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Almost every business company will need the support of two professionals early on. These two professionals include an accountant and an attorney.<br><br>Know More: http://www.janaklawfirm.com/Corporate-Laws.html
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Best Services You Can Get From Corporate Law Firms Delhi http://www.janaklawfirm.com
Almost every business company will need the support of two professionals early on. These two professionals include an accountant and an attorney. The reasons to hire an accountant are quite obvious. After all, you need someone to help you set up your “chart of accounts,” review your numbers from time to time and prepare your necessary tax returns. However, you may not know why you require the services of a corporate attorney. The best business advocate will offer vital assistance in almost every aspect of your business, including fundamental zoning compliance, copyright, and trademark advice to formal business incorporation lawsuits and liabilities.
Business governance: While most business organizations use an attorney to help you with the process of incorporation, the owners of new business companies sometimes neglect the ongoing legal necessities in maintaining their corporation status. You need to hold annual shareholder, director, and partner meetings. Also, the recording of minutes and the election of offices have to conform to the requirements of the state.
Intellectual Property: There are many intangible assets of a business company that requires legal protection. You need the support of Corporate Law Firms Delhi to protect the name of your company, its logo, the brand name, and all the distinctive goods that you sell or services that you provide. Apart from that, proprietary computer software solutions, semiconductor chip mask designs, vessel hull designs, and many other creations are eligible for trademark registration.
Agreements Regarding Employment: • Companies, especially the ones that deal with technology, count the knowledge of their employees as some of their most crucial assets. Nevertheless, they often fail to protect the same through non-disclosure and non-competitive agreements with their employees. Some employees will inevitably leave the company, and you must protect your business against their taking your knowledge of trade secrets with them over to your competitors.
Exit tactics: • Entrepreneurs remain so focused on starting a new business that they forget to consider what will happen if one of the principal-position holders leaves the organization. If a partner or a major shareholder suddenly decides to leave, it can threaten the ability of your business to continue operating. Closely-held companies need to have buy-sell agreements or buy-back agreements to ensure that the partners or major shareholders can sell their interest without legal entanglements or placing any undue financial burden on the company.
what about the cost of dealing with the issues discussed here? The best lawyers aren’t available at so-called “pocket-friendly” prices, but then again, no other consultant is as critical to your business as an attorney. A brief consultation with an advocate can determine what your business company’s legal necessities are. The investment of an attorney’s time is just like a fire code inspection or a medical check up that can help in preventing significant problems in the future.
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