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Setting up businesses in a globalized world



This course does not require a specific knowledge of law or business.
The interaction between students of different disciplines will enrich the considerations that need to be taken into account before setting up a new business.


In the globalized world, companies are looking for new places to set up their business activities. The choice may depend on the legal, investment and tax rules that may vary among countries in the European Union and outside the European Union.

The current globalized world requires knowledge of the interaction between different legal systems and different areas of law, business and policy making. Therefore, this course will give students tools to carry out comparative research that can be useful in their future career as lawyers, policy advisors in governments, international organizations (OECD, World Bank) and supranational organizations (European Union, African Union, etc).

This course will build on a case study: a company looking to expand its business to other countries. The students will engage in advising the company, by comparing 2 countries legal (corporate), investment and tax law regulations.

Thereafter the student will have to decide which of the 2 countries is more favourable for the company to set up its business. This decision will be provided in a letter of advice (written) and in a video format to be send to the client. This course facilitates group interaction (2 or 3 students per group) and also welcomes interaction between different areas of law, public policy and international relations.

Summary course:

  1. Introduction: Setting up of business. Choice of business and countries and engagement letter.
  2. PEST analysis (Political, Economical, Social, Technological) and SWOT analysis (Strengths, weakness, opportunities and threats)
  3. Legal (corporate) requirements
  4. Investment law requirements
  5. Tax law requirements
  6. Discussion mid-term report and letter to the client
  7. Video presentation to the client


The course covers introductory elements of corporate law, investment law and tax law: Theory and practice. Furthermore, this course will contribute to the development of the following skills:

  • Analytical, organizational and project management skills. Being able to find out the relevant information for the client and to organize the information in an efficient way taking into account the client’s needs.

  • Writing skills considering the business and the client.

  • Oral skills: Video recording

  • ICT skills (word) and internet research skills.

  • Social skills: Working in groups including the peer evaluation.

By the end of this course the students will have integrated their skills (see above) and knowledge from tax, legal (corporate) and investment analysis for setting up new businesses in countries. In addition, students will gain a basic understanding of different countries policies for setting up business, including their risks and challenges, and a basic understanding of the interests of business professionals, policy makers and the lawyers that advise them.


This course will be given in a seminar (due to corona: online) form.

This course has a practical approach since the topics to be discussed each week will be also analyzed in practice in the comparative report that students will need to prepare throughout the course. The students will be assigned two countries and they will be required to work the topics discussed in the class in these countries. The final report will produce an advice of which country is favourable for setting up the business.

Students should read material provided by the lecturer before each seminar and be prepared to apply the material to their countries of research.


*Mid-term report (50%)
*Letter to the client (25%)
*Video presentation to the client (25%)

For the report, students will work in a group (2 to 3 students max.) to ensure the exchange of ideas in the project and also the cooperation between students of different disciplines.

This course is successfully completed when the student has successfully participated in the report, has delivered the documents resulting from executing group tasks (mid-term report, letter to the client and power point presentation) and has produced an evaluation of the group process; his/her own contribution and the actual work done.

Peer evaluation
The peer-evaluation should be submitted in the 4th and 7th week of the course. The first one is a mid-term assessment and allows students to address shortfalls and/or possibilities to improve their group contribution and the overall quality of their work. Each student will assess the individual members of the tutor group/student team on two items:

  1. The quality of their contribution to the team process; and
  2. The quality of the documents and other work done by the students
    The evaluation forms will be available on Brightspace.


Tihs course will use Brightspace


Available on Brightspace


On Mondays from 2 November upto and including 18 December,
from 17:15 uur (till 19:00 or a litte later)


Via de administratie van Honours College Law:

Minimun en maximum aantal deelnemers

12-24 students