Branching into the overseas market can be exciting, but it can also be fraught with new kinds of uncertainty, particularly where contracts are concerned.
So, let’s talk about one of the most important questions that you have to decide before you can even start writing a contract: What language do you want it in?
Many international businesses commonly use English-language contracts, but that’s not always the best option — for several reasons:
There are, naturally, ways that you can minimize the risks of working through an international contract. For example, you might be able to negotiate an agreement over any dispute that will put the case into an English-speaking court or neutral arbitration.
International business contracts take significant experience to get right. If your business is growing and starting to make connections overseas, it may be time to find out more about how an attorney can help.