Any questions regarding the conditions for participating in the business, including the possibility of leaving the business, selling a share or a business as a whole, should be discussed at the stage of creation and active development of the business, until everyone is inspired and does not think about possible difficulties.
At the same time, it is important that all, even the most non-standard arrangements of partners, be settled as much as possible, taking into account the real tools and capabilities of the current legislation. This will help to avoid future unexpected scenarios of relations.
Today is another case from our practice to illustrate how you can formalize the fantasy vision of business owners regarding a possible way out of it. Continue reading
Imagine a common situation: a trademark is registered in the ownership of one company or individual entrepreneur, and another uses it. In other words, it is necessary to formalize the use of a trademark in operating activities. The question arises – how to do this and what risks there are in solving this problem.
Who can pay for what, so that royalties are rightfully taken into account in expenses
Payment for the use of intellectual property (royalties) is a common phenomenon. Continue reading
Entrepreneurs are not former – there are only not identified
“On the direction of the review of judicial practice in disputes related to the qualification of the activities of individuals as entrepreneurial for tax purposes”, there were more frequent cases when ordinary citizens received requests in which they are invited to provide explanations on the use of property or the grounds for generating income to non-cash accounts with a proposal to pay taxes. Continue reading