Currently, the United States has 14 FTAs with 20 countries. FTAs can help your company to enter and compete more easily in the global marketplace through zero or reduced tariffs and other provisions. While the specifics of each FTA vary, they generally provide for the reduction of trade barriers and the creation of a more predictable and transparent trading and investment environment. This makes it easier and cheaper for U.S. companies to export their products and services to trading partner markets.
Category: Business Law
International Chamber of Commerce – a world business organization
ICC is a world business organization and only representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world. ICC was founded in 1919. ICC promotes an open international trade and investment…
Read More International Chamber of Commerce – a world business organization
Commercial Space Guidelines-USA 2020
The term “commercial,” for the purposes of this policy, refers to goods, services, or activities provided by private sector enterprises that bear a reasonable portion of the investment risk and responsibility for the activity, operate in accordance with typical market-based incentives for controlling cost and optimizing return on investment, and have the legal capacity to offer those goods or services to existing or potential non-governmental customers.
General Agreement on Tariffs and Trade (GATT) 1994
The provisions in the General Agreement on Tariffs and Trade, dated 30 October 1947, annexed to the Final Act Adopted at the Conclusion of the Second Session of the Preparatory Committee of the United Nations Conference on Trade and Employment (excluding the Protocol of Provisional Application), as rectified, amended or modified by the terms of legal instruments which have entered into force before the date of entry into force of the WTO Agreement;
Mandatory for sellers to spell out “Country of Origin”: Government e-Marketplace (GeM)
While for pushing the “Aatmanirbhar Bharat” the Ministry of Commerce and Industry said Tuesday the Government e-Marketplace (GeM) portal has made it mandatory for sellers to submit the country of origin while registering any new product on the online procurement portal.
The Competition Act 2002
An Act to provide, keeping in view the economic development of the country, for the establishment of a Commission to prevent practices having adverse effect on competition, to promote and sustain competition in markets, to protect the interests of consumers and to ensure freedom of trade carried on by other participants in markets, in India, and for matters connected therewith or incidental thereto.
Business and Commercial Laws in the United States of America [USA]
Banking and Credit Laws Title 31, Subtitle IV, Chapter 53 of the United States Code (Monetary Transactions) Truth in Lending Act Amendments of 1995 Truth in Lending Class Action Relief Act of 1995 Truth in Savings Act Community Reinvestment Act…
Read More Business and Commercial Laws in the United States of America [USA]
Business Laws in the United Kingdom [UK]
Banking and Credit Laws Bank of England Act 1998 Companies Act 2006 Representation of the People (England and Wales)(Amendment) Regulations 2002 Financial Services and Markets Act 2000 Consumer Credit Act 2006 Data Protection Act 1998 Consumer Credit Act 1974 (Commencement…
National electronic commerce policy
India has proposed regulating cross border data flows, locating computing facilities within India to ensure job creation and setting up a dedicated ‘data authority’ for issues related to sharing of community data.
Sole Proprietorship Business
It is a one man controlled business -one-man organisation where a single individual owns, manages and controls the business. A Proprietorship business needs no Government registration like Company or LLP and can be started with minimum capital by any Indian…
Startup business in India
An entity shall be considered as a Startup: i. Upto a period of seven years from the date of incorporation/registration, if it is incorporated as a private limited company (as defined in the Companies Act, 2013) or registered as a partnership…
Startup India Notifications
Startup India is an initiative of the Government of India[16th of January, 2016], intended for the growth of startup businesses, to drive sustainable economic growth and generate large scale employment opportunities. S.No. Action Point (As Per Action Plan) Relevent Notification…