James Nobles LLC has extensive experience in advising clients on outbound investments.  We understand that doing business in foreign countries is very challenging, particularly for U.S. companies which must constantly be mindful of the extensive U.S. legal regulation and taxation of U.S. foreign investment.  From our many years of experience in working in a wide range of foreign economic and political environments, we appreciate the difficulties of working with foreign partners and governmental regulators.  As a result, we have developed approaches for analyzing, organizing and implementing foreign investments for our clients.

     We have worked extensively with developed as well as developing economies in most regions of the world.  As a result, we have expertise in assisting our clients in doing business in the highly regulated, socially-oriented economies of Western Europe as well as the rapidly emerging economies in Asia and other developing nations.  A few such countries are Northern Ireland, France, The Netherlands, Argentina, Ghana, Viet Nam and China.

     James Nobles LLC's outbound representation includes the following:

• Financial Structuring     For clients making outbound investments, we design the investment structure, including reviewing the tax, foreign investment and exchange control laws of the foreign country to determine the best means of organizing the investment from our client's perspective.
  
  

• Feasibility & Due Diligence Analysis     A major component of due diligence on international investment are the tax and financial implications.  Only after these factors are considered is a feasibility or due diligence study complete.  James Nobles LLC assists clients in preparing feasibility studies and conducting due diligence on international transactions.
  
  

• Earnings Repatriation Programs     In order for our clients to realize their investments, from the outset, they must implement effective earnings repatriation programs.  We develop earnings repatriation programs, taking into account the host country dividend and earnings repatriation laws and exchange control laws, the client's currency hedging program as well as U.S. taxation of foreign earnings, including the Controlled Foreign Corporation rules and the foreign tax credit regulations.
  
  

• Joint Ventures     Successful international joint ventures require tremendous planning and structuring.  Joint ventures in foreign countries require detailed legal structuring and analysis.  We have experience in structuring numerous joint ventures in diverse industries -- from real estate investment in Viet Nam to the computer industry in Sweden.
  
  

• Distribution and Representation Arrangements     Many U.S. companies choose to enter the international arena first through distribution or representation arrangements prior to taking an equity position in a foreign project.  Over the years, we have analyzed the laws and prepared distribution and representation agreements for clients having relationships in Western Europe, a highly regulated legal environment, as well as other regions where such relationships are not as highly controlled.
  
  

• Foreign Corrupt Practices Act Compliance Programs     U.S. persons doing business abroad are subject to severe, broad restrictions against the payment of bribes to foreign government officials under the Foreign Corrupt Practices Act.  For our clients, we develop and implement compliance programs to monitor internal compliance and to facilitate the companies' corrective actions.
  
  

• Ownership of Foreign Real Estate     Although foreign real estate offers good investment prospects for U.S. investors, U.S. investors face special challenges in making these investments since they are familiar with the U.S. land transfer system which is highly organized, efficient and very accurate.  By working with foreign counsel, James Nobles LLC assists its clients in conducting due diligence on the risks of investing in foreign real estate and addressing risk factors presented by the investment.
  
  

• Exports from the U.S.     For most U.S. companies, the first step to entering the international marketplace is by exporting.  We have expertise in advising not only experienced exporters, but also "new to export" companies.
  
  

• Outbound Licensing of Technology     While outbound licensing can be economically rewarding, it presents several issues with respect to the protection of the U.S. licensor's technology and foreign taxation.  James Nobles LLC has represented clients in a wide variety of outbound licensing transactions.
  
  

• Acquisition of Foreign Companies     Many U.S. companies enter a foreign market by acquiring a foreign company already established there.  Over the years, James Nobles LLC has advised several clients on acquiring foreign companies and has worked with local foreign counsel to effect the transactions.