Translation of Collaboration / Partnership contracts Between Companies

Translation of Collaboration / Partnership contracts Between Companies

Imagine that you have a company about to sign a partnership / collaboration contract with a foreign company. You have reached a verbal agreement and you have to draw up the last terms of the contract. It is expected that English will be used to draw up this contract. Although a choice, it is not always the best option.

When negotiating this type of contract, it should be drawn up in the neutral English or the language of the partner company, or even both languages. However, one of them should be the official language of the contract, from a legal point of view. This is relevant because, in case of any legal disputes, a judge will have to re-establish the legal terms of the contract. He/she will have to choose one of the two languages that can be ​​used for drawing up the contract between the two companies.

Drawing up such a contract in the language of your business partner may be much more productive than using your native language. Drawing up the contract in the partner company’s language may mean more time and money, but, if your business is part of a field of ​​activity preferred by your partner’s country, you can even get some legal benefits. It is possible that the law of the partner’s country favor collaboration with companies like yours, in which case the translation of the contract into the language of the partner company is not only essential, but perhaps also mandatory. This can be interpreted as a sign of professionalism on your part. Thus, if you choose the language of your partner as the official language of the contract, pursuant to a translation that may favor you, the chances of extending this contract increase considerably.

It is advisable to hire a lawyer to supervise the terms and conditions of the contract, and, in particular, the language used to draw up the contract, in a way to get the most profit out of your choice of language. The lawyer will ensure that the used language is clear, not ambiguous and open to interpretations.

If you are in this situation, it is of the utmost importance that you do not neglect this aspect of the official language of the contract between the two partner companies. This can be one of the keys to your business success.

By | 2018-01-05T09:30:51+00:00 June 13th, 2017|Articles|0 Comments