Cross Border Agreement

The company decides to set up a subsidiary in Germany, what are the legal and tax consequences for both companies? In this regard, cooperation with an international business lawyer specializing in cross-border transactions is indispensable. Below are other types of cross-border transactions from my own practice: each of these types of cross-border transactions can raise a large number of legal issues on both sides. At Hallmark Solicitors, we have a wealth of experience in this area and we pride ourselves on our ability and track record to provide our clients with fast, efficient and courteous service. We regularly advise clients throughout Great Britain and are available to talk to them and provide specialist advice and manual service throughout the process. For support or to discuss one aspect of this newsletter, give us a call: A U.S. device distributor has entered into a joint venture with a German manufacturer. The joint venture became the exclusive distributor of the manufacturer`s products in the United States. We structured the joint venture as a limited company and I worked closely with the German tax advisor to structure the agreement so that no tax problems would arise later. The shareholder and the distribution agreement required careful preparation with regard to product description, territory and non-competition with regard to control rights.

Second, the cross-border transaction could be subject to broader regulatory scrutiny. In the event of a merger or acquisition, antitrust authorities may need to review the agreement, both in the United States and within the European Union. .