Registered Agents, Business Addresses, and Mailboxes
Starting a small or mid-sized business seems like it has enough pitfalls, and then the LLC or incorporation form demands a "registered agent" and a "business address." For the business owner not well versed in legal jargon, these terms are strangely opaque. What is a "registered agent"? Isn't the "business address" where the business gets its mail? Not necessarily, but there is an easy way to learn the difference.
Checklist for LLC Dissolution in California
The dissolution process is more complicated than setting up an LLC. After all, dissolution secures the LLC away from creditors and sets the rules to wind up any outstanding business issues. Also, bear in mind that once the LLC files for dissolution, another business can file a California business using the LLC name or a similar name.
Exemptions that can Void a Contract
A contract represents a legally binding mutual agreement by both parties that can be enforced under the law. However, there are numerous situations where a contract can be declared void hence rendering it invalid. Below are the various types of exemptions that can void a contract.
Dissolving a Registered Company in California
Properly closing out business in California is not merely a matter of dividing the last profits and locking the doors. To properly dissolve a registered company in California, whether a limited liability corporation, a C- or S-Corp, or even a general partnership, requires several steps, some required by statute, and all essential to avoiding issues with creditors and the tax office.
E-Signatures in California: The Current State of Remote Signing
When email, online faxing, and scanned documents became a reality with the onset of the Internet, the question of whether electronic signatures and facsimile signatures were binding on parties as "original" signatures on the real document.
COVID-19 Temperature Screenings Best Practices
California businesses are feeling the pressure to keep their customers and employees safe from the dangers of the COVID-19 coronavirus and protect themselves from liability for potential violations of the California Consumer Privacy Act (CCPA). Additional up to date information can be found on the Centers for Disease Control (CDC) website to help businesses navigate these unprecedented times.
Temperature Screening for COVID-19 and CCPA Implications
Businesses who are subject to the California Consumer Privacy Act (CCPA) and are now screening employees for COVID-19, including taking temperatures as employees enter the property, need to be aware of the requirements that the CCPA places on employers regarding employee privacy.
What Will Ticketmaster, StubHub And Other Ticket Vendors Do About Event Cancellations?
While the extent of the economic impact on the US economy is uncertain, it is clear that COVID-19 created a paradigm shift in the way many Americans and companies operate their businesses in an attempt to cope with the ongoing ramifications of the Coronavirus.
Remote Working During Covid-19: Strategies to Protect Intellectual Property
Every company invests a lot of resources to protect its proprietary information and trade secrets from being compromised. However, working from home can pose significant challenges in the efforts to enforce tight security measures. The lack of clearly defined security precautions can expose confidential information to breaches and unauthorized parties
Essential License and Permits for Starting a Business in California
Starting a new business in California takes multiple steps to achieve. These steps vary based upon the type of business and their location. While it is important to check specific rules and regulations in the county and city where you wish to conduct business, here is an overview of the license and permits required.
Four Ways to Protect Your Brand Legally
While modern technology has provided numerous opportunities for businesses to thrive, it has also led to a proliferation of malpractice and fraud. As such, cases of companies being exploited have risen significantly, which often leads to loss of value and, consequently, revenue. For this reason, protecting a brand cannot be underestimated.
COVID-19 and Force Majeure: Creating Contracts for a New Reality
The disruptions caused by the COVID-19 virus, and subsequent business shutdowns and questions of liability to owners, operators, and employees, has revived the topic of force majeure in drafting new contracts or amending existing contracts going forward. Although the dangers of a virus may seem qualitatively different than those created by a hurricane, both are essentially the same for contractual purposes.
What is a Stock Restriction Agreement?
A stock restriction agreement (SRA) is a legal contract made between a company and its founders for an allotment of unvested shares of stock with certain restrictions on when it can be sold. An SRA is intended to safeguard a developing company's growth by guaranteeing continued founder involvement and deterring a premature equity sell-off.
Cost Breakdown of an LLC in California
A Limited Liability Company is an accessible business structure for new businesses. It offers many liability protections and tax advantages to owners. Business owners should account for the various costs associated with forming an LLC in the State of California.
Forming an LLC in California
A California Limited Liability Company (also known as an LLC) is a legal business structure that is among the most common types of small businesses in California. There are some advantages to forming an LLC for small companies, such as limited personal liability and tax advantages.