Commission or bribe?

Commission or bribe?

Assuming you have decided to transfer part of your business abroad, those administrative expenses may seem like illegal bribes.

Let’s say that a permit from the local government is needed to open a production plant in

Southeast Asia. A government agent offers us permission to get there within a week –

and his commission will be only $ 1,000. Back!

Watch your step here. In many countries, bribes and bribes have long been the

accepted cost of doing business.

However, the Foreign Corrupt Practices Act (FCPA), issued by the Congress in 1977,

prohibits the bribery of officials from other countries.

It is illegal to make payments, offers or even promises of anything of value to foreign officials

to get or keep business or gain an advantage.

It is also illegal to make such payments to third parties (for example, the official’s wife or brother).

For over 20 years the United States was the only country that tried to prohibit bribery

from foreign officials. US companies have complained about bribing foreign officials

and risking the FCPA indictment or losing the contract.

Since then, with the exhortation of the United States, international organizations have issued treaties and conventions aimed at eliminating this practice. The European Union, the United Nations and the World Bank have adopted resolutions and policies against corruption that have helped to level the playing field.

You do not want to be tangled with corruption!

The problem is that it is rarely easy to say whether a proposed payment is actually a bribe.

For example, the FCPA does not prohibit “fat payments”, which are taxes paid to foreign officials to speed up the actions that the government would otherwise undertake, such as issuing a routine permit. But suppose you need a permit to build a pipeline, and a government agent asks for a few thousand dollars to advise you on environmental issues and birthdays to make sure you get permission.

Would it be a “fat payment” or a bribe for officials to look the other way?

In light of the new rules and laws, people of authority rarely ask bribes, but they can ask for a small payment for advice on how to do business there. For example, if a government agency asks your company to build a park or to pave a road in exchange for approval, this would not be considered a “bribe”.

The whole scenario is further complicated by the layers of people they could employ to get a job. So, if you hire an agent to work with an agent abroad, how do you know he is not paying bribes and involves your company in corruption?

Knowing what the deal should cost, so you can know if money is losing.

Because respecting the many overlapping laws is complicated, do not try it alone.

Hire a lawyer with experience in international business to help you in this minefield.

In fact, one wonders if it would not be better to stay on the ground!

That’s how it goes when you start doing business abroad.

ما هى VAPULUS ؟

VAPULUS هي وسيلة دفع وتسويق عن طريق الهاتف وأقوى مزوّد حلول مدفوعات في الشرق الأوسط و جنوب افريقيا،

تقوم بتزويد الخدمة لكلا من رواد الأعمال والأفراد واضعين نصب أعيننا توفير

تجربة دفع رائعة للتاجر المصحوبة بمميزات التسويق الرقمي والتحليلات، حيث تتنوع وسائل الدفع الرقمي،

فإن نظام التشغيل يقبل بطاقات الصراف الآلي وبطاقات الإئتمان و المحافظ الرقمية علي حدٍ سواء،

مما يتيح الفرصة لتوفير خدماتنا لفئة الغير متعاملين مع البنوك بحرية.

تطبيق VAPULUS عبر الهاتف يمنح مستخدميه إمكانية الشراء عبر الانترنت والشراء من داخل المحال التجارية

ودفع فواتيرهم بالطريقة المفضلة لديهم من خلال الهاتف أو الجهاز اللوحي أو الحاسب الشخصي.

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