This Executive Compensation Agreement, made between a corporation and its president, outlines the terms and conditions of employment. The president’s employment term is for three years, with the possibility of automatic extensions for additional three-year periods. Compensation is based on the monthly recurring revenue (MRR) of the corporation, and the president is authorized to incur reasonable business expenses. The president…
Read MoreIntroduction Binding arbitration clauses are commonly found in many contracts and agreements between companies, employers/employees, consumers and businesses, and other parties. The purpose of an arbitration agreement is to require that any disputes related to the contract must be resolved through private arbitration rather than through the court system. Arbitration…
Read MoreOverview of Georgia’s Business Landscape Georgia provides an excellent environment for starting and operating a business, even for nonresidents living outside the state or country. Some of the key advantages Georgia offers include: No Corporate Income Tax One of Georgia’s main appeals is its tax structure. Georgia exempts income earned…
Read MoreВведение Договор о покупке акций (Stock Purchase Agreement, SPA) является одним из ключевых документов при сделках по продаже акций американской компании. В данной статье мы рассмотрим основные аспекты составления договора о покупке акций, а также предоставим образец договора на английском языке. Покупка акций американской компании может быть одним из способов…
Read MoreIntroduction The rise of the gig economy and remote work has made freelancing not only viable, but increasingly popular. Today, more people than ever are leveraging their skills to create a thriving freelance career, free from the confines of the traditional office environment. However, a successful freelance career hinges on…
Read MoreIntroduction Investing is a world filled with diverse strategies, myriad financial instruments, and a plethora of structures designed to maximize potential gains while mitigating risks. One such structure, particularly pertinent to US investors looking to gain exposure to offshore investments, is the US feeder fund. An understanding of this investment…
Read MoreIntroduction: The Over-The-Counter (OTC) Market and Tech Companies The financial market landscape is a vast and multifaceted space, offering a plethora of investment and capital-raising opportunities. One such platform that holds particular relevance for tech companies seeking to raise capital without the stringent listing requirements of traditional exchanges is the…
Read MoreUnderstanding Business Entities Business entity formation is one of the most critical decisions an entrepreneur must make. It can shape the way your business operates, the personal liability you face, and significantly, the amount of tax you owe. This blog post aims to clarify how the choice of your business…
Read MoreIntroduction The world of alcohol sales is one fraught with legal intricacies, especially in California. The state, with its robust wine and craft beer industries, is a hotspot for alcohol reselling. Yet, amidst the opportunities lies a complex network of legislation designed to regulate the sale, distribution, and consumption of…
Read MoreIntroduction Hedge funds, often shrouded in an aura of complexity and exclusivity, are a pivotal component of the global financial landscape. Operating at the intersection of investment, risk management, and regulatory compliance, these funds are both lucrative and complex, offering high returns at proportionately high risk. As their influence in…
Read MoreIntroduction While domestic asset protection trusts (DAPTs) provide certain degrees of protection, they may face legal challenges under the Supremacy Clause of the U.S. Constitution, fraudulent transfer legislation, or if the settlor retains excessive control over the trust. To circumvent these potential issues, many opt for the foreign trust structure.…
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