Establishing a business is inevitably connected with satisfying all relevant legal requirements, in order to lay the foundation for successful growth. We at Linkilaw are devoted to helping startups deal correctly with all legal issues they are facing. Startups should consider carefully their preferred business structures and set up their companies in a legally sound manner. Employment matters are another vital factor. With regard to the assets of the company, intellectual property (IP) and property issues should also be considered. As to the operations of the business, contracting with partners, suppliers, and customers is of utmost importance. In case a dispute arises, you need the adequate protection to either claim or defend your case.
Here is a list of the basic legal considerations every startup should bear in mind:
- Company Law – the type of company you set up has an important role in the future development of the business, what taxes it should pay, and what legal requirements it should satisfy. If you need to terminate a company or declare bankruptcy, we can assist you. Basic contracts such as Shareholders’ agreement and Terms and Conditions must always be in place.
- Employment Laws – employing people is monitored heavily by the relevant authorities. To ensure the prosperity of your staff, you need to consider a number of factors such as employment contracts, pensions and leave, health and safety regulations, etc.
- Intellectual Property – IP refers to all intangible assets your company may own or create. Adequate registration and protection will give you a much desired competitive advantage in the industry you are operating in.
- Commercial Law – commercial law refers to the management of your business relations and contracting. Make sure you have the necessary contracts and licences for the operation of your business.
- Property Law – your business will most probably need to lease or buy offices. This can be a daunting task, but don’t worry – we are here to help.
- Dispute Resolution – when it comes to resolving disputes, there are a number of avenues to pursue, but you do need an expert lawyer who you can trust.
This is just a glimpse of what legal issues a startup may face. Do not hesitate to reach out to us and book a free consultation with a legal advisor. We will make a free assessment of your business’s legal needs and give you expert advice.