Foreign Economic Activity

Legal support and Legal counseling

Foreign economic activity is the basis of the modern international economy including the supply of goods and services, joint activities, international projects, international investments, and multi-level financial transactions.

The main feature of foreign economic activity is the legal triangulation of the conditions for its implementation, considering at least three systems of law (the system of private international law and the systems of national law of at the minimum two states).

In this regard, a contract for foreign economic activity shall address all aspects of legal triangulation and ensure its execution by all parties.

Additionally, a very important element is the synchronization of documents on the implementation of foreign economic activity with the national legislation of different countries.

At the same time, the lens of legal triangulation shall notice all the main components of foreign economic activity, which include, for example:

― analysis of customs and tax procedures, rates and risks;

― analysis of licensing systems and activities of regulatory authorities in various countries, including the need to obtain licenses and other permits;

― features of the use of Incoterms;

― features of the activities of international financial organizations and national banks of different countries;

― insurance, guarantees, and dispute resolution procedures,

and much more.

In turn, lawyers and attorneys from the FOX group of companies have extensive knowledge and profound experience (since 1995) in the field of implementation and support of foreign economic activity.

We will provide highly qualified advice to private companies and government agencies along with effective support for relevant foreign economic activities.