trade solicitor will be invaluable to your company. Drawing up contracts, settling disputes and negotiating commercial partnerships all have a legal component and should all be carried out by qualified and professional international trade law experts.

If you would like to obtain legal advice on international trade law, Contact Law can put you in touch with a local international trade law solicitor free of charge. So, if you have any questions or would like our help in finding local international trade law solicitors please call us on 0800 1777 162 or complete the web-form above.