Access to the High Tech Market in the United States: Aides les entreprises fr...Eliot Norman
The document discusses legal strategies for French companies to successfully establish and grow their operations in the United States. It recommends choosing the optimal corporate structure, securing necessary visas for key personnel, understanding government regulations, carefully managing contracts, and working with experienced legal advisors. The rest of the document provides more details on these topics, such as types of visas, partnership structures like joint ventures, and intellectual property protection.
This document summarizes the agenda and key topics from a seminar for directors, including updates on financial system inquiries, governance reforms, legal and regulatory changes, and sector-specific issues. Key points discussed include proposed changes to principles of the ASX Corporate Governance Council, challenges around board performance and diversity, trends in technology and innovation, enforcement actions from ASIC, and debates around the business judgment rule and directors' duties.
This document summarizes the key topics and agenda items to be covered at the Essential Director Update:15 conference, including corporate culture, information technology/cyber risk, recent litigation, corporate governance issues regarding independence, diversity, and remuneration, and regulatory updates. It also provides brief summaries of some of the specific cases and issues to be discussed under each agenda item, such as the Thiess allegations and CommBank IT issues regarding corporate culture, and recent insider trading cases.
This document provides an overview of challenges facing US expats presented by Derren Joseph, an expert in expat taxation. It covers key topics like US citizenship vs residency taxation, implications of FATCA for US persons, annual tax returns requirements, and 3 key points of compliance around non-qualified insurance policies, PFICs, and FBAR reporting requirements. The presentation aims to help US expats understand and comply with their tax obligations while living abroad.
Building Blocks: Structuring & Organizing Your Company Boast Capital
Selecting the right legal structure is one of the most important decisions you will make when starting and growing a business. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money, go public, or exit.
When structuring your company, one size does not fit all. There are several factors to consider, such as initial shareholders, classes of shares, vesting, industry, growth plan, finance plan, etc. which will be covered in this webinar. Specifically you will learn:
-Types of Business Entities – impact of CCPC vs. Non-CCPC
-The Founders’ Prenup – Shareholder Agreements
-Directors & Officers – roles, obligations and liabilities
-Shareholders – rights and risks
Startup Law for Entrepreneurs: Formation: Adam Dinow/General AssemblyGeneral Assembly
Legal mistakes can doom even the best startup concepts and founding teams. In this class, you’ll learn about essential legal issues that startups face in the formation stage. We will explore the decision-making process in forming a startup — including form, timing, documentation, and issues determining the capital structure. We’ll also dive into the the process to issue founder stock as well as tax consequences and vesting considerations. Compensation of equity structures will also be reviewed.
Want to learn more? Join Front Row today and access on-demand videos, livestreams, and much more: http://bit.ly/1aqAivV
We are very honored to be able to invite the Senior Managing Director of FTI Consulting (FCN US, MV $1.5bn), a billion-dollar NYSE-listed global forensic consulting firm, as a guest speaker in our SMU classes to share his knowledge and wisdom with the students in the Accounting Fraud in Asia course in Week 6, the week of 9th February. Over the years in the Asian capital jungles, the FTI people are amongst the few professionals whom I respect for their on-the-field expertise and thought leadership in the area of fraud and forensic investigation. I am sure that the talk will definitely make an impact for our SMU students who will learn not only invaluable lessons from the speaker’s knowledge and wisdom but also about FTI Consulting as their future career choice.
Access to the High Tech Market in the United States: Aides les entreprises fr...Eliot Norman
The document discusses legal strategies for French companies to successfully establish and grow their operations in the United States. It recommends choosing the optimal corporate structure, securing necessary visas for key personnel, understanding government regulations, carefully managing contracts, and working with experienced legal advisors. The rest of the document provides more details on these topics, such as types of visas, partnership structures like joint ventures, and intellectual property protection.
This document summarizes the agenda and key topics from a seminar for directors, including updates on financial system inquiries, governance reforms, legal and regulatory changes, and sector-specific issues. Key points discussed include proposed changes to principles of the ASX Corporate Governance Council, challenges around board performance and diversity, trends in technology and innovation, enforcement actions from ASIC, and debates around the business judgment rule and directors' duties.
This document summarizes the key topics and agenda items to be covered at the Essential Director Update:15 conference, including corporate culture, information technology/cyber risk, recent litigation, corporate governance issues regarding independence, diversity, and remuneration, and regulatory updates. It also provides brief summaries of some of the specific cases and issues to be discussed under each agenda item, such as the Thiess allegations and CommBank IT issues regarding corporate culture, and recent insider trading cases.
This document provides an overview of challenges facing US expats presented by Derren Joseph, an expert in expat taxation. It covers key topics like US citizenship vs residency taxation, implications of FATCA for US persons, annual tax returns requirements, and 3 key points of compliance around non-qualified insurance policies, PFICs, and FBAR reporting requirements. The presentation aims to help US expats understand and comply with their tax obligations while living abroad.
Building Blocks: Structuring & Organizing Your Company Boast Capital
Selecting the right legal structure is one of the most important decisions you will make when starting and growing a business. Not only will this decision have an impact on how much you pay in taxes, it will affect the amount of paperwork your business is required to do, the personal liability you face and your ability to raise money, go public, or exit.
When structuring your company, one size does not fit all. There are several factors to consider, such as initial shareholders, classes of shares, vesting, industry, growth plan, finance plan, etc. which will be covered in this webinar. Specifically you will learn:
-Types of Business Entities – impact of CCPC vs. Non-CCPC
-The Founders’ Prenup – Shareholder Agreements
-Directors & Officers – roles, obligations and liabilities
-Shareholders – rights and risks
Startup Law for Entrepreneurs: Formation: Adam Dinow/General AssemblyGeneral Assembly
Legal mistakes can doom even the best startup concepts and founding teams. In this class, you’ll learn about essential legal issues that startups face in the formation stage. We will explore the decision-making process in forming a startup — including form, timing, documentation, and issues determining the capital structure. We’ll also dive into the the process to issue founder stock as well as tax consequences and vesting considerations. Compensation of equity structures will also be reviewed.
Want to learn more? Join Front Row today and access on-demand videos, livestreams, and much more: http://bit.ly/1aqAivV
We are very honored to be able to invite the Senior Managing Director of FTI Consulting (FCN US, MV $1.5bn), a billion-dollar NYSE-listed global forensic consulting firm, as a guest speaker in our SMU classes to share his knowledge and wisdom with the students in the Accounting Fraud in Asia course in Week 6, the week of 9th February. Over the years in the Asian capital jungles, the FTI people are amongst the few professionals whom I respect for their on-the-field expertise and thought leadership in the area of fraud and forensic investigation. I am sure that the talk will definitely make an impact for our SMU students who will learn not only invaluable lessons from the speaker’s knowledge and wisdom but also about FTI Consulting as their future career choice.
This document summarizes resources available from the Small Business Administration (SBA) for Asian women business owners. It outlines various types of financing, education/training programs, government contracting assistance, and disaster relief available from the SBA. It also provides contact information for SBA regional offices and programs that provide consulting, training, and certification to help small businesses obtain government contracts.
Attorney Hans Kim of Wilson Sonsini Goodrich & Rosati will review recent trends in start-up financings, including SAFE instruments, convertible equity, series seed, crowdfunding etc. Hans will also review key terms of Series A financings and important steps that every start-up should take to avoid issues that can delay or derail early stage financings.
The document provides an overview of creating a financial plan for a business. It discusses including assumptions, sales and revenue projections, expenses, cash flows, capitalization tables, and valuation. The presentation emphasizes keeping the model simple, being realistic about assumptions like price and sales growth, and clearly explaining the key factors that will determine the company's financial needs and trajectory.
This document provides information on international trade finance programs from the U.S. Small Business Administration (SBA) for small businesses looking to export goods. It describes the Pre-Shipment Guarantee, Post-Shipment Guarantee, Export Working Capital Program, SBA Export Express, and SBA International Trade Loan. The programs provide short and long-term financing through loans and loan guarantees to support activities like production of exported goods, purchase of fixed assets and equipment, and working capital for export sales. Contact information is provided for SBA international trade specialists in Southern California, Nevada and Arizona.
The document outlines the problem solving and implementation phases of the problem solving method. It consists of 5 steps: 1) define the problem, 2) find solutions, 3) evaluate alternatives, 4) represent the most efficient solution as an algorithm, and 5) test the algorithm. The implementation phase has 3 steps: 1) translate the algorithm into a programming language, 2) execute the program, and 3) maintain the program. It also includes flow chart symbols and an example problem definition, diagram, and pseudo code for tracking masqueraders who paid for costumes.
This document discusses various methods for obtaining growth funding for a business, including venture capital and private equity investment. It covers the venture capital process, evaluating and valuing a venture, and preparing presentations for investors. Key valuation methods include earnings valuation using price-earnings multiples and discounted cash flow valuation. The document provides guidelines on determining a company's value, selecting an appropriate valuation approach, and targeting the right investors.
This document summarizes key aspects of entrepreneurial finance and venture capital. It discusses what venture capital is, how venture capital firms are structured, the advantages and disadvantages of venture capital for entrepreneurs, and common terms in venture capital agreements. It also provides an overview of venture capital in India, including some major venture capital firms, average fund sizes, and challenges in the Indian market.
This document contains a last will and testament for Charlie Sheen along with an employment contract between Raymond Huggins and The Mega Engineering Company Limited. The will leaves all of Charlie Sheen's possessions equally between his two children, John Sheen and James Sheen, and appoints his son Jadesh Sheen as executor. The employment contract outlines the terms of Raymond Huggins' employment as a laborer, including his job title, hours, salary, leave entitlement, absence policy, overtime rates, insurance registration and payment schedule.
The document provides an overview of startup financing options and the investment process. It discusses self-financing, debt financing, equity financing sources like angels and venture capital. It covers how VCs and angels make money, what investors look for, engaging with investors through the deal process, typical deal terms, and important factors to consider when choosing investors beyond just valuation.
Guidelines for office administration sbaLisa Forbes
This document provides guidelines for completing a School Based Assessment (SBA) project on office administration for the Caribbean Secondary Education Certificate (CSEC). It outlines the required sections and content for the SBA, including:
1. Preparation with a title page, aim, and correspondence letter.
2. Gathering data through a methodology outlining data collection and analysis, questions asked during research, and an activities schedule.
3. Addressing regulations by stating relevant legislation, how it was learned, health and safety practices observed, and staff rules complied with.
4. Presenting findings in a report on results and recommendations, and explaining the use and suitability of office equipment for tasks.
This document discusses business finance, including the meaning, scope, traditional and modern approaches to financial management. It covers the major financial decisions around investment, financing, and dividends. Key aspects of financial management are discussed such as capital budgeting, working capital management, and capital structure. The objectives, importance and types of both fixed and working capital are also summarized. Finally, the document outlines various instruments that can be used to raise funds for business such as shares, retained profits, debentures, institutional finance, public deposits and bank finance.
This document provides an overview of venture capital. It defines venture capital as equity support that funds new business concepts with higher risk but also higher growth potential. The document outlines the typical stages of venture capital funding from seed money to bridge financing. It also describes the roles within a venture capital firm such as general partners and limited partners. Key features of venture capital investments are discussed like the long time horizon, lack of liquidity, high risk, and equity participation. Finally, the advantages of venture capital for the economy, investors, and entrepreneurs are summarized.
To be hired to assist the supervisor.
Chefs: 2 experienced chefs to be hired to develop menu items and
oversee food preparation.
Wait Staff: Initially plan to hire 6 wait staff to handle lunch and
dinner shifts.
Host/Cashier: 1 host/cashier to greet customers and handle
payments.
Janitorial: Contract cleaning services.
Accountant: Part-time accountant for bookkeeping and financial
reporting.
Marketing Plan
Website Development
Social Media Marketing
Print Advertising
Best Practices to Achieve an Effective FCPA Compliance ProgramMyComplianceOffice
In this age of global business, it is imperative to have an effective FCPA compliance program. In this webinar co-hosted with Paul Murdock of MCG Consulting we touched on:
-The Foreign Corrupt Practices Act compliance
-How to build an effective FCPA Compliance program
-Learn how to prepare your program to 'protect' your company
To watch video recordings of this webinar visit; https://mco.mycomplianceoffice.com/mco-webinar/best-practices-to-achieve-an-effective-fcpa-compliance-program
US Market Entry for Fast-Growing StartupsLouis Lehot
Entering the US market has been a major milestone for most foreign-born startups. Though every other ecosystem always wanted to become its own version of Silicon Valley, the siren call of the biggest market for most industries and the superior network by the bay, almost always won out. The pandemic has dramatically shifted this calculus. Join us in a dynamic discussion on how the idea of moving to Silicon Valley has changed, as well as, the legal, strategic, partnership, and fundraising best practices involved.
Setting up your business in Silicon Valley - what international entrepreneurs...Louis Lehot
Flipping, setting up a subsidiary, a branch, going direct, setting up operations, venture capital financing and what you need to know to set up your business in Silicon Valley
The SBA provides assistance to small businesses through 10 regional and 69 district offices. It offers various programs including financial assistance, contracting assistance, entrepreneurship education, and support for technology development and innovation. The SBA works with partners to help small businesses start and grow but does not provide direct loans, instead guaranteeing loans made by conventional lenders.
How to Move Your Startup Company to the U.S.ideatoipo
Recorded 6/20/23
Moving an international company to the U.S. can be a challenging process with many pitfalls.
This video is designed to help tech startups understand some of the legal decisions that need to be taken into consideration when expanding your company to the U.S.
The speakers discuss:
1. Why many startup founders want to bring their company to the U.S.
2. When is a good time to start the process?
3. What is an appropriate legal structure for U.S. operations or funding in the U.S.?
4. What are the typical rounds of raising capital in the U.S.?
5. What are the most common mistakes founders make during the early stages of their startup (taxation, IP, immigration, insurance, compliance)?
About the Speakers:
Svetlana Kamyshanskaya, the founder of Primum Law Group, is a global citizen with the legal, operational, and project management expertise to chart a successful course for expanding inbound tech companies and startups. Svetlana works with entrepreneurs and executives at all stages of development. She has personalized her clients’ road maps for bringing their business to the U.S.
Elina Firsava is a corporate attorney at Primum Law Group where her practice focuses on helping international and domestic companies to incorporate and develop their business in the United States. She assists startups with their general corporate matters, including entity formation and reorganization.
How to Move Your Startup Company to the U.S.ideatoipo
Presented August 23, 2023
Moving an international company to the U.S. can be a challenging process with many pitfalls.
This webinar is designed to help tech startups understand some of the legal decisions that need to be taken into consideration when expanding your company to the U.S.
The speakers will discuss:
1. Why many startup founders want to bring their company to the U.S.
2. When it is a good time to start the process?
3. What is an appropriate legal structure for U.S. operations or funding in the U.S.?
4. What are the typical rounds of raising capital in the U.S.?
5. What are the most common mistakes founders make during the early stages of their startup (taxation, IP, immigration, insurances, compliances)?
In this age of global business operations and opportunities, it is a business imperative to have an effective FCPA Compliance Program. In this webinar co-hosted with Paul Murdock of MCG Consulting we explore and discuss Foreign Corrupt Practices Act compliance and actions to achieve a FCPA Compliance Program.
For a full video of the recording visit: https://mco.mycomplianceoffice.com/mco-webinar/foreign-corrupt-practices-act-fcpa-compliance-webinar
Starting a new company is hard, but putting in place the right legal framework for your business doesn’t have to be...
Dive deep into the most important issues relating to raising capital for your company with insight from Mick Bain and Janene Asgeirsson, two experts on start-up law from WilmerHale. Having worked with hundreds of entrepreneurs and start-ups, Janene and Mick will answer the questions that you haven't even thought to ask.
What You'll Learn:
Financing structures and terms
How to comply with security regulations
Types of investors to work with and why
This document summarizes resources available from the Small Business Administration (SBA) for Asian women business owners. It outlines various types of financing, education/training programs, government contracting assistance, and disaster relief available from the SBA. It also provides contact information for SBA regional offices and programs that provide consulting, training, and certification to help small businesses obtain government contracts.
Attorney Hans Kim of Wilson Sonsini Goodrich & Rosati will review recent trends in start-up financings, including SAFE instruments, convertible equity, series seed, crowdfunding etc. Hans will also review key terms of Series A financings and important steps that every start-up should take to avoid issues that can delay or derail early stage financings.
The document provides an overview of creating a financial plan for a business. It discusses including assumptions, sales and revenue projections, expenses, cash flows, capitalization tables, and valuation. The presentation emphasizes keeping the model simple, being realistic about assumptions like price and sales growth, and clearly explaining the key factors that will determine the company's financial needs and trajectory.
This document provides information on international trade finance programs from the U.S. Small Business Administration (SBA) for small businesses looking to export goods. It describes the Pre-Shipment Guarantee, Post-Shipment Guarantee, Export Working Capital Program, SBA Export Express, and SBA International Trade Loan. The programs provide short and long-term financing through loans and loan guarantees to support activities like production of exported goods, purchase of fixed assets and equipment, and working capital for export sales. Contact information is provided for SBA international trade specialists in Southern California, Nevada and Arizona.
The document outlines the problem solving and implementation phases of the problem solving method. It consists of 5 steps: 1) define the problem, 2) find solutions, 3) evaluate alternatives, 4) represent the most efficient solution as an algorithm, and 5) test the algorithm. The implementation phase has 3 steps: 1) translate the algorithm into a programming language, 2) execute the program, and 3) maintain the program. It also includes flow chart symbols and an example problem definition, diagram, and pseudo code for tracking masqueraders who paid for costumes.
This document discusses various methods for obtaining growth funding for a business, including venture capital and private equity investment. It covers the venture capital process, evaluating and valuing a venture, and preparing presentations for investors. Key valuation methods include earnings valuation using price-earnings multiples and discounted cash flow valuation. The document provides guidelines on determining a company's value, selecting an appropriate valuation approach, and targeting the right investors.
This document summarizes key aspects of entrepreneurial finance and venture capital. It discusses what venture capital is, how venture capital firms are structured, the advantages and disadvantages of venture capital for entrepreneurs, and common terms in venture capital agreements. It also provides an overview of venture capital in India, including some major venture capital firms, average fund sizes, and challenges in the Indian market.
This document contains a last will and testament for Charlie Sheen along with an employment contract between Raymond Huggins and The Mega Engineering Company Limited. The will leaves all of Charlie Sheen's possessions equally between his two children, John Sheen and James Sheen, and appoints his son Jadesh Sheen as executor. The employment contract outlines the terms of Raymond Huggins' employment as a laborer, including his job title, hours, salary, leave entitlement, absence policy, overtime rates, insurance registration and payment schedule.
The document provides an overview of startup financing options and the investment process. It discusses self-financing, debt financing, equity financing sources like angels and venture capital. It covers how VCs and angels make money, what investors look for, engaging with investors through the deal process, typical deal terms, and important factors to consider when choosing investors beyond just valuation.
Guidelines for office administration sbaLisa Forbes
This document provides guidelines for completing a School Based Assessment (SBA) project on office administration for the Caribbean Secondary Education Certificate (CSEC). It outlines the required sections and content for the SBA, including:
1. Preparation with a title page, aim, and correspondence letter.
2. Gathering data through a methodology outlining data collection and analysis, questions asked during research, and an activities schedule.
3. Addressing regulations by stating relevant legislation, how it was learned, health and safety practices observed, and staff rules complied with.
4. Presenting findings in a report on results and recommendations, and explaining the use and suitability of office equipment for tasks.
This document discusses business finance, including the meaning, scope, traditional and modern approaches to financial management. It covers the major financial decisions around investment, financing, and dividends. Key aspects of financial management are discussed such as capital budgeting, working capital management, and capital structure. The objectives, importance and types of both fixed and working capital are also summarized. Finally, the document outlines various instruments that can be used to raise funds for business such as shares, retained profits, debentures, institutional finance, public deposits and bank finance.
This document provides an overview of venture capital. It defines venture capital as equity support that funds new business concepts with higher risk but also higher growth potential. The document outlines the typical stages of venture capital funding from seed money to bridge financing. It also describes the roles within a venture capital firm such as general partners and limited partners. Key features of venture capital investments are discussed like the long time horizon, lack of liquidity, high risk, and equity participation. Finally, the advantages of venture capital for the economy, investors, and entrepreneurs are summarized.
To be hired to assist the supervisor.
Chefs: 2 experienced chefs to be hired to develop menu items and
oversee food preparation.
Wait Staff: Initially plan to hire 6 wait staff to handle lunch and
dinner shifts.
Host/Cashier: 1 host/cashier to greet customers and handle
payments.
Janitorial: Contract cleaning services.
Accountant: Part-time accountant for bookkeeping and financial
reporting.
Marketing Plan
Website Development
Social Media Marketing
Print Advertising
Best Practices to Achieve an Effective FCPA Compliance ProgramMyComplianceOffice
In this age of global business, it is imperative to have an effective FCPA compliance program. In this webinar co-hosted with Paul Murdock of MCG Consulting we touched on:
-The Foreign Corrupt Practices Act compliance
-How to build an effective FCPA Compliance program
-Learn how to prepare your program to 'protect' your company
To watch video recordings of this webinar visit; https://mco.mycomplianceoffice.com/mco-webinar/best-practices-to-achieve-an-effective-fcpa-compliance-program
US Market Entry for Fast-Growing StartupsLouis Lehot
Entering the US market has been a major milestone for most foreign-born startups. Though every other ecosystem always wanted to become its own version of Silicon Valley, the siren call of the biggest market for most industries and the superior network by the bay, almost always won out. The pandemic has dramatically shifted this calculus. Join us in a dynamic discussion on how the idea of moving to Silicon Valley has changed, as well as, the legal, strategic, partnership, and fundraising best practices involved.
Setting up your business in Silicon Valley - what international entrepreneurs...Louis Lehot
Flipping, setting up a subsidiary, a branch, going direct, setting up operations, venture capital financing and what you need to know to set up your business in Silicon Valley
The SBA provides assistance to small businesses through 10 regional and 69 district offices. It offers various programs including financial assistance, contracting assistance, entrepreneurship education, and support for technology development and innovation. The SBA works with partners to help small businesses start and grow but does not provide direct loans, instead guaranteeing loans made by conventional lenders.
How to Move Your Startup Company to the U.S.ideatoipo
Recorded 6/20/23
Moving an international company to the U.S. can be a challenging process with many pitfalls.
This video is designed to help tech startups understand some of the legal decisions that need to be taken into consideration when expanding your company to the U.S.
The speakers discuss:
1. Why many startup founders want to bring their company to the U.S.
2. When is a good time to start the process?
3. What is an appropriate legal structure for U.S. operations or funding in the U.S.?
4. What are the typical rounds of raising capital in the U.S.?
5. What are the most common mistakes founders make during the early stages of their startup (taxation, IP, immigration, insurance, compliance)?
About the Speakers:
Svetlana Kamyshanskaya, the founder of Primum Law Group, is a global citizen with the legal, operational, and project management expertise to chart a successful course for expanding inbound tech companies and startups. Svetlana works with entrepreneurs and executives at all stages of development. She has personalized her clients’ road maps for bringing their business to the U.S.
Elina Firsava is a corporate attorney at Primum Law Group where her practice focuses on helping international and domestic companies to incorporate and develop their business in the United States. She assists startups with their general corporate matters, including entity formation and reorganization.
How to Move Your Startup Company to the U.S.ideatoipo
Presented August 23, 2023
Moving an international company to the U.S. can be a challenging process with many pitfalls.
This webinar is designed to help tech startups understand some of the legal decisions that need to be taken into consideration when expanding your company to the U.S.
The speakers will discuss:
1. Why many startup founders want to bring their company to the U.S.
2. When it is a good time to start the process?
3. What is an appropriate legal structure for U.S. operations or funding in the U.S.?
4. What are the typical rounds of raising capital in the U.S.?
5. What are the most common mistakes founders make during the early stages of their startup (taxation, IP, immigration, insurances, compliances)?
In this age of global business operations and opportunities, it is a business imperative to have an effective FCPA Compliance Program. In this webinar co-hosted with Paul Murdock of MCG Consulting we explore and discuss Foreign Corrupt Practices Act compliance and actions to achieve a FCPA Compliance Program.
For a full video of the recording visit: https://mco.mycomplianceoffice.com/mco-webinar/foreign-corrupt-practices-act-fcpa-compliance-webinar
Starting a new company is hard, but putting in place the right legal framework for your business doesn’t have to be...
Dive deep into the most important issues relating to raising capital for your company with insight from Mick Bain and Janene Asgeirsson, two experts on start-up law from WilmerHale. Having worked with hundreds of entrepreneurs and start-ups, Janene and Mick will answer the questions that you haven't even thought to ask.
What You'll Learn:
Financing structures and terms
How to comply with security regulations
Types of investors to work with and why
This document summarizes a corporate formation workshop presented by Evan Bienstock, Esq. and Daniel DeWolf, Esq. from the law firm Mintz Levin. The workshop covered topics related to choosing an entity structure such as LLC, C-Corp, or S-Corp and establishing the necessary legal documents for founders and early employees. It also provided an overview of equity incentives like stock options and vesting schedules.
The document summarizes trade assistance services offered by the Arizona Small Business Development Center (AZSBDC) to US exporters/importers and foreign investors. The AZSBDC provides one-on-one consulting, customized market research, and trade training to help small businesses engage in international trade and access trade financing. They have 26 offices across Arizona and helped over $75 million in increased sales and 1,403 jobs in 2013. The AZSBDC is part of a national network that provides similar small business assistance in the US and several other countries in the Americas.
Small businesses in North Carolina will soon be permitted to raise up to $2 million from average investors with certain limits. This is the result of legislation passed by the North Carolina General Assembly in July 2016. Businesses that use the “Invest N.C. exemption” can utilize the Internet to organize such a fundraiser. However, firms must follow certain regulations, including requirements on how much can be raised from each investor, what kind of financial information must be disclosed, and periodic reporting requirements to keep investors informed. The N.C. Securities Division will oversee administration of the crowdfunding exemption.This seminar is planned as an overview of investment crowdfunding for businesses that may want to utilize this option. The speaker will cover the following:
-a regulatory overview and how crowdfunding fits within securities laws
-the legal do’s and don’ts of a crowdfunding offering
-the marketing aspects
-what you can say and how to reach investors
-utilizing a web site intermediary – picking one and connecting with investors.
Equity Crowdfunding Comes of Age: Learn the New Rules for Success. A webinar ...EarlyShares
With the ban lifted on general solicitation, the SEC's new rules advance 80-year-old securities laws to take advantage of technology and modern capabilities, setting the stage for Accredited Equity Crowdfunding.
Now, the game-changing possibilities unlocked by the JOBS Act enable start-ups, small businesses and entrepreneurs to raise capital in an entirely new way from Accredited Investors.
Learn what the new rules mean for businesses and investors, along with the important regulation updates you need to know about Accredited Equity Crowdfunding. Discover what steps to take next, the available investment vehicles, how the accreditation process works -- and the benefits of an online platform that puts it all together. Hear from industry and legal experts who have been at the forefront of the discussion and progress in Equity Crowdfunding.
Speakers:
Joanna Schwartz, CEO of EarlyShares.com
Douglas S. Ellenoff, Partner at Ellenoff Grossman & Schole LLP
This webinar was hosted on September 24th, 2013.
Driving value - Understanding the potentialAnglo American
Anglo American’s leadership team present the updated strategy and progress on driving value to the 2013 Analyst and Investor Strategy event, held at the London Stock Exchange.
You can find out more about Anglo American here:
http://www.angloamerican.com/
http://www.facebook.com/angloamerican
http://www.twitter.com/angloamerican
http://www.youtube.com/angloamerican
http://www.flickr.com/photos/angloamerican
http://www.linkedin.com/company/anglo-american
Investor meeting presentation final versionvisainc
Visa Inc. held an investor day on June 6, 2013 to provide an overview of the company's strategic direction and growth opportunities. The agenda included strategic presentations on developed and emerging markets, driving growth through innovation, and the company's financial performance. Visa's business has historically grown due to increasing global payments volume, merchant acceptance locations, and cards outstanding. However, Visa recognizes opportunities in developing markets, new payment types, and government partnerships to further electronic payments and financial inclusion.
Doing business in an international context can be daunting. WeiserMazars serves as a bridge between the United States and the global markets, making doing business easier and less risky for our clients. We connect overseas clients with American professionals and service the tax, transaction services and financial reporting needs of foreign entities based in the U.S.
Loan Workout 101 for Financial InstitutionsLibby Bierman
Ancin Cooley, founder and principal of Synergy Bank Consulting and Synergy Credit Union Consulting, will present on managing non-performing loans. Synergy provides risk management services to financial institutions. Cooley has over 10 years of experience, including as a regulatory examiner at the OCC. The presentation will cover warning signs of troubled loans, establishing transfer criteria to non-performing classifications, addressing documentation errors, using dunning letters, types of loan guarantees, analyzing and separating non-performing loans into groups, and assessing business problems and cash flow. The presentation is intended to help financial institutions better manage troubled and non-performing loans.
This document announces a conference on FATCA Compliance to be held on March 25-26, 2015 in Toronto. It will provide guidance to financial institutions on complying with the Foreign Account Tax Compliance Act. The conference will explore topics such as client identification and classification, reporting guidelines, challenges for different types of financial institutions, and improving FATCA compliance programs. It lists the conference speakers and agenda, which includes sessions on key FATCA regulations, the Canada Revenue Agency's guidance, challenges for depository and investment entities, and the impact of FATCA on the insurance and investment fund industries.
The 440 page LexisNexis® Guide to FATCA Compliance was designed in consultation, via numerous interviews and meetings, with government officials, NGO staff, large financial institution compliance officers, investment fund compliance officers, and trust companies, from North and South America, Europe, South Africa, and Asia, and in consultation with contributors who are leading industry experts. The contributors hail from several countries and an offshore financial center and include attorneys, accountants, information technology engineers, and risk managers from large, medium and small firms and from large financial institutions. Thus, the challenges of the FATCA Compliance Officer are approached from several perspectives and contextual backgrounds. See http://www.lexisnexis.com/store/catalog/booktemplate/productdetail.jsp?pageName=relatedProducts&prodId=prod19190327
This 28 chapter Guide contains three chapters written specifically to guide a financial institution's lead FATCA compliance officer in designing a plan of internal action within the enterprise and interaction with outside FATCA advisors with a view of best leveraging available resources and budget [see Chapters 2, 3, and 4]. Sample chapter available at http://www.lexisnexis.com/store/images/samples/9780769853734.pdf
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UAV August 2013 ppt U.S. Legal Issues
1. Aider les entreprises du secteur
aérospatial ou UAV à gérer leurs
questions juridiques
Williams Mullen
1666 K St. N.W. Suite 1200
Washington, D.C. 20006
804 721 7851 (portable)
804.420.6482
Eliot Norman
enorman@williamsmullen.com
www.williamsmullen.
www.williamsmullen.com/practice/international-law
1
2. Le Défi Nord Américain
Comment exporter vos produits ou les
fabriquer ici?
2
3. Le Top 6: Questions Juridiques:
1.
2.
3.
4.
5.
6.
Ca commence ici: les visas
Quelle structure pour quel projet?
Le Financement
« Export Controls »: Contrôles à l'exportation
Gestion des contrats & Joint Ventures
Conseils juridiques pour aider l’accélération
de votre croissance dans le marché nord
américain
3
9. Le regime actuel: Use of L-1Bs, L-1As, H-1Bs and
E-2 for Intra-Company Transfers
X&Z Aerosupply SA
Toulouse , France
Managers, Executives
Software Developers
Electrical Engineers
Project Managers
and
Specialists
Composites
Engineers
X&Z Aerosupply, Ltd.
Bucharest, Romania
11/16/13
X&Z Aerosupply , Inc.
Mobile, Alabama USA
(AIRBUS VILLAGE)
9
10. Case Illustration: Sous la Grande
Réforme: NAFTA TN ou E-2, B-1?
X&Z Aerosupply SA
Toulouse , France
Managers, Executives
Software Developers
Electrical Engineers
Project Managers
and
Specialists
Manufacturing
Managers &
Engineers
X&Z Composites
Manufacturing
Monterey, Mexico
11/16/13
X&Z Services
d’Ingénierie, SA
Montréal, Québec
Engineers
X&Z Aerosupply , Inc.
Mobile, Alabama USA
(AIRBUS VILLAGE)
10
11. LA PYRAMIDE DES VISAS AMÉRICAINS
GREEN CARDS
L-1A/L-1B,
E1/E2 Investors/
Treaty Traders
TN, H-1B/O-1
B-1/ F-1/J-1/H-3, H-2B
90 Day
ESTA Visa
Waivers
B-1 Business
Visitors
(B/2) (tourists)
6693462
EB-1 Multinational Managers/Executives & EB-1
Extraordinary Ability and Outstanding Researchers;
EB2/3 PERM Labor Certifications for professionals, skilled
workers leading to Green Cards;
EB2 Green Cards for National Interest Waivers,
FAMILY SPONSORSHIP (marriage to U.S. Citizen or, Green
Card Holder; Diversity Lottery. EB-5: $500,000 Investors
EXECUTIVES, MANAGERS, Specialists and EssentialSkills Employees for U.S. Offices of International
Companies
PROFESSIONALS; Extraordinary Ability
Scholars & Scientists
TRAINEES & FOREIGN STUDENTS
Research Scholars & Specialists;
Temporary workers , VIE , Interns.
BUSINESS VISITORS:
Negotiate Contracts, Consult;
Trainees, Install Equipment
if Purchased Overseas; Visa Waiver
B-1 au lieu de H-1B: 6 month project
requiring professional services.
11
12. What’s New: Investment &
STEM Green Cards
• STEM Graduate Green Cards
• EB-6 Entrepreneur Green Card 10% of
total: requires venture capital
investment of at least $100,000 etc.
• EB-5 $500,000 Investment Green Card
made permanent
– can be source of financing for U.S.
projects
– Investors sold minority interest, limited
partnership units
12
13. Introduction
•
Pour rester compétitives, les sociétés françaises
doivent:
– assembler ou fabriquer dans la zone « dollar » (canadien
ou américain)
– comprendre le système juridique nord-américain et
travailler avec un avocat qui peut établir un « level playing
field » pour son client
– respecter la règlementation gouvernementale, surtout
Export Controls
– « américaniser » (localiser) leur entreprise et leurs
contrats
– Les visas!
– Qualifier pour le financement (public et prive)
– Tirer parti/profiter des subventions s’ils veulent exporter
depuis des Etats-Unis
– Tirer profit des traites internationaux (E-2, ALENA)
13
14. Il faut avoir confiance: Voici le
petit déjeuner de vos avocats
nord américains
11/16/13
14
15. Le Top 6: Questions Juridiques:
1. Ca commence ici: les visas
2. Quelle structure pour quel projet?
3. Droit social : pas aussi libéral que les
Français se l’imaginent?
4. « Export Controls »: Contrôles à l'exportation
5. Gestion des contrats
6. Conseils juridiques pour aider l’accélération
de votre croissance dans le marché nord
américain
15
16. Conclusion : Votre réussite dépendra en
fin de compte …
•
du choix de la structure juridique pour votre
entreprise nord-américaine
•
des solutions de visa efficaces pour votre
personnel clé
•
d'une gestion proactive des relations de travail et
du choix des politiques appropriées en matière
d'emploi
•
de l’importance des règlements
gouvernementaux, surtout Export Controls
•
de l'attention portée à la gestion des contrats et
leur américanisation
•
de l’adoption des stratégies qui vous permettent
d’accélérer votre croissances aux Etats-Unis et
au Canada
•
de trouver des conseillers qui ont l’expérience
pour vous aider dans votre implantation nordaméricaine
16
21. Access to Capital
• R&D: SBIR STTR Grants
• Financial Incentives , State and Local
www.selectusa.org
• Special Government Programs: e.g.
Tobacco Commission
http://www.tic.virginia.gov/
–
Promoting Economic Development in Virginia’s Tobacco
Region
–
To date, the Commission has awarded 1,635 grants totaling
more than $967 million across the tobacco region of the
Commonwealth, and has provided $309 million in indemnification
payments to tobacco growers and quota holders
22. Access to Capital
•
•
EB-5 Regional Centers (Public/Private)
Special Visa Programs for Entrepreneurs
– X Visas
– EB-6
• Small Business Administration (SBA)
Loans
– 7(a) and 504 Programs 90% guarantees
– small business: in general , less than 500
employees
– up to $5 million
23. Access to Capital
•
Financial Assistance to Exports from
the USA
– SBA Export Financing Programs
• export development
• export working capital
• international trade loan program
– IC DISC Tax Incentives
24. SBA Export Financing Programs
•
Export Express
•
Export Working Capital Program
•
International Trade Loan Program
– 90% guarantee for amounts up to $350,000 (for up to 7 years
working capital, 10 years fixed assets and 25 years real
estate)
– 75% guarantee for amounts between $350,000 and $500,000
(same terms as above)
– Lender uses its own loan approval process and documents
– For financing of inventory, accounts receivable and all export
development activities
– Advance payment guarantees (stand-by letters of credit with
only 25% cash collateral)
–
–
–
–
–
90% guarantee for amounts up to $5,000,000
For revolving ABL or single transaction/purchase order financing
Advance payment guarantees (stand-by letters of credit with only 25% cash
collateral)
90% guarantee for amounts up to $5,000,000
For working capital term loans for financing and refinancing of fixed assets
used for exporting (loan tenures up to 10 years for plant & equipment and 25
years for real estate)
25. Questions et Coordonnées
Eliot Norman
enorman@williamsmullen.com
Williams Mullen
1666 K Street NW Suite 1200
Washington DC 20006
Direct Dial: 804.420.6482
En France (juin-juillet 2013)
001.804.564.1619 ou 06 47 00 33 55
www.williamsmullen.com
AU BAR:
17H30: ARCADIAN RESTAURANT & BAR
901 NEW YORK AVE NW
Tel: 202 408 8848
25
26. Teaming Agreements
• Teaming Agreement: Defined
• Major Elements and Protections
for French Company as Teaming Partner &
subcontractor: exclusivity, scope of work, data
exchange subject to NDA (accords de
confidentialite), pricing within prime contractor’s
target ranges, easy termination.
• Sample Teaming Agreement Checklist: PDF from
enorman@williamsmullen.com
• Substantial advantages over typical prime-sub
relationships
11/16/13
26
27. Joint Venture
• Definition
• Use of LLC (Limited Liability Company)
• Key Elements and Issues:
–
–
–
–
–
–
–
–
–
11/16/13
Protection of Technologies and Trade Secrets
Intellectual Property considerations
Clearly defined business objectives
Each Venture should bring something different to the table
that the other does not have
What percentage participation and management roles of
each joint venture
Contributions of capital and ownership rights to IP
Division of profits and Indemnification
Termination/liquidation of the JV and any buy-out
provisions
Confidentiality and non-compete that survives
Indemnification (indemnisation)
27
29. Joint Venture
development en commun des trains d’atterrissage
et des trappes.
Questions to Consider:
–
–
–
–
Division of profits;
Liability: one venturer binds the other
Resolution of disputes
What acts can be undertaken independent of and
outside the JV
– Who owns the improvements? Cross-licensing
– Termination and grounds for withdrawal
– Quelle structure pour quel projet? Considérations
fiscales
11/16/13
29
30. Final Thoughts: Joint Venture
• Define well the scope of the joint
venture agreement and « americanize »
the contract
• Know how to end it before you sign it
• Plan for the divorce before you get
married
30
32. Center for Innovative Technology
The Center for Innovative Technology (CIT)
helps to accelerate the next generation of
technology and technology companies in the
commonwealth of Virginia.
33. CIT Entrepreneur
• Federal Funding Assistance Program – CIT's Federal
Funding Assistance Program identifies and accelerates
opportunities for Virginia's small technology businesses to
obtain SBIR and STTR awards and other government contracts.
Novice and experienced grant recipients may benefit from this
program.
• GAP Fund – CIT’s GAP Fund closes the funding gap between
“friends and family” and early-stage equity investment for
Virginia-based technology companies. CIT’s GAP Fund
identifies and makes funds available to seed-stage technology
firms with a high potential for commercialization, rapid growth
and downstream private-equity financing.
www.cit.org
34. CIT’s Federal Funding Assistance
Program
•
•
•
•
•
•
•
Assists Virginia-based tech firms
SBIR strategy consultation and mentoring
Low cost proposal training and review courses
Discounts with expert proposal consultants
Discounts on proposal preparation software
Referral to law firm for free IP and patent consultation
VC/Angel Capital “Readiness” review and consideration
for CIT GAP Fund
• Phase “0” and “00” awards of $500-$2000 to qualified
applicants to help pay for proposal development
resources.
• SBIR Matching Grant Program
www.cit.org/programs/cit-entrepreneur
36. SBIR/STTR Background
• Use the entrepreneurial spirit of small
business to solve high risk, high pay off
federal agency technology problems
• Agencies provide a relatively small amount
of funding to vet ideas (phase I)
• If proved feasible, larger amount to build out
and further test may be applied for (Phase
II)
37. SBIR and STTR Basics
• Government funding of early stage, high risk, high
pay-off research that can be commercialized.
• $2.4+ Billion available each year. If budgets
increase, SBIR/STTR budgets increase.
• Agencies identify their need for new, high risk,
innovative technology that serves their mission.
• Specific topics are posted in solicitations 1-3 times
per year by each agency.
• Funding you could not typically get from other
external sources like VC, angels, friends and family.
• 4000+ projects funded annually
38. SBIR
Small Business Innovation Research:
– 2.7% of extramural R&D budget set-aside
for small business concerns to engage in
Federal R&D – with potential for
commercialization.
– Increasing to 3.2% over 6 years
– Required participation by Agencies with at
least $100M in extramural R&D budgets
39. STTR
Small Business Technology Transfer:
– 0.35% of extramural R&D budget is setaside to facilitate cooperative R&D
between small business concerns and US
Research Institutions – with potential for
commercialization.
– Requires minimum 30% participation by a
non-profit University or Federal Lab (up to
60% can be performed)
– Increasing to .45% over 6 years.
41. Topics
• Lots of opportunities -- Agencies list topics
from 1-3 times per year. No Unsolicited
proposals
• DOD has 3 SBIR cycles and 1 or 2 STTR
cycles – not all departments participate in all
solicitations.
• NIH has 3 SBIR/STTR solicitations.
• DOE has 2 solicitations.
• NSF has 2 SBIR and 1-2 STTR solicitations
per year.
• USDA, DOT, EPA, NASA, NIST, NOAA have 1
SBIR solicitation per year.
42. Phases and Funding Amounts
Phase I:
• A feasibility study
• Proposal length varies at each agency. 7-20
pages.
• $70—$150K
• Some agencies allow you to exceed award
request by 50%.
• Some have special solicitations that will allow
you to exceed.
• 6 months (SBIR) or 12 months (STTR)
43. Phases and Funding Amounts
Phase II:
• Full R&D, proof of concept/development of
prototype.
• A 2-Year Award
• $300K—$1M
• Most agencies allow you to submit phase II if you
had a Phase I (assuming you proved feasibility)
44. Phases and Funding Amounts
Phase III:
• Commercialization Stage.
• No SBIR funding.
• Use of non-SBIR Funds
• Other Federal funds
• Federal procurement
• Angel funding, VC, etc.)
• Agencies will require you to report back to them
on your commercialization success.
45. Eligibility
•
•
•
•
•
•
No more than 500 employees
Organized “for profit” firm
Independently owned and operated
51% owned by U.S citizens/resident aliens
Principal place of business is USA
Principal Investigator (PI) must be primarily (51%)
employed by the proposing firm.
• In SBIR, at least 66% of phase I and 50% of
Phase II must be accomplished by the
proposing/prime contract firm (joint ventures and
limited partnerships are permitted)
• All work must be performed in the US
46. 3 Main Evaluation
Areas
• Technical approach
• Team
• Commercialization plan/pathway to
market
• Be prepared to address all three areas!
47. Who Owns the
Intellectual Property?
• The Small Business owns the IP
• IP agreements required in STTR between
small business and research institution
• Full rights are retained by the company for
all technical data (AKA “SBIR Data
Rights”) and all patentable inventions.
• Rights do expire if the work is not
continued.
• Must take measures to protect your IP.
48. Program Benefits
•
•
•
•
•
•
•
Not a loan—no repayment
Seed money for high risk R&D
Recognition for your company
Experience as a prime contractor
Leveraging Tool for VC
Fosters Partnerships
IP rights maintained by the small business – data
rights extend to 4 years after your have finished the
contract/grant (5 yrs. For DoD)
• Sole-source marketing position with all Federal
Agencies
52. Questions et Coordonnées
Eliot Norman
enorman@williamsmullen.com
Williams Mullen
1666 K Street NW Suite 1200
Washington DC 20006
Direct Dial: 804.420.6482
En France (juin-juillet 2013)
001.804.564.1619 ou 06 47 00 33 55
www.williamsmullen.com
17H30: ARCADIAN RESTAURANT & BAR
901 NEW YORK AVE NW
Tel: 202 408 8848
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