Question: My company sells electronics parts to mostly US customers. Our parts are delivered to our customers’ contract manufacturers, almost exclusively located in Asia. Our standard Incoterm is FCA (our origin) with title and risk passing to customer upon tender the items to the customer’s shipper of choice in our city of origin (which is […]
Question: We have a two-tiered saes transaction where our US entity buys from a manufacturer in China under FCA-Port of Export INCOTERMs. The US entity sells the material to a related party in the EU under DAP INCOTERMS. To avoid tax nexus / permanent establishment and VAT impacts for our US entity, our finance and […]
QUESTION: Can anyone in the membership share a sample contract clause addressing title transfer at a (named) longitude and latitude location in the ocean? ***************** Answers: I think you need much more than just a contractual agreement, you need to address issues around the ocean negotiable B/L for example as this is considered the title to […]
