Make sure the language you want to translate to is not already covered by someone else. But, most of the translated HOWTOs are now OLD and need to be updated. A list of available HOWTO translations are available at the Linux IP Masquerade Resource.
If a copy of a current IP MASQ HOWTO isn't in your proposed language, please download the newest copy of the IP-MASQ HOWTO SGML code from the Linux IP Masquerade Resource. From there, begin your work while maintaining good SGML coding. For more help on SGML, check out www.sgmltools.org