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Drafting international goods purchase and sale contracts is an important part of global trade transactions, helping parties clearly and accurately carry out their rights and obligations. To ensure contracts are valid and comply with legal regulations, traders need to pay attention to important legal issues during the drafting process. The article below will provide customers with the necessary information and important notes when drafting international goods purchase and sale contracts.
The subject of an international goods sale contract can be an individual or a legal entity. According to Article 385 of the Civil Code 2015, the parties to the contract must have full civil act capacity. In particular, in the case of a contract with international elements, the parties may come from two different countries and there needs to be clear terms on the rights and obligations of each party.
The subject matter of an international sale of goods contract is that the goods can be transported across borders from the seller’s country to the buyer’s country. This can include physical goods, such as raw materials, processed products, or used goods. The parties need to clearly state the type of goods, quantity, quality, and other important characteristics in the contract.
International goods purchase and sale contracts can be established in writing or other forms with equivalent legal validity, such as fax, email, or telegram. However, in large and complex transactions, the parties should choose the written form to ensure transparency and easily resolve disputes if they arise.
The rights and obligations of the parties in an international goods sale contract must be clearly defined to avoid future disputes. The parties must agree on payment method, delivery time, delivery location, as well as penalty terms for breach of contract.
When drafting an international goods sale contract, the parties need to pay attention to the following important legal factors:
Using the service of drafting international goods purchase and sale contracts from a reputable unit like Long Phan brings many benefits to businesses, including:
Long Phan provides consulting services and drafts professional international goods purchase and sale contracts. With a team of experienced consultants, Long Phan will help customers complete international goods purchase and sale contracts accurately.
Our services include:
Drafting international goods purchase and sale contracts requires extensive understanding of international law and transaction processes. To ensure your rights and avoid unnecessary disputes, you should consult consulting services from experts. Please contact Long Phan via the hotline 0906735386 for advice and support in drafting effective, safe and legal international goods purchase and sale contracts.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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