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Taking the decision to export overseas is a great way of expanding your business, but comes with risk. By Stephen Greenwood, partner at Farleys
If you haven’t exported outside the UK before, here are a few legal factors to consider.
Contracts –- Delivery – where, when and how
- Payment – amounts, method and currency
- Responsibility for customs charges/clearance
- Risk mitigation, limitations of liability and insurance cover
- Disputes – which laws will be applicable and what courts will have jurisdiction in disputes.
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