Top 5 legal issues
for business owners
www.daqsgroup.com
www.daqsgroup.com
Top 5 legal issues for business owners
If you are already running a company or planning to start up, fin...
www.daqsgroup.com
Top 5 legal issues for business owners
Take into account tax issues: sales and payroll taxes, billing do...
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Top 5 legal issues for business owners

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5 legal issues for business owners

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Top 5 legal issues for business owners

  1. 1. Top 5 legal issues for business owners www.daqsgroup.com
  2. 2. www.daqsgroup.com Top 5 legal issues for business owners If you are already running a company or planning to start up, find here a quick guide with 5 important legal tips you should be familiar with in order to do business smoothly: Decide the correct legal form: one of the most important decisions when starting up. We highly recommend you to be guided by a lawyer at this stage. The legal form is crucial to determine the liability, taxes and the minimum seed capital to operate the business. You need to protect your personal patrimony against creditors and sues demarcating appropriately the liability scope. Protect your intellectual property: considered by big companies as one of the most appreciated assets. Protecting your trademarks, copyrights, patents, service marks, trade secrets or confidentiality issues is a must for companies striving for a stable and well-known position, this includes logos, names, symbols or devices. Don’t forget to register your intellectual property before launching products or services.
  3. 3. www.daqsgroup.com Top 5 legal issues for business owners Take into account tax issues: sales and payroll taxes, billing documentation or book keeping are vital elements for the correct adherence to legal requirements. Come up with a good standard form contract in favor of your business: look for a professional help to tailor your contacts in order to protect your interests in relation to your clients, partners, employees and other parties. Make sure you have an experienced business lawyer drafting terms and conditions according to the law in force and to the standards in your sector. Get the patents and licenses needed: you should verify if there is a need for additional permits or authorizations depending on the nature of your activities and the legal framework. ¨The legal analysis of all these aspects is essential since the launch of a company is not limited to the work of commercial management¨. Darilyn Aquino

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