Category: Legal

What is a registered agent?

The owners of a business often cannot be physically present in each state in which they do business. For this reason, business owners need a responsible third party who is designated to receive any important legal or tax documents that may be presented to a corporation within a given state. Related: List of law firms in the UK What is a registered agent?  A registered agent is a responsible third party who has been designated by a corporation to receive critical documents such as legal and tax documents on behalf of a corporation. Furthermore, when a corporation is sued or ... Read more

How to register a trademark in the UK

Registering a trademark is one of the most effective ways you can protect your name, brand and work. Regarding intellectual property protection, there’s not much that can beat registering a trademark correctly, yet many people struggle with the process on the intellectual property office website in the UK and end up turning to a lawyer even for simple applications. Related: How to protect your idea – copyright, trademarks, patents… 99% of trademark registrations you can do yourself and lawyers can be avoided, costing only minimal time, effort and you can gain a good bit of intellectual property knowledge in the process. The below is a ... Read more

Work in the USA: How to apply for an H-1B Visa

H-1B is an employment-based non-immigrant visa. In a nutshell, it allows US employers to hire foreign workers for so-called ‘specialty occupations’. Given the quicker and lighter application process compared to petitioning for a Green Card, many employers opt for an H-1B visa instead when recruiting abroad. Related: How to get an entrepreneur visa for the UK Legal requirements Not every foreign worker is going to be eligible for an H-1B visa. To make the cut, your future job in the United States needs to qualify as a speciality occupation. This usually means the work you’ll be doing requires highly specialised, theoretical ... Read more

UK patent box: what is it and how to qualify

The UK Patent Box is a tax incentive aimed at encouraging entrepreneurs to commercialise their patents in the United Kingdom. In an attempt to boost economic growth, many countries have recently introduced a competitive tax regime, one that promotes native research and development, from inception to monetization. Related: How to protect your idea – copyright, trademarks, patents… Although the concept is about 15 years old, it has already been adopted by a slew of European nations, including Belgium, Spain, Netherlands and more. It was enacted in the UK on April 1st, 2013. It’s also worth noting that this is not ... Read more

Don’t end up like Candy Crush: pros and cons of filing for IPO

Going public seems to be the end goal for more and more thriving startups – but should it be? While many of today’s industry giants owe their affluence to a strong IPO, the process itself is much riskier than it may seem. So before you ring that stock exchange bell, let’s take a look at the most important pros and cons of filing for an initial public offering: Pros Money. Usually lots of it The main reason why small companies file for an IPO is the ability to raise massive amounts of capital fast. This money can be used to ... Read more

What is copyright? What you don’t know may cost you

Imagine being unable to log onto Facebook, Youtube or your favourite baby sloth live stream for a day. According to studies, you’d suddenly find yourself with at least 5 hours of unwanted spare time in the day. There’s no denying we all live in a world virtually powered by on-demand content. We’ve come to expect a daily influx of fresh ideas to consume, be it original music, viral videos or trending news stories. We like, we share, we feature other people’s work on our blogs and podcasts all the time. Related: Guide to registering a trademark in the UK And ... Read more

How to nail a UK patent application

If you’ve got an idea for a design or invention and want to protect it from being stolen, securing a patent is a must. Provisional patents are perfect for those who are currently developing an idea and want to retain the legal rights to it. Considering their low costs, many people do opt to sign up for them. Related: How to protect your idea – copyright, trademarks, patents… There are many online channels that can be used to help you to determine whether your idea is truly original or not, and therefore whether it can be patented. Applying for a ... Read more

Law firms in the UK

  • >Categories: Legal
Typically the second major cost of any small business is legal fees. Having an efficient and proper legal representation is a massive benefit to any small business and ensuring your legal ducks are in a row should be a top priority. Related: How to protect your idea – copyright, trademarks, patents… This list aims to break down the major law firms covering tech and startups in the UK, also illustrating their benefits and any special legal fees and startup programmes. List of law firms   Field Fisher Waterhouse Overview: FFW is a firm focused on working with industry leaders, whether ... Read more

Interview with Charley Moore, founder of Rocket Lawyer

  • >Categories: Legal
Rocket Lawyer is a 5-year-old company and the most widely used legal service in the world. We have 200 employees and operate both in the US and in the UK. More than 30 million people use Rocket Lawyer every year. It’s a very simple application that enables people and companies to do all their legal procedures: get advice from attorneys, create and sign legal documents and archive important files, all from your mobile. Our mission is to make law affordable and simple. Most businesses are underserved by the law, because of the complexity of legal procedures and the high costs of ... Read more

How to operate a company, decision making & auditors

It is vital you start as you mean to go on by ensuring that your company’s administrative records are well maintained. Related: Invoice financing 1. Decision making 1.1 The majority of the decisions of the company will be taken by the board of directors. Unless specified otherwise in the Articles of Association, decisions will be taken by a simple majority vote. 1.2 Certain other decisions, by reason of the Companies Act or Articles of Association, are reserved for shareholders alone to vote on. Shareholders make decisions in these areas at either a shareholders meeting or in the form of written ... Read more

A guide to employment law in the UK

Your people are at the heart of your business. There are a number of factors to consider in respect of employees to ensure you are operating within the law. Related: Commercial law firms in the UK 1. Contracts of employment 1.1 An employee must be given written terms of employment, which can either be a simple printed form or (particularly when restrictions on competing activities, non-solicitation and non-dealing are to be imposed) a detailed legal agreement. Non-EU nationals will require a work permit to be able to work in the UK. For a short form employment contract, you can adapt ... Read more

How to form a company in the UK

If you’re considering forming a company in the UK, you will be in good company. As one of the leading business locations in the world and the number one destination for foreign direct investment in Europe, by establishing your company here, you are well placed to take advantage of the opportunities a major international business centre brings. Related: List of business law firms in the UK 1. What is a company? 1.1         A company is a legal entity which has a legal personality separate to those who own or run it on a day to day basis. 1.2         Although there ... Read more