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Dealing with International Partners

(@Anonymous)
New Member

I have a C-corp in CA, recently I met a person from india in a tradeshow, who is dealing with telecom services in india.

He had a few customers in USA and now they are growing amounting
$10,000.00 per month. I am low balling this to $2000 per month and max up to $10K per month.

He proposed me that I handle US customers order processing.He will sell the service and provide service to US customers remotely from India. My company will be doing order processing , credit card processing and service will be provided by this person/international company from overseas.

I have to remit 80% revenue back to him.

Pessimistic Number 24 K per Year, I keep 4.8K , remit rest
Optimistic Number 100K per year, I keep 20K, remit 80K.

I did some preliminary check about this person thru an agency.
Products,Sales & operations are genuine and legal. However a part of his operation may not be in compliance with indian telecom regulations.

I want to disassociate my company & myself from the non-compliance of the international partner with his native government regulations and reduce risk to my corporation.

Appreciate suggestions from members re. below
1. Whats the legal way to conduct business here, protecting US company from the misdeeds of an international partner?
2. Do I needs export/import licenses?
3. For remitting dollars back to him, what IRS regulations apply?

Thanks in advance
Harold

Quote
Topic starter Posted : 25/11/2004 10:19 pm
(@Anonymous)
New Member

Re: Dealing with International Partners

Business protocol for doing business abroad

This one-day seminar will show you which communication parameters can determine successful business collaboration with international clients, partners or shareholders. Emphasis is given to cross-cultural differences in business.

The program “Dealing with International Business: communication and collaboration abroad” is offered in Greek. See detailed information or download full description of the program. (.pdf, 180 KB)
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Posted : 27/04/2009 12:22 pm
(@Anonymous)
New Member

Re: Dealing with International Partners

A good tip for business people in international trade dealings is relating to your trading partner and understanding their business methods. Giving importance to that will lead you to an axiom in business relationship which is the common knowledge of and interest in language, religion, or ethnicity of your business partner. American business people that would put this into serious consideration would have an edge over others. Before venturing in an international trade, it would be valuable to have a basic knowledge of the formalities that apply to a foreign country one is about to deal with. Observance of cultural etiquette specific to the business partner’s country will show respect and care that is seldom expressed in the international business scene.
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Posted : 05/11/2009 9:47 am
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