Legal Aspects of International Trade and Enterprise

Legal Aspects of International
Trade and Enterprise

EXECUTIVE SUMMARY
The report discussed about the legal aspects about the international trade. The
international trade law includes all the important and applicable laws, customs, rules and
regulations which are to be followed by the companies for handling the trade between two or
more countries. The report discussed about the MNC of Australia which is BHP Billiton. It
discussed that the company was formed as a merger between two companies that are Broken Hill
Proprietary (BHP) and Billiton in the year 2001. it also displayed that The tax laws affect the
operations of BHP in Australia since the company has no option to make a choice on whether to
cooperate with the tax authorities orders or not. The company pays the 30 percent corporation tax
as paid by other local firms in Australia. At last the report concluded that the legal aspect plays a
very important and crucial role in the global market.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
1 Brief description of BHP Billiton.............................................................................................1
2 Legislative regulatory framework affecting the company........................................................1
3 Impact of different treaties, convention and agreements on the company...............................4
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................7