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Legal steps into Silicon Valley

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Presentation on the legal aspects for foreign start-ups establishing themselves in Silicon Valley. This was part of a seminar on "How to take the first steps into Silicon Valley", organized by Confindustria and the Italian Consulate in San Francisco.

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Legal steps into Silicon Valley

  1. 1. Antonio Valla © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 1
  2. 2. How to Take the First Steps into Silicon Valley November 6,2013 2013 Valla & Associates, Inc., P.C www.vallalaw.com 2
  3. 3. Legal Aspects – Corporate & Tax  Corporate formation and entity selection    Mid and long-term view Fast and easy to form and manage Tax planning   Relatively low importance in the early stages Tax rates are low, and fundamental tax concepts are easy to understand © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 3
  4. 4. Legal Aspects - Contracts  Freedom to Contract is Pervasive  You get what you negotiate, not what you deserve  Statutory framework is limited, and generic © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 4
  5. 5. Legal Aspects – Contracts Cont.  Freedom to Contract is Pervasive  Common law adds a degree of uncertainty to commercial relationships  SO:  READ IT!! The contract language is fundamental for a correct management of investment and commercial risks © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 5
  6. 6. Legal Aspects – Employment Laws   This is the West Coast and not the Far West HR management is fundamental to growth, and requires an understanding of the rules of the game © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 6
  7. 7. Legal Aspects – Employment Laws Cont.   Highly-regulated area, and generally risky environment for employers Start-ups are not immune © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 7
  8. 8. Thank you… E buon lavoro! Valla & Associates, Inc., P.C. California – New York E-mail: antonio.valla@vallalaw.com Phone: +1 925 705 7623 www.vallalaw.com © 2013 Valla & Associates, Inc., P.C. www.vallalaw.com 8

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