International Business Law Essay Example | Topics and Well Written Essays - 2000 words - 4

International Business Law - Essay Example Most of these laws are based on international treaties and conventions, bilateral trade agreements, bilateral tax agreements, international financial and crimes statues, various forms of economic integration, among others. It is worth noting that most of these laws are geared towards protecting investors, residents of investee countries and relevant governments from fraud, exploitations and other malpractices that can stem from illegal operations. Most laws controlling international business deal with taxation, money laundering, employee rights, the process and system of justice, competition, among others (Goode & McKendrick ,2007). International law may be defined as the body of rules that nations or states recognize as binding upon one another in their mutual relations in areas of investment trade and services. In this area some of the Sources of international law are customs, treaties, and general principles of law, resolutions and declarations of international organizations, doctrines of equity and writings of judges together with legal scholars.A company that wishes to begin operation in Germany can choose between three different legal forms under company which are ; the formation of a permanent establishment or the formation of an independent branch establishment, the formation of a German partnership and the formation of a corporation as the Ultra Educational Software Ltd.’s subsidiary. It is also possible when studying the recent rulings of the European Court of Justice for a company to use corporations from other European Member States with a good example of the English Limited Company which is very popular. It is said that more than 30,000 Limited Companies exist in the republic of Germany. Definitely may be will be exposing itself to a number of legal risks as it embarks on exporting chocolate to Germany. First of all, the company shall