Confidence in financial sectors2 January 2022
Important and practical business terms3 January 2022
Start a business procedure:
Now that we have obtained explanations about the finance, in this main section of international trade concepts, we want to briefly explain and define the specialized and practical terms of trade, such as business documents, Incoterms, inspection, franchise, etc.
1. Start a business procedure by exchanging business documents:
A trade or an agreement means exchanging two or more values together. In fact, the parties exchange ownership of two goods or values. The main point and legal aspect of the transaction is in fact, the transfer of ownership of the goods between the parties. In any exchange, at least the two parties, the buyer and the seller, must be present and they will exchange with full will. They use special documents to transfer ownership. In international exchanges, as the complexity of the work is greater than in domestic transactions and more steps are taken, as well as the need for government intervention in international trade, which is usually done to protect domestic industries and earn money, is felt in more documents. Therefore, in the process of a foreign trade transaction, we are faced with several documents, the issuance of each of which represents the performance or realization of a specific activity or performance in the transaction process. These documents can be examined and analyzed from different angles.
At the beginning, the expert definition of commercial or commercial documents is discussed.
Commercial documents: are any writings that can be cited as a lawsuit or defense. A document, then, is literally a piece of writing that is trusted and cited, and in legal terms is a piece of writing that can be cited in defense or litigation and can be used to prove an action, contract, or commitment.
In international exchanges, for the parties of the contract to have sufficient information about the traded goods and the method of transportation, packaging of goods (export packaging of goods) and payment terms, they use various commercial documents to indicate them, and to literally avoid containing any ambiguity in the terms of agreements reached. Such documents are called commercial documents.
In this regard, some companies can help by doing business correspondence.
Commercial documents are the first documents in international trade and are exchanged before buying, selling and transporting goods. These documents can be divided into two parts: domestic and foreign international commercial documents. There are other divisions considering the work steps, the nature of the documents and their function, and the issuing reference, which are omitted.
The most important business documents are as follows:
6.Certificate of Origin
7.Packaging list and Specification
9.Manufacture’s or supplier’s quality or Inspection Certificate
10.Third party inspection Certificate
13.Health veterinary and Sanitary
written by the Legal Institute of tamadon kohan rey