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Re:Just how complicated could it be to register a German com... by rozenmd on Monday November 14, 2022 @03:20AM (#33591425)
Because legally, the contract has to be in the jurisdiction's official language
Re:Just how complicated could it be to register a German com... by Xylakant on Monday November 14, 2022 @03:38AM (#33591523)
That’s not true - you can have a contract in any language in Germany. But the first thing that a court adjucating any dispute would do is have a certified translator translate it into German - at your cost. And that translation will be out of your control. So it makes sense to have a German contract, so at least you know what the contract says going to court.
Re:Just how complicated could it be to register a German com... by Major_Grooves on Monday November 14, 2022 @04:02AM (#33591672)
correct - all our actual investment documents are in English.
Re:Just how complicated could it be to register a German com... by rad_gruchalski on Monday November 14, 2022 @06:43AM (#33592702)
Plus, if during the certification of the translation it comes up that the document does not comply with the legal requirements, it may lead to a contract invalidation. It can be really expensive depending on the matter of the dispute.
Re:Just how complicated could it be to register a German com... by thomascarney on Monday November 14, 2022 @05:15AM (#33592108)
You can choose both the law and forum in many types of commercial agreements. Typically international contracts will choose English law as the governing law.
Re:Just how complicated could it be to register a German com... by rad_gruchalski on Monday November 14, 2022 @06:44AM (#33592714)
If your company has a legal representation in the English speaking country, sure, go for it.
Re:Just how complicated could it be to register a German com... by Kiro on Monday November 14, 2022 @07:35AM (#33593078)
Obviously not true for many countries. In Sweden we often use English even for domestic contracts. I've seen employment agreements in English between a Swedish company and a Swedish employee.